Friday: What To Watch For Today
This could be really good: Treasury's Neel Kashkari, the $700 Billion Man, the guy charged with running the government bailout, is scheduled to appear under oath before Rep. Henry Waxman's (D-Calif.) Oversight committee this morning.
The title of the hearing tells you all you need to know: "Is Treasury Using Bailout Funds for Foreclosure Prevention, as Congress Intended?"
Kashkari gets to try to answer that question at 10 a.m. in 2154 Rayburn.
Also on tap, let's see, what else? Hmm. Oh, right: Most of the world's major leaders are coming to Washington for the G-20 summit, where they will try to figure out how to solve the worsening global financial crisis. Don't know how that one slipped our minds.
The G-20 includes members of the European Union, China, Saudi Arabia and Brazil.
At 6 p.m., President Bush will welcome the likes of French president Nicholas Sarkozy, U.K. prime minister Gordon Brown and others, followed by a dinner.
Meanwhile, across the street from the White House in Lafayette Park, the protests continue.
"On November 15th, President Bush will host a closed-door summit for the G20 leaders in Washington, DC to address the global financial crisis, but we know that this crisis cannot be fixed by those who created it," reads the Web site of Global Justice Action, the online headquarters of the weekend's protest against the G-20 summit.
Factor all events into your evening commute.
-- Frank Ahrens
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