Washington Daybook: Cashing in With Beyonce, Jay-Z

Photograph by Bill Kostroun/AP Photo

Jay-Z and Beyonce during the third quarter of an NBA basketball game between the New York Knicks and New Jersey Nets.

President Barack Obama travels to New York City today seeking to cash in after a secretly recorded video surfaced yesterday in which his Republican opponent Mitt Romney calls many Americans “victims” dependent on government.

After welcoming the WNBA champion Minnesota Lynx to the White House, Obama will attend fundraisers in New York, including one hosted by pop singer Beyonce and her husband, rap mogul and owner of the NBA’s Brooklyn Nets, Jay-Z. Obama will also appear on CBS’s “Late Night With David Letterman” later tonight.

Romney, who is standing by his comments, has no public appearances today. His running mate, Paul Ryan, makes campaign stops in New Hampshire and Virginia while Vice President Joe Biden attends rallies in Iowa.

Back in Washington, Congress remains idle ahead of what’s expected to be a three-day flurry of legislation the rest of this week before Congress recesses for the Nov. 6 election.

Secretary of State Hillary Rodham Clinton speaks at an Asia Society event honoring Myanmar human rights activist Aung San Suu Kyi. NTSB Chairman Deborah Hersman delivers an address on aviation safety to the Aero Club of Washington, which includes airline and aviation manufacturers among its members. The speech follows her recommendation on Sept. 14 that carriers inspect General Electric Co. GEnx engines for possible flaws.

Also today, the Treasury Department issues an interim final rule on assessment of fees on large bank holding companies and non-bank financial firms overseen by the Federal Reserve to cover the costs of the Financial Research Fund.

And it’s a busy day at the National Press Club, where John Addison, co-CEO of Primerica Inc., and the Consumer Federation of America hold a news conference on the financial condition of middle-class Americans; Nick Pinchuk, CEO of Snap-on Inc., speaks at a Labor Department press conference on the U.S. skills gap; and Randy Fiser, CEO of American Society of Interior Designers, delivers an address on the state of the $60 billion industry.

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