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Season 2011 Episode 20110304

TARP's Impact on Financial Stability

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Aired Unknown Mar 04, 2011 on C-SPAN
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TARP's Impact on Financial Stability
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'¢ The Panel will hear expert testimony from the agencies who helped to coordinate the government's unprecedented response to the 2008 financial crisis, as well as from several of the nation's leading economists, who will offer their assessments of the TARP's impact on financial stability and the U.S. economy. '¢ This is the Panel'?s final hearing. '¢ By statute, the Congressional Oversight Panel will dissolve on April 3, 2011. '¢ The Panel will issue a final report on the TARP in mid-March. WHO: Members of the TARP Congressional Oversight Panel '¢ Senator Ted Kaufman (D-DE), Chairman '¢ J. Mark McWatters, Attorney and Certified Public Accountant '¢ Richard H. Neiman, Superintendent of Banks for the State of New York '¢ Damon Silvers, Policy Director and Special Counsel for the AFL-CIO '¢ Kenneth Troske, Professor of Economics at the University of Kentucky. Witnesses Panel One: Will update TARP impact from Treasury perspective '¢ Timothy Massad, Acting Assistant Secretary for Office of Financial Stability, U.S. Department of Treasury Panel Two: Will explain Regulators involvement in TARP to this point and going forward '¢ Jason Cave, Deputy Director for Complex Financial Institutions Monitoring, Federal Deposit Insurance Corporation '¢ Patrick Lawler, Chief Economist and Head of the Office of Policy Analysis and Research, Federal Housing Finance Agency '¢ William R. Nelson, Deputy Director, Division of Monetary Affairs, Federal Reserve System Panel Three: Financial Crisis experts who will weigh in on TARP'?s success or failure '¢ Joseph E. Stiglitz, Nobel Laureate and University Professor, Columbia Business School, Graduate School of Arts and Sciences (Department of Economics) and the School of International and Public Affairs '¢ Allan H. Meltzer, Allan H. Meltzer Universitymoreless
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