Federal Reserve Chairman Ben Bernanke is due to deliver the Semiannual Monetary Policy Report to Congress today before the House Financial Services Committee. What will he say about unemployment, if anything at all? The stakes are high with Bernanke’s approval rating at an all-time low. The hearing starts at 10 a.m.

The Senate Finance Committee and House Ways and Means Committee will hold a joint hearing on tax reform and the tax treatment of debt and equity.

Heritage’s Asian Studies Center will host a briefing on the Global Scope of Radical Islam at which the American Foreign Policy Council’s new World Almanac of Islamism will be discussed. It examines Islamism’s worldwide presence and appeal. Watch the event at 11 a.m. ET.