Despite praises heaped on intelligence agencies for the killing of bin Laden, House Republicans are set to cut intelligence budgets.Major Committee Action:
Featured House hearings: from defense authorization to school lunches
A key committee meeting in the House next week will be held by the House Armed Services Committee on May 11, when it holds a markup of the FY 2012 National Defense Authorization Act.
House Foreign Affairs holds two meetings next week, one to examine U.S. export control policy, and another assessing the Peace Corps after 50 years.
Closer to home, the House Education & the Workforce Committee examines "federal overreach into school meals."
Featured Senate hearings: Senate has hands full with financial reform, energy, intelligence reform
The Senate returns next week to a busy hearing schedule, including a series of hearings in the Senate Financial Services Committee to review the financial crisis and review the Dodd-Frank bill. The latter hearing on Thursday features testimony from top-line financial regulators, including Fed Chairman Ben Bernanke, Deputy Treasury Secretary Neal Wolin and several others.
The Senate Energy and Natural Resources Committee holds a hearing Tuesday on new oil and gas technologies, as Republicans and Democrats continue to spar over how to lower oil and gas prices. The Senate Finance Committee on Thursday holds its own hearing on rising energy prices.