Full Committee Hearing
Is Simpler Better? Limiting Federal Support for Financial Institutions
COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER PROTECTION will meet in OPEN SESSION to conduct a hearing entitled “Is Simpler Better? Limiting Federal Support for Financial Institutions.” The witnesses on Panel I will be: The Honorable Paul A. Volcker, former Chairman, Board of Governors of the Federal Reserve System; and The Honorable Thomas M. Hoenig, Member of the Federal Deposit Insurance Corporation. The witnesses on Panel II will be: Mr. Tom Frost, Chairman Emeritus, Frost National Bank, San Antonio, Texas; and Mr. Wallace C. Turbeville, Senior Fellow, Demos. Additional witnesses may be added at a later date.
Witness Panel 1
Chair of the President's Economic Recovery Advisory BoardFormer Chairman, Board of Governors of the Federal Reserve System
Witness Panel 2
to be Vice Chairperson and a Member of the Board of DirectorsFederal Deposit Insurance Corporation
Member-DesignateBoard of Governors of the Federal Reserve System
Witness Panel 3
Partner and DirectorTreasury Strategies, Inc.
Chairman EmeritusFrost National Bank
Chief EconomistBetter Markets
Executive Vice President and Associate General CounselNorthern Trust Corporation