Federal Reserve and Government Agency Links
There are no hearings or other events currently scheduled.
The Senate Subcommittee on Security, International Trade, and Finance holds hearing titled "Equipping Financial Regulators with the Tools Necessary To Monitor Systemic Risk."
- Testimony from Daniel K. Turollo, governor, Board of Governors of the Federal Reserve System
- Testimony from Allan I. Mendelowitz, founding member, Committee to Establish the National Institute of Finance
- Testimony from John C. Liechty, associate professor of marketing and statistics, Smeal College of Business at Pennsylvania State University
- Testimony from Robert Engle, professor, Stern School of Business at New York University
- Testimony from Stephen C. Horne, vice president of Master Data Management and Integration Services, Dow Jones Business & Relationship Intelligence
The Senate Committee on Banking, Housing & Urban Affairs holds a hearing titled "Implications of the 'Volcker Rules' for Financial Stability."
- Testimony from Gerald Corrigan, managing director, Goldman Sachs
- Testimony from Simon Johnson, Ronald A. Kurtz Professor of Entrepreneurship, Sloan School of Management, Massachusetts Institute of Technology
- Testimony from John Reed, former CEO, Citigroup
- Testimony from Hal Scott, Nomura Professor of International Financial Systems, Harvard Law School
- Testimony from Barry Zubrow, executive vice president and chief risk officer, JPMorgan Chase
The Senate Committee on Commerce, Science and Transportation holds a hearing titled "Financial Services and Products: The Role of the Federal Trade Commission in Protecting Consumers."
- Statement from Sen. Jay Rockefeller IV, chairman, Senate Committee on Commerce, Science and Transportation
- Testimony from Jon Leibowitz, chairman, Federal Trade Commission
The Senate Committee on Banking, Housing & Urban Affairs holds a hearing titled "Prohibiting Certain High-Risk Investment Activities by Banks and Bank Holding Companies."
- Statement from Sen. Tim Johnson (D-S.D.)
- Testimony from Paul Volcker, chairman of the President's Economic Recovery Advisory Board, and former chairman, Federal Reserve Board of Governors
- Testimony from Neal Wolin, deputy secretary, U.S. Department of the Treasury
President Barack Obama announces a financial reform proposal that would place restrictions on the size and scope of banks and other financial institutions. The proposal would, among other things, prevent firms that own banks from sponsoring, owning or investing in hedge funds, private equity firms or engaging in proprietary trading operations for their own profit and that are unrelated to serving their customers and place broader limits on the market share of liabilities at the largest financial firms.