Videos

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…

Secretary Timothy Geithner testified about Obama administration proposals on financial regulation restructuring, focusing on the possible creation of a new Consumer Financial Protection Agen…

Subcommittee Chairman Paul Kanjorski chaired a House Financial Services Committee hearing on the $50 billion investment scam allegedly engineered by Bernard L. Madoff that was the subject of…

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…

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 govern…

Securities and Exchange Commission Chairman Mary Schapiro testified about various reforms and operations at the agency. In her remarks she said the agency was implementing programs to improv…

Representative Paul Kanjorski talked about the economic stimulus proposal, on which the House begins debate today. He also discussed the latest on the troubled Assets Relief Program (TARP) a…

Witnesses 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…

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 financial institutions and markets, government efforts to assist financial institutions, and proposals to provide greater oversight and systemic risk …

Representative Paul Kanjorski talked about H.R. 4173, the Wall Street Reform and Consumer Protection Act. The bill aims to tighten regulation of the financial services industry, prevent inst…

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…

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 fed…

Treasury Secretary Timothy Geithner testified about the Obama Administration’s proposal to regulate the over-the-counter derivatives market. In his testimony he said the ease with which deri…

Witnesses testified about Obama administration proposals on financial regulation restructuring. They focused on the possible creation of a new Consumer Financial Protection Agency. Mr. Berna…

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 fed…

Federal 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…

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. P…