Washington Daybook: Fiscal Cliff Talks

Photograph by Joshua Roberts/Bloomberg

House Speaker John Boehner, a Republican from Ohio, second right, speaks next to House Minority Leader Nancy Pelosi, a Democrat from California, left, Harry Reid, Democratic Senator from Nevada, second left, and Mitch McConnell, Republican Senator from Kentucky, right, listen after meeting with President Barack Obama on reducing the deficit.

U.S. Treasury Secretary Tim Geithner meets House Speaker John Boehner, House Democratic leader Nancy Pelosi, Senate Majority Leader Harry Reid and Senate Republican leader Mitch McConnell as President Barack Obama presses for a deal to avert the so-called fiscal cliff. Obama also has lunch today with defeated Republican presidential nominee Mitt Romney.

Democrats are ready to install women in some of the highest positions available to the minority party in the House during leadership elections after Republicans handed committee chairmanships only to men. Once all the leaders are picked, the House begins debate on legislation that would set aside new green cards for foreign students who graduate in the U.S. with advanced degrees in certain fields. Meanwhile, the Senate continues working through amendments to fiscal 2013 defense authorization with the goal of completing work this week.

Also today, community banks and insurers will press their case for separate treatment from the biggest financial firms as House lawmakers examine the potential impact of global capital rules at a hearing of the House Financial Services Committee.

The Senate Intelligence Committee holds closed-door hearings on the Sept. 11 Benghazi diplomatic compound attack in Libya.

Secretary of Defense Leon Pantetta holds a joint press conference with Israel Minister of Defense Ehud Barak after the House Foreign Affairs holds a hearing on Israel’s defense needs.

And billionaire investor T. Boone Pickens discusses government polices to support natural-gas fueled trucks at an American Trucking Association meeting.

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