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The Week Ahead: CARES, Home Sales, Construction, and Jobs

The Committee on Banking, Housing, and Urban Affairs will meet Tuesday, December 1 in open-session, hybrid format, to conduct a hearing entitled "The Quarterly CARES Act Report to Congress."

Content from the last such quarterly report is documented in this literature published in September. These CARES Act hearings, according to the witnesses, cover a "complex network of programs, each involving different agencies targeting different sectors of society with different types of funding."

The hearing will include budgetary, judicial, and technology updates and recommendations to Congress, to name a few items.

Witnesses delivering comments include:

  • The Honorable Steven T. Mnuchin, Secretary, Department of the Treasury
  • The Honorable Jerome H. Powell, Chairman, Board of Governors of the Federal Reserve System

It will be webcast live, here, and will not be available until the event begins.

Here are more industry-related happenings in the week ahead.

  • Monday, November 30, National Association of Realtors releases Pending Home Sales report (previous report)
  • Tuesday, December 1, U.S. Census publishes Construction Spending report (last month's report)
  • Friday, December 4, Bureau of Labor Statistics updates national unemployment numbers (previous report)



About Author: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Contact Christina at christina.hughesbabb@thefivestar.com.

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