9:30 am ET - Wall Street fraud hearing -  A Senate judiciary subcommittee holds a hearing on whether jail time would be an adequate deterrent in fighting Wall Street fraud.

10:00 am ET - Geithner on Capitol Hill - Treasury Secretary Timothy Geithner is set to unveil the Obama administration’s proposal to bill Wall Street for last year’s bailouts, rather than taxpayers.

11:00 am ET - Obama addresses Business Council - President Obama speaks to the Business Council, a group of 150 CEOs of leading private sector businesses from commerce and industry.

11:30 am ET - Jailed hikers in Iran briefing - Three U.S. senators will brief reporters on efforts to free three American hikers currently being held in Iran.

2:00 pm ET - Bret Michaels health update - Doctors in Phoenix, Arizona, are expected to update the public on the condition of singer/entertainer Bret Michaels, who is being treated for a brain hemorrhage.