The most popular programs for the Regulation Tag http://www.c-spanvideo.org/browse?topic=4070 en-US Copyright 2013, National Cable Satellite Corporation info@c-spanarchives.org (National Cable Satellite Corporation) info@c-spanarchives.org (National Cable Satellite Corporation) Thu, 08 Jul 2010 00:00:00 GMT Sun, 19 May 2013 14:32:23 GMT Stephen Spruiell talked about the [National Review]'s opposition to the Dodd-Frank financial regulation bill (H.R. 4173, Restoring American Financial Stability Act of 2010). The publication stated its opposition to the bill in an editorial structured as a letter to Senator Scott Brown (R-MA). Mr. Spruiell also responded to telephone calls and electronic communications. C-SPAN Radio's Bobbi Jackson read news headlines at the end of the program. Mr. Spruiell participated from New York City. http://www.c-spanvideo.org/program/294414-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294414-6 Thu, 08 Jul 2010 00:00:00 GMT Gary Gensler talked about Commodity Futures Trading Commission oversight of commodity "futures," and he responded to telephone calls and electronic communications. This program was the second of a five-day "Washington Journal" series on federal financial agencies. http://www.c-spanvideo.org/program/306539-7 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306539-7 Thu, 08 Jul 2010 00:00:00 GMT In the first of two parts of a hearing on the $50 billion investment scam allegedly engineered by Bernard L. Madoff, Harry Markopolos, an independent financial fraud investigator, asserted that since 2000 he repeatedly submitted warnings to the SEC about Mr. Madoff that were ignored. Following Mr. Markopolos' testimony, prepared statements by a second panel with Securities and Exchange Commission officials focused on possible regulatory failures that allowed the Ponzi scheme to continue, and the need to rewrite the laws governing the U.S. financial markets. The second panel continued with questions from committee members on the second part of the hearing (283836-4). http://www.c-spanvideo.org/program/283836-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/283836-1 Thu, 08 Jul 2010 00:00:00 GMT Former Federal Reserve Chairman Alan Greenspan was the lead witness at the first of three days of hearings by the bipartisan Financial Crisis Inquiry Commission (FCIC). Mr. Greenspan talked about what led up to the financial crisis in the housing markets and reminded the commission of his warning in 2004 to the Senate Banking Committee about sub prime mortgage loans. He called for increased regulations on banks and said that putting too much stock into "a human regulator" was flawed. He noted that the sub prime mortgage-lending crisis began with the end of the Cold War. Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown. http://www.c-spanvideo.org/program/292886-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292886-1 Thu, 08 Jul 2010 00:00:00 GMT In the second of two parts of a hearing on the $50 billion investment scam allegedly engineered by Bernard L. Madoff, Security and Exchange Commission (SEC) officials focused on possible regulatory failures and the need to rewrite the laws governing the U.S. financial markets. Among the issues they addressed were past failures to recognize or properly evaluate warnings about the Ponzi scheme, as well as inadequate enforcement by the agency. This portion of the hearing is a continuation of the panel which made its prepared statements in the first part of the hearing (283836-1). http://www.c-spanvideo.org/program/283836-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/283836-4 Thu, 08 Jul 2010 00:00:00 GMT Treasury Secretary Geithner testified on the annual report of the Financial Stability Oversight Council (FSOC), created by the Dodd-Frank financial regulations law to monitor excessive risk taking and instability in the financial system. Secretary Geither said that the biggest threat to the U.S. economy was the European debt crisis. Many members' questions focused on Secretary Geithner's handling during his tenure as head of the New York Federal Reserve of the scandal surrounding the London Interbank Offered Rate's (LIBOR) manipulation of interest rates. http://www.c-spanvideo.org/program/307226-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/307226-1 Thu, 08 Jul 2010 00:00:00 GMT House and Senate members spoke at a conference committee to propose and vote on various amendments to financial regulations legislation. Topics included prudential regulation, predatory lending, as well as neighborhood assistance and mortgage aid for the unemployed. http://www.c-spanvideo.org/program/294209-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294209-1 Thu, 08 Jul 2010 00:00:00 GMT President Obama spoke about the need for legislation to regulate Wall Street and the financial industry. In his remarks he talked about what is included in the bill being considered by Congress. He acknowledged that members of the financial industry have been lobbying against reform but urged "join us instead of fighting us in this effort." http://www.c-spanvideo.org/program/293136-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/293136-1 Thu, 08 Jul 2010 00:00:00 GMT The