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JOHNSON ANNOUNCES THAT REP. FRANK WILL TESTIFY ON THE FIRST ANNIVERSARY OF THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT

July 19, 2011

WASHINGTON – Today, Senate Banking Committee Chairman Tim Johnson (D-SD) announced that Representative Barney Frank (D-MA) has accepted his invitation to testify at a Banking Committee hearing marking the first anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act being signed into law.  Thursday’s hearing will examine the progress in setting up the new framework to better protect consumers and oversee Wall Street.
 
“Barney is an author of the Dodd-Frank law and someone who understands the necessity of Wall Street reforms and consumer protections, and it will be valuable to get the insights of one of the named architects of the bill,” said Chairman Johnson.
 
“I am pleased to have the chance to meet with my Senate colleagues and to continue the cooperation which marked our joint efforts to enact financial reform,” said Congressman Frank.
 
FULL COMMITTEE HEARING: “Enhanced Oversight After the Financial Crisis: The Wall Street Reform Act at One Year”
 
WITNESS:    
 
Panel I            The Honorable Barney Frank (D-MA)
                        Ranking Member, House Financial Services Committee
 
Panel II          The Honorable Neal S. Wolin
            Deputy Secretary, U.S. Department of the Treasury
           
            The Honorable Ben Bernanke
            Chairman, Board of Governors of the Federal Reserve System
 
            The Honorable Mary Schapiro
            Chairman, U.S. Securities and Exchange Commission
 
            The Honorable Gary Gensler
            Chairman, Commodity Futures Trading Commission
 
            The Honorable Martin J. Gruenberg
            Acting Chairman, Federal Deposit Insurance Corporation
           
            Mr. John Walsh
            Acting Comptroller of the Currency, Office of the Comptroller of the Currency
 
DATE:           Thursday, July 21, 2011
 
TIME:            10:00 A.M.
 
LOCATION: Room SD-538, Dirksen Senate Office Building
 
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