Washington Daybook: Power Lunch, or Food Fight?

Photograph by Harry Hamburg/AP Photo

Senate Majority Leader Harry Reid whispers to House Speaker John Boehner with Mitch McConnell left, and Nancy Pelosi in the House Speaker's office on July 23, 2011.

President Obama, seeking to gain the upper hand on economic issues, hosts a luncheon at the White House to talk about job creation with House Speaker John Boehner and Mitch McConnell at one side of the table, Senate Majority Leader Harry Reid and Nancy Pelosi on the other. The fun starts at 11:30 a.m.

While we can’t listen in on those talks, as much as we’d like to, we can learn what Fed monetary officials talked about at their most recent discussions on the state of the economy when minutes of their April 24-25 meeting are released at 2 p.m.

And one day after JPMorgan Chase & Co. CEO Jamie Dimon told shareholders there’s no justification for “egregious mistakes” that led to a $2 billion loss by the biggest U.S. bank, officials from the Fed and Treasury Dept. come together for a grilling over what they knew and when they knew it when the House Financial Services panel gets together to discuss the impact of regulatory reform. 10am

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