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William Lacy Clay Jr.

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  • AIG Collapse and Rescue Liddy Testimony
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    AIG Collapse and Rescue, Liddy Testimony

    American International Group (AIG) executives testified about the use of public bailout funds by the company and previous claims that all or most of the funds would be returned to the government.…

    21,700 views
  • Mortgage Refinancing and Modification
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    Mortgage Refinancing and Modification

    Witnesses testified about the Making Home Affordable program, which was designed to stem foreclosures by allowing eligible homeowners to refinance or modify the terms of their mortgages.

    13,183 views
  • Ben Bernanke on Bank of America and Merrill Lynch
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    Ben Bernanke on Bank of America and Merrill Lynch

    Federal Reserve Chair Ben Bernanke testified at a hearing on the merger of Bank of American and Merrill Lynch. Faced with contentious questioning he disputed accusations that he had pressured Bank of…

    7,537 views
  • Federal Aid to AIG Insurance CEO Testimony
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    Federal Aid to AIG Insurance, CEO Testimony

    Edward Libby testified about operations and business practices at American International Group (AIG) before, during, and after federal intervention. Much of the focus was on AIG’s use of federal money…

    6,303 views
  • AIG Executive Bonus Payments Audit
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    AIG Executive Bonus Payments Audit

    Neil Barofsky testified about retention bonuses awarded to employees and leaders of financial institutions after the companies had received federal bailout money, as well as oversight by the Treasury Department…

    3,868 views
  • House Session Part 1
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    House Session, Part 1

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

    View in Congressional Chronicle3,175 views
  • House Session
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    House Session

    The House voted to add $2 billion the Cash for Clunkers program. Lawmakers also voted to let shareholders vote on limiting executive pay.

    View in Congressional Chronicle1,843 views
  • House Session
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    House Session

    The House debated and passed health reform legislation by a vote of 220-215. One Republican, Rep. Joseph Cao (R-LA), voted for the bill and 39 Democrats voted against the legislation.

    View in Congressional Chronicle1,633 views
  • Former Treasury Sec Paulson on Merrill Lynch Merger
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    Former Treasury Sec. Paulson on Merrill Lynch Merger

    Former Treasury Secretary Henry Paulson testified about federal assistance to Bank of America and Merrill Lynch. Members often asked pointed questions and demonstrated frustration with Mr. Paulson,…

    1,485 views
  • House Session
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    House Session

    The House considered nine bills, including one that extends certain small business programs.

    View in Congressional Chronicle1,314 views
  • Executive Pay and TARPFunded Companies
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    Executive Pay and TARP-Funded Companies

    Kenneth Feinberg, a special master at the Treasury Department, gave testimony regarding compensation of the 25 highest-paid employees of 7 companies that received assistance under the…

    1,187 views
  • Mortgage Modifications
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    Mortgage Modifications

    Mortgage servicing and government officials testified on the extent to which mortgage service companies are performing successful loan modifications that result in long-term, affordable…

    948 views
  • AIG Collapse and Federal Rescue
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    AIG Collapse and Federal Rescue

    Hank Greenberg, who retired as chairman and chief executive officer of American International Group (AIG) in 2005, testified about the history of the company and what led to the need for federal…

    861 views
  • AIG Collapse and Federal Rescue Continuation
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    AIG Collapse and Federal Rescue, Continuation

    Hank Greenberg, who retired as chairman and chief executive officer of American International Group (AIG) in 2005, testified about the history of the company and what led to the need for federal…

    663 views
  • Bank of AmericaMerrill Lynch Merger
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    Bank of America-Merrill Lynch Merger

    Three Bank of America executives testified about events surrounding Bank of America’s acquisition of Merrill Lynch and the receipt of federal financial assistance. Questions included a…

    593 views
  • Response to Foreclosure Crisis
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    Response to Foreclosure Crisis

    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…

    579 views
  • Secretary Geithner on Regulation of Financial Markets
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    Secretary Geithner on Regulation of Financial Markets

    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…

    565 views
  • House Session
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    House Session

    View in Congressional Chronicle489 views
  • House Session
    Last Aired

    House Session

    View in Congressional Chronicle487 views
  • Chairman Bernanke on Financial Regulatory Overhaul
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    Chairman Bernanke on Financial Regulatory Overhaul

    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…

    413 views
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