Regulation of Derivatives, Part 1

Treasury Secretary Timothy Geithner testified about the Obama Administration’s proposal to regulate the over-the-counter derivatives… read more

Treasury Secretary Timothy Geithner testified about the Obama Administration’s proposal to regulate the over-the-counter derivatives market. In his testimony he said the ease with which derivatives were bought and sold had encouraged financial institutions and investors to take on too much risk, and that government regulators were not given the proper tools to mitigate those risks and protect consumers. He also said the plan to stimulate the economy by spending on construction and other local projects was on the “expected path.”

Part 1 of 2 contains Secretary Geithner’s opening statement. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Regulation of Derivatives, Part 1

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Program ID:
287593-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 10, 2009
Last Aired:
Jul 16, 2009

Airing Details

  • Jul 10, 2009 | 10:04am EDT | C-SPAN 3
  • Jul 10, 2009 | 2:03pm EDT | C-SPAN 3
  • Jul 10, 2009 | 7:21pm EDT | C-SPAN 3
  • Jul 11, 2009 | 4:07am EDT | C-SPAN 1
  • Jul 12, 2009 | 3:21pm EDT | C-SPAN 1
  • Jul 16, 2009 | 4:13am EDT | C-SPAN 3
  • Jul 16, 2009 | 6:41am EDT | C-SPAN 3
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