Week ahead schedule

After lawmakers return to D.C., the House is expected to be in session for two weeks at the end of July, out for August and back to tackle a slew of legislative items in September and the first two days of October before breaking ahead of the November elections. Members are then expected to be back in Washington for one week mid-November and the first two weeks of December. … [Read more...] about House scheduled to return for votes in late June

After canceling the Group of Seven summit, originally scheduled for June 10-12 at Camp David, Trump said a week ago that he was again considering hosting an in-person meeting of world leaders because it would be a “great sign to all” of things returning to normal during the pandemic. … [Read more...] about Merkel won’t attend G7 summit in person if US goes ahead

9:15 a.m. Stanford president offers details on financial losses: Stanford president Marc Tessier-Lavigne said the school projects it will lose $267 million because of the COVID-19 crisis from March 1 through Aug. 31, which marks the end the 2020 fiscal year. Tessier-Lavigne, in a letter to the university community, said he “expects our financial challenges to be as great or even greater” in the next fiscal year. He cited reduced housing revenue, limited income-producing programs and increased expenses, such as student financial aid. Tessier-Lavigne pledged to pay university employees through Aug. 31, but he also said workforce reductions will be “unavoidable” to start the new fiscal year on Sept. 1. … [Read more...] about Coronavirus live updates: San Francisco financial scenarios ‘keep getting worse every week’

The economic losses will continue to mount, according to a paper published this month by SMU DataArts - an arts research group at Southern Methodist University - and Jill Robinson, chief executive of TRG Arts, an arts consultancy. They estimate that for 35,000 nonprofit U.S. arts groups with annual budgets over $50,000, the total revenue loss will be $12.4 billion for March 2020 to February 2021. Almost half of those losses will be in ticket sales and other earned income; the rest represents declines in donations and investment income. … [Read more...] about Arts groups in distress call on a former Kennedy Center president for help

Meanwhile, Trump said he will soon discuss the U.S. stance with China, mentioning a possible news conference. Secretary of State Mike PompeoMichael (Mike) Richard PompeoChinese lawmakers approve law allowing for stricter crackdown on Hong Kong The Hill's Morning Report - Presented by Facebook - US virus deaths exceed 100,000; Pelosi pulls FISA bill Overnight Defense: Trump ends sanctions waivers for Iran nuclear projects | Top Dems says State working on new Saudi arms sale | 34-year-old Army reservist ID'd as third military COVID-19 death MORE announced that Communist China’s legislative efforts this week to control Hong Kong mean the territory is no longer autonomous from China, potentially opening the door to a legal change in trade and travel ties with the United States.  … [Read more...] about The Hill’s Morning Report – Presented by Facebook – George Floyd’s death sparks protests, National Guard activation