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An updates on new jobless claims will be released at 8:30 AM EDT.   These claims have been slowly decreasing over the last few weeks, and the consensus forecast is that there will be 450,000 new jobless claims, compared to 457,000 in the last period.

Ben Bernanke speaks to the House Committee on Financial Services about the Federal Reserve’s strategy for exiting the financial markets at 10:00 AM EDT.

Tim Geithner will testify to the House Appropriations Committee’s State and Foreign Operations Subcommittee regarding the Treasury Department’s international programs at 1:30 PM EDT.

A report on the money supply will be released at 4:30 PM EDT.

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