Washington Daybook: All-Nighter

Photograph by Chip Somodevilla/Getty Images

Senate Budget Committee members Sen. Pat Toomey, center, and Sen. Ron Johnson, right, make brief statements to the news media before the second day of markup hearings in the Dirksen Senate Office Building on Capitol Hill on March 14, 2013 in Washington The Republican senators were unified in their criticism of the federal budget proposed by the majority Democrats on the committee.

Look for the Senate to toil late into the evening and possibly into the early morning hours to finish work on its fiscal 2014 budget blueprint. When back-to-back roll calls on amendments end, the chamber will finally be ready for recess, joining the House, which has already begun its two-week Passover/Easter break.

President Barack Obama meets with King Abdullah II of Jordan today as he continues his visit to the Middle East.

Obama nominated Allison Macfarlane to a new term as Nuclear Regulatory Commission chairman. Meanwhile, FCC Chairman Julius Genachowski is leaving his post, according to two people familiar with the matter, setting up a second vacancy on the five-member agency that regulates telephone, cable and broadcast companies, Bloomberg News reports.

Strong economic data on jobs, housing and investment don’t support claims by House Budget Committee Chairman Paul Ryan, a Wisconsin Republican,  that debt “is hurting our economy today,” Bloomberg News reports. Sen. John McCain, an Arizona Republican, said Republicans should compromise and increase tax revenues as part of “long-term grand bargain” on budget.

Federal Reserve Governor Sarah Bloom Raskin, CFPB Director Richard Cordray and FDIC Chairman Martin Gruenberg speak at a National Community Reinvestment Coalition conference today. The CFTC holds a closed meeting on enforcement.

In legal affairs, Oxfam America holds a briefing after lawyers for the SEC and the American Petroleum Institute give oral arguments at an appeals court in a case involving the Cardin-Lugar provision of the Dodd-Frank Act, which requires oil, gas and mining companies to disclose payments made to governments where they do business. An ITC judge releases findings in a patent-infringement case that Google’s Motorola Mobility unit brought against Microsoft over a away the Xbox video-gaming system communicates with accessories.

And Tim Geithner, who finished his term as Treasury secretary in January, has found a buyer for his house in Bethesda, Md., one week after listing it for $995,000, Bloomberg News reports.

Bennett Roth and Katherine Rizzo contributed to this report.

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