Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
House Financial Services sets second financial markets hearing
WASHINGTON (7/21/08)--New York Federal Reserve President Timothy Geithner and Securities and Exchange Commission Chairman Christopher Cox will testify Thursday at a second in a series of hearings on policy implications of the transformation of domestic and international financial markets. House Financial Services Chairman Barney Frank (D-Mass.) announced in June that his panel would conduct a number of investigative sessions—starting in July and running into the Fall. The hearings will to examine the ability of the regulatory structure to assess and mitigate systemic risk, especially in light of the collapse of Bear Stearns, in order to avoid a similar or more serious crisis in the future, according to a committee release. Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke appeared at the first of this series of hearings on July 10. The committee has announced that it plans to invite other federal regulators, academics, economists and market participants to present views at subsequent hearings.


RSS print
News Now LiveWire
.@CUNA VP of Econ MIke Schenk featured in Money magazine http://t.co/SC6Shv0lDH
15 hours ago
#NewsNow: @CFPB develops tools for student loan debt relief. http://t.co/a6pOReC86F
15 hours ago
Stephanie Smith has been named as the new executive director of America's #CreditUnion Museum. (2 of 2)
16 hours ago
America's #CreditUnion Museum executive director Peggy Powell is stepping down after 15 years. (1 of 2)
16 hours ago
#NewsNow League presidents raise voices for data breach protection http://t.co/zX1UsvsQP6
18 hours ago