Videos

Witnesses testified about government and private sector responses to mortgage foreclosures and the sub-prime mortgage crisis. Among the topics they addressed were perceived failures in the Obama…

The House Financial Services Committee heard testimony on a bill to eliminate systemic risk and provide for prudential banking overhaul. The proposed legislation would give federal…

The House Financial Services Committee held a markup of Consumer Financial Protection Agency Act, thaking a number of votes on various amendments.

House Financial Services Committee Chairman Barney Frank spoke to reporters and answered questions about the new Consumer Financial Protection Agency (CFPA). The committee voted to create…

Committee members debated amendments and marked up the Expedited CARD Reform for Consumers Act (HR 3639), which would change the effective date of a new credit card law to curb credit bard…

The House Financial Services Committee held a markup of the Consumer Financial Protection Agency Act. They debated several amendments including provisions to ban certain financial products.

The committee continued debating amendments, all having to do with exemptions for smaller banks and credit unions. There were votes at the end of this section on the Republican substitute and one…

Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee on overhaul of the financial regulatory system. In his testimony he said that the Federal Reserve…

Witnesses testified on legislation that would require the Government Accountability Office to audit the Federal Reserve. Federal Reserve General Counsel Scott Alvarez said audits of…

Witnesses testified on a proposed financial regulatory overhaul, focusing on systemic risk and resolution issues. They particularly discussed recent bank and financial institution bailouts and the notion…

Treasury Secretary Timothy Geithner testified about the Obama administration’s plan to give the government greater power to oversee the financial system for major risks, a new ability to…

The House convened for one-minute speeches and afterward considered bills under suspension of the rules.

The witnesses testified about the operations of the Small Business Administration (SBA). They focused on the Obama Administration’s use of economic stimulus funds and accessibility of SBA…

Witnesses testified about the ongoing administration and oversight of the Troubled Asset Relief Program (TARP) and issues surrounding the warrant repurchasing process under TARP to ensure that…

At aproximately 6:30 p.m. Representative Issa insisted that the clerk read a lengthy motion to recommit aloud.

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…