[author: Lai Lam]

Congress returns this week from the Memorial Day recess. The Senate convenes today at 3 p.m. The House will meet Tuesday at noon — look for GOP lawmakers to continue their internal bickering over immigration and the failed farm bill vote.

Here’s what else is in store for the week:

House

Water Resources Development Act of 2018 (WRDA). The chamber will take up consideration of the 2018 water infrastructure bill (H.R. 8) as early as Wednesday. The reauthorization measure covers projects related to flood control, conservation, and waterway improvements, among other things.

FY 2019 Appropriations Bills. GOP leaders have put together the first FY 2019 “minibus” package, which covers the Energy-Water, Legislative Branch, and Milcon-VA spending bills. Passage is expected.

CFPB Hearing. On Wednesday, the House Financial Services Committee will hold a subcommittee hearing on “Improving Transparency and Accountability at the Bureau of Consumer Financial Protection.”

Senate

Judicial Nomination. A cloture vote has been scheduled for 5:30 p.m. today on the nomination of Robert Earl Wier to be a U.S. district judge for the Eastern District of Kentucky.

Defense Reauthorization and WRDA. The chamber may take up consideration of its FY 2019 defense reauthorization bill and the 2018 water infrastructure bill (S. 2800).

SEC and CFTC Appropriations Hearing. A Senate appropriations subcommittee will meet Tuesday to review the FY 2019 funding requests for the SEC and CFTC.

Key Hearings & Regulatory Meetings

Monday, 6/4

• CFTC. Open meeting to consider a proposed rule to update the Volcker Rule, among other things. See full agenda here.

Tuesday, 6/5

• SEC. Open meeting to consider a proposal to revamp the Volcker Rule. The SEC will also consider whether to adopt a new rule to provide certain registered investment companies with an optional method to transmit shareholder reports; and whether to issue a release requesting comment about processing fees for delivering shareholder reports to fund investors. See full agenda here.

Wednesday, 6/6

• House Ways and Means Committee. Subcommittee hearing on “Lowering Costs and Expanding Access to Health Care through Consumer-Directed Health Plans.”
• House Small Business Committee. Hearing on “Millennials and the Gig Economy.”
• House Financial Services Committee. Subcommittee hearing on “Homeless Children and Youth Act of 2017.”
• House Financial Services Committee. Subcommittee hearing on “Improving Transparency and Accountability at the Bureau of Consumer Financial Protection.”

Thursday, 6/7

• House Ways and Means Committee. Subcommittee hearing on “Examining Social Security’s Solvency Challenge: The Status of Social Security’s Trust Funds.”