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TUESDAY: BERNANKE TO DELIVER MONETARY POLICY REPORT TO THE SENATE BANKING COMMITTEE

July 9, 2008

WASHINGTON, DC – Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, today announced that Federal Reserve Board Chairman Ben Bernanke will appear before the Committee next week to deliver the Semiannual Monetary Policy Report to the Congress.  The Committee’s procedures for media review of the monetary policy report and testimony are also detailed below.
HEARING DETAILS:
 WHO: Chairman Chris Dodd
Members of the Senate Banking Committee
Chairman Ben Bernanke
 WHAT: Semiannual Monetary Policy Report to the Congress
 WHEN: Tuesday, July 15th  
               10 a.m.
WHERE: Russell Senate Office Building, Room 325
 
LOCK-UP PROCEDURES:
Prior to the hearing, members of the media with Congressional credentials will be permitted to review the monetary policy report and Chairman Bernanke’s testimony.  Members of the media planning to attend the lock-up and/or hearing must register with the Senate press galleries. 
Senate Print Gallery: 202-224-0241
Senate Radio/TV Gallery: 202-224-6421
Senate Periodicals Gallery: 202-224-0265
****All material is strictly embargoed until 10:00 a.m. on July 15th ****
Lock-up Location: Senate Banking Committee Hearing Room
         538 Dirksen Senate Office Building
Set Up: Computers may be placed in the room between 7:30 a.m. and 8:15 a.m. on July 15th.  The room will be cleared at 8:15 a.m.  The report and testimony will be distributed in the room at that time.  At 8:30 a.m., members of the media will be readmitted.  No one leaves the room until 9:45 a.m.
Filing: Telephone lines may be installed in the committee room to facilitate filing after the embargo ends.  Members of the media should contact Verizon (1-800-826-2355) directly for phone-line installation.  All phone installation must be completed by 6:00 p.m. on July 14th.  When placing the installation order, the following address should be used:
 
538 Dirksen Senate Office Building
100 Constitution Avenue, N.E.
Washington, D. C.  20510
The Banking Committee and the Senate bear no responsibility for the installation of phone lines or the provision of phone-line extension cords.                           
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