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Wall Street & White House Agenda

@ Wall Street

A few S&P 500 names reporting on Monday include Hallburton, Wynn Resorts and toy maker Hasbro. After the closing bell, IBM will report its quarterly results. Analysts surveyed by Thomson Reuters expect the technology giant to earn $3.03 a share.

Economic data on tap for this week includes several reports on the housing market -- June housing starts on Tuesday and existing-home sales on Wednesday. In addition, data is due on leading economic indicators for June and the Philadelphia Fed survey of manufacturing activity in the Mid-Atlantic region.

Economic reports over the last month have raised questions about the health of the U.S. recovery.


@ The White House

In the morning, the President will receive the Presidential Daily Briefing in the Oval Office.  Later in the morning, the President will meet with senior advisors in the Oval Office. 

The President will meet with members of the Giving Pledge including co-founders Warren Buffett, Bill and Melinda Gates, and others who have taken the Giving Pledge. The President will receive an update on the Giving Pledge, which invites the wealthiest individuals and families to give the majority of their wealth to philanthropy, and discuss the ways in which private philanthropy can help address our nation´s greatest challenges.

In the afternoon, the President will make a personnel announcement in the Rose Garden.

Later in the afternoon, the President will host an education roundtable with business leaders, Secretary Duncan, Melody Barnes, and America´s Promise Alliance Chair Alma Powell and Founding Chair General Colin Powell to discuss what the business community can do to ensure we have a skilled, educated and competitive US workforce.

After, the President and senior administration officials will meet with heads of financial regulatory agencies in the Roosevelt Room to receive an update on implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This week marks the first anniversary of the President signing into law the strongest consumer protections in history and the most significant reform of Wall Street since the Great Depression. 

 

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