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Economic agenda: Thursday, July 22, 2010

At 8:30 a.m. -- The Labor Department releases data on weekly unemployment benefits claims.

At 9:30 a.m. -- Federal Reserve Chairman Ben S. Bernanke testifies before the House Financial Services Committee on monetary policy and the state of the U.S. economy.

At 10 a.m. -- The Conference Board releases its index of leading economic indicators for June. Economists surveyed by Bloomberg expect a 0.3 percent decline from May.

At 10 a.m. -- The National Association of Realtors releases data on sales of previously owned homes in June. Economists predict a 9.9 percent drop from May.

At 10 a.m. -- The Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, releases its index of homeprices for May.

At 10 a.m. -- A Senate Health subcommittee holds a hearing on worker safety issues at BP.

At 2:30 p.m. -- A Senate Homeland Security subcommittee holds a hearing on the financial recovery from the BP oil spill. Witnesses include Anadarko Petroleum chief executive James Hackett and Kenneth Feinberg, administrator of the BP Oil Spill Victim Compensation Fund.

At 12:30 p.m. -- A group of lawmakers holds a news conference to declare their support for nominating Elizabeth Warren to run the Consumer Financial Protection Bureau created by the financial overhaul.

By Ariana Eunjung Cha  |  July 22, 2010; 6:12 AM ET
 
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