This week, look for progress on the stimulus package, the confirmation of Timothy Geithner as Treasury Secretary, and a possible plan from the Obama administration on how to stabilize the banking sector-again. On that subject, debate within higher-minded circles has
Monday
The full Senate is expected to vote on Mr. Geithner´s nomination.
Tuesday
The Federal Deposit Insurance Corp. is holding a board meeting to consider a proposal to put interest rate restrictions on institutions that are less than well capitalized, and to vote on another measure specifying a method for determining a failed bank´s deposit balance.
The Federal Housing Finance Agency is set to release capital rules for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
Wednesday
The Republican National Committee´s
Thursday
The Republicans will be away from the Hill Thursday and Friday, which means that the stimulus bill will have to move early in the week if it is to make progress.