SENATE Meets at 9 a.m. Committees: Appropriations -- 9:30 a.m. Open. Mark up FY88 appropriations for foreign operations and defense. 192 Dirksen Office Building. Banking, Housing and Urban Affairs -- 10 a.m. Open. To modernize and reform regulation of financial services; to establish a Financial Services Oversight Commission. 538 DOB. Budget -- Noon. Open. Proposed reconciliation legislation. 608 DOB. Commerce, Science and Transportation -- 9:30 a.m. Open. Aviation subc. To establish guidelines for federal standards of liability for general aviation accidents. 253 Russell Office Building. Energy and Natural Resources -- 9:30 a.m. Open. Water and power subc. with the Select Committee on Indian Affairs. The Colorado Ute Indian Water Rights Settlement Act. 562 DOB. Environment and Public Works -- 2 p.m. Open. Hazardous wastes and toxic substances subc. To review the Resource Conservation and Recovery Act concerning federal policy on municipal solid waste. 406 DOB. Finance -- 10 a.m. Closed. Resume meeting on reconciliation. 215 DOB. Governmental Affairs -- 9:30 a.m. Open. Oversight on the Federal Advisory Committee Act and to review the activities of the President's AIDS Commission. 342 DOB. Judiciary -- 9:30 a.m. Open. Patents, trademarks and copyrights subc. The Visual Artists Rights Act of 1987. 226 DOB. Judiciary -- 2 p.m. Open. Pending business. 226 DOB. Conferees -- 10 a.m. Open. To authorize FY88 State Dept. funds. S-125 Capitol

HOUSE Meets at 10 a.m. Committees: Agriculture -- 1:30 p.m. Open. Conserv., credit and rural develop. subc. Use of offset procedures by the Farmers Home Admin. for collection of delinquent debt. 1302 Rayburn House Office Building. Banking, Finance and Urban Affairs -- 10 a.m. Open. Financial inst. supervision subc. Reform of the nation's banking and financial systems. 2128 RHOB. Energy and Commerce -- 9:30 a.m. Open. Transportation, tourism and hazard. mat'ls. subc. FTC's enforcement of its consumer fraud law. 2123 RHOB. Energy and Commerce -- 9:30 a.m. Open. Comm., consumer protect. and compet. subc. Mark-up on product liability. 2322 RHOB. Judiciary -- 10 a.m. Open. Criminal just. subc. Racketeer Influenced and Corrupt Organizations Act. 2237 RHOB. Judiciary -- 11 a.m. Open. Crime subc. Major Fraud Act. 2226 RHOB. Public Works and Transportation -- 9:30 a.m. Open. Invest. and oversight subc. St. Lawrence Seaway. 2167 RHOB. Joint Economic -- 9 a.m. Open. Education and health subc. Competitiveness and the quality of the American workforce. 2359 RHOB. Select on Children, Youth and Families -- 10 a.m. Open. Consideration of the draft report "AIDS and Children." 2175 RHOB.