secretaries of the Department of the Treasury and the Department of Housing and Urban Development testified about the regulation of government-sponsored enterprises. Problems in such enterprises as Fannie Mae and Freddie Mac were the focus of questioning, including methods of oversight. http://www.c-spanvideo.org/program/178110-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/178110-1 Thu, 08 Jul 2010 00:00:00 GMT Former Federal Reserve Chairman Alan Greenspan, Former Treasury Secretary John Snow, and SEC Chairman Chris Cox testified about the state of the economy, recent turmoil in the U.S. and global financial markets, and the role of federal regulators in the breakdown of the market on Wall Street. In response to sometimes partisan and pointed questioning Mr. Greenspan said that he may have been mistaken about the reliability of some financial instruments, such as insurance-like credit-default swaps, that were not yet common when he expressed his views about markets being able to police themselves. http://www.c-spanvideo.org/program/281958-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/281958-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about creating national standards to regulate the mortgage servicing industry, and about a recent report on greater federal oversight over mortgage servicers and the foreclosure process. http://www.c-spanvideo.org/program/299491-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299491-1 Thu, 08 Jul 2010 00:00:00 GMT Subcommittee Chairman Paul Kanjorski chaired a House Financial Services Committee hearing on the $50 billion investment scam allegedly engineered by Bernard L. Madoff that was the subject of multiple investigations. The hearing titled "Assessing the Madoff Ponzi Scheme and the Need for Regulatory Reform" focused on the need to rewrite the laws governing the U.S. financial markets. Representative Bachus noted for the record that the hearing was not official as the 110th Congress had adjourned and the 111th Congress would not convene until the next day. Representative Frank noted that the committee would not be official until later in the month. Representative Kanjorski made known his intention that the meeting would be made an official hearing retroactively. http://www.c-spanvideo.org/program/283104-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/283104-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact legislation quickly on the Bush Administration $700 billion bailout plan. They also talked about predictions that failure to act would result in recession with increased home foreclosures and unemployment. Committee members expressed reservations over government intervention in private markets, the sweeping powers to be given to the Treasury Secretary, the burden put on taxpayers, and the lack of time before Congress recesses for further consideration of the plan. http://www.c-spanvideo.org/program/281281-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/281281-1 Thu, 08 Jul 2010 00:00:00 GMT Representatives for broadcast, satellite, cable, and online companies testified on the adequacy of existing communication laws for meeting the demands of new technology. Among the issues covered in the hearing were the Cable Act of 1992's "must carry" rules, mobile TV, video content on wireless devices, and innovations such as the Dish Network's auto-hop, which allows the consumer to skip commercials. http://www.c-spanvideo.org/program/306796-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306796-1 Thu, 08 Jul 2010 00:00:00 GMT The heads of federal financial oversight agencies testified on on the implementation of the 2010 Dodd-Frank financial regulations law, focusing on derivatives. They also focused on a $2 billion trading loss by JPMorgan, and the implications of the loss for for future trading in financial markets. http://www.c-spanvideo.org/program/306404-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306404-1 Thu, 08 Jul 2010 00:00:00 GMT Obama administration officials testified about the 2008 financial crisis and the federal response to the crisis. Among the issues they addressed were lapses in financial market regulation, on-going law enforcement investigations of financial firms, and systemic oversight of financial markets. They also talked about the role of shareholders and investors in addressing systemic problems. http://www.c-spanvideo.org/program/291321-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/291321-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about the Consumer Financial Protection Bureau (CPFB), which was created by the 2010 Dodd-Frank financial regulations law. Elizabeth Warren was accused by House Republicans of improperly interfering with the government's efforts to resolve disputes over home mortgage foreclosures. In response, she said the Justice Department and other agencies had sought advice from her and her staff. http://www.c-spanvideo.org/program/299673-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299673-1 Thu, 08 Jul 2010 00:00:00 GMT Credit rating agency officials testified on the impact on credit rating agencies of oversight imposed upon them in the 2010 financial regulations law. They also answered questions