Videos

In the first of two parts of a hearing on the $50 billion investment scam allegedly engineered by Bernard L. Madoff, Harry Markopolos, an independent financial fraud investigator, asserted t…

Witnesses testified about mark-to-market accounting rules, and whether they exacerbated the current financial crisis. The standard requires companies to value assets they hold at current mar…

Federal Reserve Chair Ben Bernanke testified in a hearing on the Humphrey-Hawkins Semiannual Monetary Policy Report, current economic conditions, and the outlook for the financial sector and…

The House debated and passed by a 240-179 vote a resolution on disapproving of Representative Joe Wilson’s (R-SC) outburst of “You lie!!” during President Obama’s speech on health care refor…

The House passed an amended children’s health insurance bill (SCHIP), continuing the state-run, federally-funded health insurance program for low-income children. Members also approved legis…

The House voted to triple the amount of non-military aid to Pakistan, raising it to $7.5 billion over the upcoming five years with an option to renew. Members also approved a plan to evaluat…

Witnesses testified about efforts to improve the oversight of the insurance industry to prevent insurance companies from pursuing risky strategies that could threaten the financial system. T…

The House held the final day of the First Session of the 111th Congress, unless the Senate passes a health care bill before adjourning. The House passed 2010 Defense spending legislation, in…

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 monetary…

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 th…

House Democrats Patrick Murphy of Pennsylvania, Carol Shea-Porter of New Hampshire, and Alan Grayson of Florida participated in a panel discussion on how Congress works. Topics included earm…

Treasury Secretary Timothy Geithner testified about administration plans to overhaul financial regulation by subjecting hedge funds and traders of exotic financial instruments to strict gove…

Witnesses 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…