Week inAdvance
Monday | Jun 20, 2022
Mon Jun 20 US Juneteenth holiday, US markets are closed. | Tue Jun 21 Summer solstice. | Wed Jun 22 Powell in the Senate. | Thu Jun 23 Fed stress test results. Powell in the House. EU leaders meet. BRICS summit. | Fri Jun 24 IOSCO, OECD corporate bond market forum. | Sun Jun 26 G7 summit begins.

Federal Reserve Chair Jerome Powell appears in the Senate on Wednesday and the House on Thursday. He will likely be grilled on what a more aggressive Fed could mean for jobs and the economy.

Also on Thursday, the Fed will release the results of its 2022 stress tests. In this round, the largest US banks will be tested against a hypothetical massive surge in unemployment and a crash in commercial real estate.

European leaders meet in Brussels for a two-day meeting, starting June 23. The war in Ukraine and its many consequences will dominate the agenda.

All times are Eastern and subject to change.
please join us
Wednesday, Jun 22
INVESTORS CMBS industry update
4 - 4:15 pm
Come when you can. Leave when you have to. Take your calls.
at the agencies
Thursday, Jun 23
FEDERAL RESERVE
On June 6, the Fed announced it would publish the results of its annual stress test of the nation's largest banks today. The results of the test, which examines how big bank portfolios would perform under a hypothetical downturn, are closely watched by investors, as they inform how much capital banks will have to hold as a protective cushion against losses.
on the hill
Wednesday, Jun 22
SENATE BANKING HOUSING, AND URBAN AFFAIRS
Hearing: "The Semiannual Monetary Policy Report to Congress." Testimony by Federal Reserve Chair Jerome Powell.

Thursday, Jun 23
HOUSE FINANCIAL SERVICES
Hearing: "The Semiannual Monetary Policy Report to Congress." Testimony by Federal Reserve Chair Jerome Powell.

Thursday, Jun 23
SENATE BANKING HOUSING, AND URBAN AFFAIRS
Hearing: "Reauthorization of the National Flood Insurance Program: Administration Perspectives." Testimony by David I. Maurstad, Associate Administrator for Resilience (Acting), Federal Emergency Management Agency.
across the globe
Monday, Jun 20
LUXEMBOURG
EU foreign affairs council meets.

Monday, Jun 20 -
Wednesday, Jun 22
DOHA, Qatar
Bloomberg Qatar Economic Forum opens, with a lineup of government officials, executives and investors who will discuss the state of the economy and markets.

Wednesday, Jun 22
MADRID, Spain (in-person & virtual)

Thursday, Jun 23
BRUSSELS, Belgium
Summit of EU leaders with an agenda that includes approval for Croatia’s bid to join the eurozone in 2023.

Thursday, Jun 23 -
Friday, Jun 24
BRASILIA, Brazil
OECD Fourth Ministerial Summit on Productivity: "Towards a productive, human-centered and sustainable integration in the world economy."

Thursday, Jun 23 -
Friday, Jun 24
BEIJING, China
Chinese president Xi will host the 14th BRICS Summit, the foreign ministry said in a statement. The summit’s theme is to build partnership and usher in a new era of global development.

Friday, Jun 24
VIRTUAL
IOSCO & OECD Conference on Corporate Bond Markets.

Sunday, Jun 26 -
Tuesday, Jun 28
ELMAU, Germany
Group of Seven summit of wealthy nations, with the leaders of Germany, the United States, France, Japan and other top industrial countries. Germany has ordered increased security on its border until July 3. Inviting a special guest, India's Narendra Modi, may help western powers in the battle for allies to counter the growing closeness between Russia and China.
other events
Monday, Jun 20 -
Wednesday, Jun 22
NASHVILLE, Tennessee (in-person & virtual)
SEC Division of Enforcement Director Gurbir Grewal will participate in the ACFE Global Fraud Conference on Tuesday.

Tuesday, Jun 21
The summer solstice is celebrated in the northern hemisphere, marking the longest day of the year and the first day of summer.

Wednesday, Jun 22 -
Friday, Jun 24
CHICAGO, Illinois
SEC Chair Gary Gensler will deliver the keynote remarks at the Society for Corporate Governance's 75th Anniversary Conference on Wednesday.