Witnesses testified about the Securities and Exchange Commission’s (SEC) failure to identify the Bernard Madoff Ponzi scheme and how to improve SEC performance. Mr. Kotz spoke about his report that…
3,515 viewsThe Senate convened and resumed consideration of S.Con.Res.13, the Senate Budget Resolution, Fiscal Year 2010.
View in Congressional Chronicle1,117 viewsBen Bernanke testified about his nomination to continue as the chair of the Federal Reserve Board of Governors. In his testimony he said he is concerned about a congressional proposal to audit the…
1,858 viewsThe Senate convened to finish work on the Housing Bill (S 896) and then moved on to the Defense Acquisition bill.
View in Congressional Chronicle748 viewsCongressional leaders spoke to reporters outside the White House about their meeting with President Obama and the administrations policy on further aid to the banking system.
52 viewsTransit officials testified about budget concerns and funding needs of transit agencies to ensure their systems remain safe, efficient and modern.
354 viewsThe Senate Appropriations subcommittee on Commerce, Justice and Science, and Related Agencies held a hearing on proposed fiscal 2010 appropriations for the Justice Department. He responded…
170 viewsThe Senate Banking Committee voted out of committee the nomination of Ben Bernanke to continue as Chairman of the Federal Reserve. The vote was 16 to 7 to send the nomination to the Senate floor.…
158 viewsWitnesses at a hearing on the oversight of the federal financial rescue program testified about operations of the Treasury Department and administrations of the Troubled Assets Relief…
548 viewsWitnesses testified about investor protection and the regulation of securities markets. They focused on the modernization of the entire financial regulatory system as well as specific securities issues. Ms.…
502 viewsA hearing was held on government intervention and implications for future regulation of American International Group. Topics included what led to the insurance company’s downfall, the…
5,585 viewsWitnesses testified about the federal regulation of banks. The Senate Banking Committee heard from the heads of the FDIC and other federal financial regulations about the Obama Administration’s plan to…
3,821 viewsMembers debated various provisions and amendments to financial regulation legislation.
142 viewsShaun Donovan testified about his nomination to be the secretary of the U.S. Department of Housing and Urban Development (HUD). Among the topics he addressed were the housing crisis; ways…
523 views