about the possible downgrading of the U.S. government's credit rating if Congress and President Obama did not make progress in the current debt ceiling and budget deficit reduction debate. http://www.c-spanvideo.org/program/300737-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300737-2 Thu, 08 Jul 2010 00:00:00 GMT President Obama signed the financial regulations bill into law at a ceremony with congressional Democrats. He said the legislation would prevent future taxpayer-funded bailouts of financial firms and would protect consumers from abusive business practices. The legislation, titled the "Dodd-Frank Wall Street Reform and Consumer Protection Act," passed largely along party lines. http://www.c-spanvideo.org/program/294667-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294667-1 Thu, 08 Jul 2010 00:00:00 GMT Senator Inouye talked about the history of governmental regulation of cable and the telecommunication industry. Senators Ford and Gore also offered opening remarks. The panel was composed of members of the cable industry. Mr. Mooney talked about the change in rates for cable subscription after the industry was deregulated. The rates increased by 26% in the first 23 months after the industry was deregulated. He said that the increase was a response to rates being held artificially low due to regulations and an increase in services being offered. He said that irresponsible actions have been isolated instances and emphasized that the entire industry continues to keep its integrity. Mr. Malone talked about the international expansion of cable technology. He talked about the processes that cable used to create its programming. He cited the low rate of return on money invested as both a hindrance to further investment in the cable infrastructure and as a justification for the rates that consumers were charged. He talked about the research and development of cable stations and programs. Mr. Robbins talked about the investments of cable companies, with emphasis on Cox Cable Communications, in the infrastructure of the cable companies. He talked about the costs associated with rate increases. He spoke about customer service, while emphasizing reformed internal policies. The panelists answered questions from the Senators that included cable payments to broadcast stations, the cost of infrastructure, the return on investments. http://www.c-spanvideo.org/program/9959-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/9959-1 Thu, 08 Jul 2010 00:00:00 GMT Mr. Mooney talked about the factors that caused rate increases. He talked about operators that over charged consumers, emphasizing that they were isolated cases and not indicative of the industry. He spoke on the definitions of competition and a monopoly and the role of the definitions in regulatory agencies. Mr. Malone talked about the viability of federal regulations, specifically those that limited the number of franchises and markets a cable company can have a monopoly in. He talked about the aggressiveness of the Federal Communications Commission (FCC). He also talked about the negotiations that occurred with NBC over the creation of a 24-hour news station. Mr. Robbins talked about the use of competition as a vehicle for increasing the quality of programming. All of the panelists responded to questions from the Senators. http://www.c-spanvideo.org/program/11059-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/11059-1 Thu, 08 Jul 2010 00:00:00 GMT The hearing focused on the effects of the Cable Act of 1984. Mr. Fritts talked about the monopolies in cable. He said that the cable rates for consumers had increased 29% in the two years after deregulation and that cable is unregulated and unrestricted. He talked about his support for reregulating cable and that the legislation would be long term solution. He talked about the obstacles faced by telephone companies in providing broadcast video. Mr. Padden disagreed with the classification of cable and argued that a better classification scheme would have labeled cable as a monopoly utility carrier rather than being a competitive medium of expression or a permutation of the two. He outlined the differences between ownership of conduit and content. He rebutted the testimony of Mr. Mooney. He said that vertically integrated multiple system operators (MSOs) disadvantaged other programmers in channel position. He talked about the "must carry" programs and the responses from the cable industry of it. Mr. Dawson talked about misleading advertisements from the cable industry. He also talked about the need for a standard encrypting code for programming rather than a scrambling signal used by the cable industry. Mr. Phillips said that Congress must either regulate cable or provide reasonable competition, and that the competition did not exist in the status quo. He focused on the effect of deregulation on rural customers. Mr. Schmidt predominately rebutted Mr. Mooney, Mr. Malone, and the cable industry. He noted that a cable industry without regulation and competition will not work. He said wireless cable can be competitive, but has fought through restrictions created by the government and cable companies that have limited or eliminated its