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House Session
The House approved a $30 billion small business lending fund to be overseen by the Treasury Department.
View in Congressional Chronicle2,215 views -
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Fannie Mae and Freddie Mac
Witnesses testified on the primary causes of financial losses for Fannie Mae and Freddie Mac and the progress in improving management at the agencies during the preceding two years.
515 views -
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Securities Exchange Commission Oversight
Mary Schapiro testified on the current state of the U.S. Securities and Exchange Commission (SEC), its priorities, and the near-term challenges the agency faces. Questions were primarily foc…
309 views -
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House Session
The House voted 237-192 for the Dodd-Frank financial regulations law, which makes changes to financial market regulations. The legislation creates a panel of regulators chaired by the treasu…
View in Congressional Chronicle2,686 views -
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Stock Market Stability
Witnesses testified about a 1000 point stock market drop on May 6, 2010. SEC Chairperson Mary Schapiro and other government regulators testified about proposed changes to the system of “circ…
871 views -
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Foreclosure Mitigation
Bank executives testified about second liens and other barriers to principal reduction as an effective foreclosure mitigation program. Among the issues addressed were the effectiveness of go…
1,066 views -
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House Session
The House worked on several measures, including a number of water and land protection programs.
View in Congressional Chronicle2,256 views -
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Financial Executive Compensation
Special Master Kenneth Feinberg and others testified about financial compensation and executive pay at financial institutions. In his testimony, Mr. Feinberg outlined his difficulties negoti…
222 views -
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Executive Compensation
Witnesses testified about compensation practices at financial and non-financial firms. Among the topics addressed were recent bonuses awarded to financial executives at firms that had receiv…
297 views -
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House Session
The House considered Native American water issues and support for Haiti.
View in Congressional Chronicle685 views