Economic Stimulus

Economic Stimulus
SEC & CFTC Heads Testify on Derivatives Reform
Chairmen for the SEC and CFTC testify on derivatives reform, reducing systemic risk and improving market oversight at a Senate Banking Committee hearing. The Committee also questioned both witnesses about the oversight of J.P. Morgan Chase and the intricate trades that caused them to lose over a $2 billion. More »
Senate Banking Cmte. Hearing

Recent Events

SEC & CFTC Heads Testify on Derivatives Reform
Tuesday     Washington, DC

Chairmen for the SEC and CFTC testify on derivatives reform, reducing systemic risk and improving market oversight at a Senate Banking Committee hearing. The Committee also questioned both witnesses about the oversight of J.P. Morgan Chase and the intricate trades that caused them to lose over a $2 billion.
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Hearing on Designation of Systemically Significant Financial Institutions
Wednesday, May 16, 2012     Washington, DC

The House Financial Services Subcommittee held a hearing on how to define and designate what is a systemically significant financial institution or better known as “too big to fail” banks.
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Economists Debate Europe's Economic Future
Wednesday, May 16, 2012     New York, NY

The Council on Foreign Relations hosts a discussion on the European economy and its effect on global fiscal health. Willem Buiter,the Citigroup's Chief Economist discussed these issues with Rana Forhoohar from Time magazine.
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Fiscal Summit Showcases Political Leaders
Tuesday, May 15, 2012     Washington, DC

The Peter G. Peterson Foundation (PGPF) holds its third annual "2012 Fiscal Summit: America's Case for Action." Participants include, Former Pres. Bill Clinton, Speaker of the House John Boehner (R-OH) and others.
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New Jersey Governor Speaks at the Milton Friedman Prize Dinner
Friday, May 4, 2012     Washington, DC

New Jersey Governor Chris Christie gave the keynote address at the Milton Friedman Prize for Advancing Liberty Dinner on Friday.
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The Hamilton Project Holds Symposium on Tax Reform
Thursday, May 3, 2012     Washington, DC

Economists from both sides of the aisle, including former Reagan advisor Martin Feldstein and former Obama advisor Larry Summers, discussed what can be done to simplify and overhaul the tax code, and the political implications of tax reform.
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General Dempsey Speaks About Defense Funding
Tuesday, May 1, 2012     Washington, DC

General Martin Dempsey, the 18th Chairman of the Joint Chiefs of Staff, spoke with Jessica Mathews, President of the Carnegie Endowment for International Peace.
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Fed Chair Meets with Media After FOMC Meeting
Wednesday, April 25, 2012     Washington, DC

Fed Chair Ben Bernanke says economic recovery in the country will continue at a moderate pace, hampered by the sluggish housing sector. The Fed will keep interest rates at record lows until about 2014. In remarks to reporters after a round of policy meetings Wednesday, Mr. Bernanke also warned that the U.S. faces a fiscal cliff unless Congress acts ahead of tax hikes and spending cuts scheduled at the start of 2013.
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Mexican President Addresses U.S. Chamber of Commerce
Tuesday, April 24, 2012     Washington, DC

Mexican President Felipe Calderon spoke about his country’s economic competitiveness when he delivered the keynote address at the U.S.-Mexico Leadership Initiative Business Summit held at the U.S. Chamber of Commerce. President Calderon said the important method to recover economic growth is trade and investment. He called for more trade and more freedom in investments.
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Conference Examines the U.S. Economy and Housing Market
Friday, April 20, 2012     Washington, DC

The National Community Reinvestment Coalition hosts a conference on the U.S. economy and the housing market. Office of Mortgage Settlement Oversight Monitor Joseph Smith participated.
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