Let's Get Ready to Rumble

Big drama today on Capitol Hill.

First, new reporting that the President will act unilaterally on immigration reform. Fox News reporting that President Obama will unveil a 10-point immigration overhaul via executive order. It would include suspending deportations for millions of illegal immigrants. Fox sources say it could come as early as next Friday. Lucas Tomlinson writes, "The plan calls for expanding deferred action for illegal immigrants who came to the U.S. as children -- but also for the parents of U.S. citizens and legal permanent residents. The latter could allow upwards of 4.5 million illegal immigrant adults with U.S.-born children to stay, according to estimates."

Republicans are likely to be vigorously opposed to say the least, and the executive orders are sure to face Congressional scrutiny. Mike Emanuel reporting.

Another huge battle brewing over the Keystone Pipeline. The House could vote today to approve the measure. It's also expected to get a vote in the Senate as Senator Mary Landrieu is facing a tough re-election and the measure could boost her chances. Ironically, her Republican challenger is a sponsor of the House bill and could end up the co-author or even the author of the final bill! The White House says it takes a "dim view" of legislative action on Keystone.

1000EST -- The House meets for morning hour and 1200EST for legislative business. The House will debate and may vote on Rep. Cassidy's bill, H.R. 5682, that would immediately authorize construction of the Keystone XL pipeline.

There's also lots of hearings on the Hill today that we will be monitoring:

1000EST -- The House Armed Services Cmte holds hearing to listen to testimony from Joint Chiefs Chair Gen Martin Dempsey and Secy Hagel on the Obama Admin's strategy and military campaign in fighting ISIS. LIVE

1000EST -- House Intel Cmte holds hearing to review threats that the US faces by possible nation-state military conflicts such as those imposed by China, Russia, N Korea, and Iran. Fmr Joint Chiefs Vice Chair Gen James Cartwright (Ret.), Yale Univ prof Walter Russell Mead, and CSIS' Kathleen Hicks testify. LIVE WEBCAST

1000EST -- The House Financial Services Cmte holds hearing to examine the US' ongoing effort to disrupt ISIL's primary sources of financial funding. According to the Treasury Dept, the Islamic State has been earning close to $1mil/day from oil sales since June and have accumulated at least $20mil in ransoms this year alone. LIVE

1000EST -- House Veterans' Affairs Cmte holds hearing to review the implementation of the The Veterans Access, Choice, and Accountability Act of 2014. Deputy VA Secy Sloan Gibson, acting Principal Deputy VA Undersecy for Health James Tuchschmidt, and VA's Enterprise Program Management Office exec dir Gregory Giddens testify. LIVE

1000EST -- House Foreign Affairs Cmte holds hearing to examine the intl and homeland efforts to combat the ongoing Ebola epidemic in West Africa and the Obama Admin's emergency request for funding. USAID admin Rajiv Shah, Deputy Asst Secy of State for the Bureau of African Affairs Bisa Williams, Asst Secy of Defense for Special Ops & Low-Intensity Conflict Michael Lumpkin, Joint Chiefs Deputy Dir for Politico-Military Affairs (Africa) USMC Maj Gen James Lariviere, and Joint Staff Surgion

1045EST -- House Minority Ldr Pelosi holds her weekly press conference. LIVE

We'll take a closer look at how the U.S. and other allies are doing in the fight against ISIS.

We get reports today on jobless claims. We're also expecting more retailers to report how they are doing after some mixed reports from companies like Macy's yesterday. Lower oil prices could lead to boosted retail sales as consumers spend less on gas and more on clothes! Markets took a breather yesterday with the Dow closing down slightly for the first time in several days.

President Obama meeting with the President of Myanmar (formerly Burma) today to push the government there towards democracy.

Be sure to tune in to our second hour today. Jon Scott set to have a powerful interview with fmr Navy SEAL who says he killed Usama bin Laden. SEAL Team Six hero Robert O'Neill will talk to Jon about the incident and what it meant to the War on Terror.

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Clint Henderson

Clint Henderson is the Executive Producer for “Happening Now” and an avid traveler. Follow his adventures on Twitter, ClintPHenderson, and Instagram, clintpage1.