Washington D.C. – Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC,) will convene a hearing to examine how regulatory reform proposals designed by the Obama Administration and Congress will promote stability in our financial markets, prevent a recurrence of the recent financial crisis, and help improve the economy. The hearing entitled, “Financial Regulatory Reform: Protecting Taxpayers and the Economy,” will take place on Thursday, November 19, 2009 at 10:00 A.M. in Room 210 of the Cannon House Office Building. Treasury Secretary Timothy Geithner will testify to the role lax regulation or regulatory loopholes played in the financial crisis, and will address proposed regulatory changes that will promote job growth and economic stability.
WHAT: JEC Hearing, “Financial Regulatory Reform: Protecting Taxpayers and the Economy”
WHO: Treasury Secretary Timothy Geithner
WHEN: Thursday, November 19, 2009
WHERE: Room 210 Cannon House Office Building
The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
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