congress watch

(to be renamed when i think of something)

Congressional Hearings for week of Dec 8, 2008

December 8th, 2008 by selise

Monday, December 08, 2008

10 am – House Small Business
Field hearing on “Examining the Effect of Industrial Contamination on Small Businesses and Their Surrounding Communities, as well as Potential Solutions.” Field Hearing Location: Skyland Fire Department, 9 Miller Road. Arden, NC

1 pm – House Agriculture
Hearing to review the role of credit derivatives in the U.S. economy.

Panel 1:

  • Terrence A. Duffy, Executive Chairman, CME Group, Chicago, IL
  • Johnathan H. Short, Vice President and General Counsel, Intercontinental Exchange, Inc., Atlanta, GA
  • John O’Neill, Senior Analyst, Fixed Income Derivatives, LIFFE, NYSE/Euronext, London, UK
  • Thomas Book, Member of the Executive Board, Eurex Clearing AG, Frankfurt, Germany

Panel 2:

  • John Damgard, President, Futures Industry Association, Washington, D.C.
  • Robert Pickel, Chief Executive Officer, International Swaps and Derivatives Association, Washington, D.C.
  • Don Thompson, Managing Director and Associate General Counsel, J.P.Morgan on behalf of J.P.Morgan and the Securities Industry and Financial Markets Association, New York, NY
  • E. Gerald Corrigan, Managing Director, Goldman Sachs & Co., New York, NY
  • Bryan Murtagh, Managing Director, Fixed Income Transaction Risk Management, UBS Securities LLC, Stamford, CT

1 pm – Senate Agriculture, Nutrition, and Forestry
Hearings to examine USDA food assistance and child nutrition programs in the economic downturn, focusing on promoting health and fighting hunger.

Tuesday, December 09, 2008

10 am – House Oversight and Government Reform
Hearing on the Collapse of Fannie Mae and Freddie Mac


  • Leland Brendsel, former CEO, Freddie Mac
  • Daniel Mudd, former CEO, Fannie Mae
  • Franklin Raines, former CEO, Fannie Mae
  • Richard Syron, former CEO, Freddie Mac
  • Edward Pinto, Real Estate Financial Services Consultant, Chief Credit Officer, Fannie Mae, 1987-1989
  • Arnold Kling, Federal Reserve Board of Governors, 1980-1986, Senior Economist at Freddie Mac, 1986-1994
  • Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University Business School
  • Thomas H. Stanton, Fellow of the Center for the Study of American Government, Johns Hopkins University

Wednesday, December 10, 2008

9:30 am – Senate Energy and Natural Resources
Full Committee Hearing: to receive testimony regarding investments in clean energy and natural resources projects and programs to create green jobs and to stimulate the economy.

10 am – House Financial Services
Oversight Concerns Regarding Treasury Department Conduct of the Troubled Assets Relief Program This hearing comes following a report by the Government Accountability Office on the Treasury Department’s implementation of TARP. [see the 12/4/2008 GAO report, TROUBLED ASSET RELIEF PROGRAM Status of Efforts to Address Defaults and Foreclosures on Home Mortgage" and the 12/10/2008 GAO report, "TROUBLED ASSET RELIEF PROGRAM Additional Actions Needed to Better Ensure Integrity, Accountability, and Transparency" - selise]

Panel 1:

  • Gene Dodaro, Acting Comptroller General of the United States, U.S. Government Accountability Office
  • Neel Kashkari, Interim Assistant Secretary for Financial Stability and Assistant Secretary for International Affairs, U.S. Department of the Treasury

Panel 2:

  • Jeb Hensarling (TX-05), Congressional Oversight Panel under the Emergency Economic Stabilization Act
  • Elizabeth Warren, Leo Gottlieb Professor of Law, Harvard University, and Chair, Congressional Oversight Panel under the Emergency Economic Stabilization Act [see COP report, "Questions About the $700 Billion Emergency Economic Stabilization Funds" - selise]

10 am – Senate Health, Education, Labor, and Pensions
Hearing on Prevention and Public Health: The Key to Transforming our Sickcare System

Thursday, December 11, 2008

10:00 am – Senate Homeland Security and Governmental Affairs
Hearings to examine a report from the Commission on the Prevention of Weapons of Mass Destruction, Proliferation, and Terrorism.

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