Monetary Policy Report
Federal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. He said that the nation’s economy needed continued stimulus sp…
593 viewsFederal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. He said that the nation’s economy needed continued stimulus sp…
593 viewsWitnesses testified on a proposed financial regulatory overhaul, focusing on systemic risk and resolution issues. They particularly discussed recent bank and financial institution bailouts a…
514 viewsThe House passed passed the fiscal year 2010 federal budget conference report. Members also passed a bill to expand hate crimes to include attacks against people based on sexual orientation,…
View in Congressional Chronicle53,354 viewsWitnesses testified about the state of the U.S. banking industry and federal programs to increase lending by banks. Among the topics they addressed were mortgage lending, bankruptcy laws, th…
432 viewsFederal Reserve Chairman Ben Bernanke testified about the efforts of the Federal Reserve Board to provide liquidity in response to the financial crisis and the scope of its powers. In his re…
1,608 viewsWitnesses testified about the Federal Housing Administration’s oversight of loan originators. Topics included the FHA’s approval of new lenders and mortgage brokers, monitoring of lender/bro…
558 viewsAutomobile industry executives from Ford, Chrysler, and General Motors testified about their request for federal financial assistance to the domestic automotive industry. They had requested …
1,669 viewsThe House debated a bill that would temporarily halt the federal government’s oil purchases for the Strategic Petroleum Reserve in order to reduce gas prices. Lawmakers also worked on a bill…
View in Congressional Chronicle1,024 viewsThe Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee held a legislative hearing on H.R. 5244, “The Credit Cardholders' Bill of Rights: Provid…
726 viewsIn the first day of the hearing, federal regulators, academics, and economists testified about draft legislation of the economic, mortgage and housing rescue plan announced the previous week…
269 viewsAll five members of the Securities and Exchange Commission testified about the protection of investors and market oversight. Topics included sub-prime mortgages, the effects of the Sarbanes-…
229 viewsFor the second day, the House debated a non-binding Iraq War resolution saying that Congress would continue to support U.S. armed forces in Iraq, but it disapproves President George W. Bush’…
View in Congressional Chronicle898 views