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Financial Services Legislation Markup
The House Financial Services Committee held a markup of "Consumer Financial Protection Agency Act, and H.R. 3639. Amendments debated included provisions to restrict membership on bank corpor…
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Financial Services Legislation Markup, Part 5
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 an…
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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 Reserv…
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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 sei…
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Employment Non-Discrimination Act
Witnesses testified about the proposed Employment Non-Discrimination Act. The legislation to prohibit employers from discriminating against minorities, and would prohibit bias on the basis o…
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Political Turmoil in Honduras
The House Foreign Affairs Subcommittee on the Western Hemisphere held a hearing on the political situation in Honduras following the expulsion of the president by a military coup. Witnesses …
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Insurance and Systemic Risk
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…
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House Session
The House considered several bills, most dealing with Interior Department water treatment projects.
View in Congressional Chronicle9,980 views -
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Mark-to-Market Accounting Problems
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…
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House Session
Live coverage of the House of Representatives for the date of 2-25-09.
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U.S. Monetary Policy Report, Part 2
Federal Reserve Chairman Ben Bernanke delivered his semiannual “Monetary Policy Report to the Congress” as required by the Humphrey-Hawkins Full Employment and Balanced Growth Act. He testif…
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