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…

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

Witnesses testified about proposals to expand the role and authority of the Federal Reserve. The new powers would give the Federal Reserve responsibility for identifying systemic risks and r…

The House voted to add $2 billion the Cash for Clunkers program. Lawmakers also voted to let shareholders vote on limiting executive pay.

The House passed a bill to authorize the Transportation Security Administration (TSA) for 2010 and 2011, which included an amendment to prohibit the use of whole-body imaging machines for pr…

Committee members debated amendments and marked up the Expedited CARD Reform for Consumers Act (HR 3639), which would change the effective date of a new credit card law to curb credit bard b…

Witnesses testified on a proposed financial regulatory overhaul, focusing on systemic risk and resolution issues. They particularly discussed recent bank and financial institution bailouts a…

A hearing was held on the shortcomings of the nation’s retirement system and how worker could obtain retirement security. The hearing focused on weaknesses weaknesses in the 401(k) retiremen…

Witnesses testified about operations and business practices at American International Group (AIG) before, during, and after federal intervention. Much of the focus was on AIG’s use of federa…

A hearing was held on Fannie Mae and Freddie Mac. The panelists, who were officials of the Federal Housing Finance Agency (FHFA), testified about the preservation of the assets of Fannie Mae…

The House by a 328-93 vote passed a bill that taxes American International Group (AIG) and other corporate bonuses by up to 90 percent. The legislation was in reaction to news that AIG execu…

Witnesses testified about draft legislation that would require all Americans to purchase health insurance and place new requirements on employers. They focused on business and consumer inter…

Administration officials and banking regulators testified about the Obama administration’s plan to give the government greater power to oversee the financial system for major risks, a new ab…

Committee members debated a Republican substitute amendment to the Consumer Financial Protection Agency Act (CFPA). This is the third of 5 parts of the day’s hearing.

Witnesses testified on pending credit card legislation. The first bill, the Credit Card Interchange Fees Act would amend the Truth in Lending Act by prohibiting specified electronic payment …

Christina Romer testified about health care reform proposals and the potential economic impact of plans to expand health care coverage to all Americans and reduce costs. She said costs could…

Witnesses testified about the U.S. and global financial crisis, levels of transparency and accountability for financial operations, and proposed new regulations governing financial risk and …