Full Committee Hearing

Establishing a Framework for Systemic Risk Regulation

Date:   Thursday, July 23, 2009 Time:   09:30 AM

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The witnesses on Panel I will be: The Honorable Sheila Bair, Chairman, Federal Deposit Insurance Corporation; The Honorable Mary Schapiro, Chairman, U.S. Securities and Exchange Commission; and The Honorable Daniel Tarullo, Member, Board of Governors of the Federal Reserve System. The witnesses on Panel II will be: Ms. Alice Rivlin, Senior Fellow, Economic Studies, Brookings Institution; Mr. Allan Meltzer, The Allan Meltzer University Professor of Political Economy, Tepper School of Business, Carnegie Mellon University; Mr. Vincent Reinhart, Resident Scholar, American Enterprise Institute; and Mr. Paul Schott Stevens, President and CEO, Investment Company Institute.


Majority Statements

  1. Senator Tim Johnson
  2. Senator Jack Reed

Minority Statements

  1. Senator Richard C. Shelby

Witness Panel 1

  1. Honorable Sheila Bair
    Federal Deposit Insurance Corporation
  2. Honorable Mary Schapiro
    U.S. Securities and Exchange Commission
  3. The Honorable Daniel K. Tarullo
    Board of Governors of the Federal Reserve System

Witness Panel 2

  1. Dr. Allan H. Meltzer
    Professor of Political Economy, Tepper School of Business
    Carnegie Mellon University
  2. Mr. Vincent Reinhart
    Resident Scholar
    American Enterprise Institute
  3. Ms. Alice Rivlin
    Senior Fellow, Economic Studies
    Brookings Institution
  4. Mr. Paul Schott Stevens
    President and CEO
    Investment Company Institute