access into most markets. Mr. Foster talked about the entry of the telephone companies into video transfer as a viable option for increasing competition in the field. He talked about a policy that would lead to the development of integrated switch broadband network that would be universally available. He also said that the ban on cross ownership should be removed. Mr. Swanson talked about the cable problems that occur for consumers. He said that Congress should remove restraints on the video transfer abilities of telephone companies. He said 20% of households are unable to receive cable but would be able to receive the telephone system. He said that an integrated broadband network would eventually exist, but it is up to Congressional policy to determine the time frame. The panelists answered questions from the Senators. http://www.c-spanvideo.org/program/11061-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/11061-1 Thu, 08 Jul 2010 00:00:00 GMT Mary Schapiro and Gary Gensler testified on the derivatives market and the ongoing implementation of the Dodd-Frank 2010 financial regulations law. Much of the hearing focused on JPMorgan Chase's recent $2 billion trading loss, which Chairs Schapiro and Gensler said they heard about via media reports. Chair Schapiro said that according to preliminary investigation, JPMorgan Chases losses happened out of the U.S.; therefore, the Securities and Exchange Commission (SEC) had no oversight or knowledge. She added that if Dodd-Frank had been fully implemented, regulators could have spotted the loss. http://www.c-spanvideo.org/program/306162-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306162-1 Thu, 08 Jul 2010 00:00:00 GMT Nuclear Regulatory Commission commissioners testified before the House Oversight and Government Reform Committee about recent allegations of mismanagement directed at Commission Chair Greg Jaczko. The commissioners accused the chair of abusive management practices that undermined the agency's mission. Chair Jaczko denied those charges, saying he has no plans to resign. http://www.c-spanvideo.org/program/303179-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/303179-1 Thu, 08 Jul 2010 00:00:00 GMT Environmental Protection Agency Administrator Lisa P. Jackson testified on her agency's decision-making process and regulatory activity to comport with President Obama's regulatory review and planning principles. http://www.c-spanvideo.org/program/301704-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301704-1 Thu, 08 Jul 2010 00:00:00 GMT Representative Frank Pallone (D-NJ) talked about gas prices, President Obama's call for Congress to regulate oil market speculators, and U.S. energy policy in general. He also responded to telephone calls and electronic communications. C-SPAN Radio's Nancy Calo read news headlines at the end of the program. http://www.c-spanvideo.org/program/305522-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/305522-3 Thu, 08 Jul 2010 00:00:00 GMT House and Senate members at a conference committee to propose and vote on various amendments to financial regulations legislation. Topics included Fannie Mae and Freddie Mac. http://www.c-spanvideo.org/program/294228-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294228-1 Thu, 08 Jul 2010 00:00:00 GMT Speaker Pelosi, Senate Majority Leader Harry Reid, and House Majority Leader Steny Hoyer spoke to reporters following a bipartisan White House meeting on financial regulation reform. http://www.c-spanvideo.org/program/292990-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292990-4 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified on legislation that would require the Government Accountability Office to audit the Federal Reserve. Federal Reserve General Counsel Scott Alvarez said audits of monetary policy by the U.S. Congress could lead to higher interest rates and reduced confidence in central bank policy. Thomas Woods testified in favor of auditing, saying that the Federal Reserve needed to be more truly independent and transparent. http://www.c-spanvideo.org/program/289139-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/289139-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about alleged small business loan fraud. Small Business Administration officials were questioned about oversight activities. The chief executive officer of Business Loan Express and others testified about fraud allegations, as well as business relationships with Small Business Administration. In January, 18 employees and a former vice president of the Troy, Michigan branch of Business Loan Express (BLX) were charged with fraud for allegedly making more than $76 million in fraudulent loans to unqualified borrowers. http://www.c-spanvideo.org/program/202286-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/202286-1 Thu, 08 Jul 2010 00:00:00 GMT A panel discussion was held to commemorate the 100th anniversary of the Cherry mine disaster in which 259 men and boys died. The coal mine in Cherry, Illinois, caught fire on November 13, 1909. The disaster catalyzed the implementation of industry-wide mine safety regulations and a liability act that later became the Illinois Workmen's Compensation Act. After each author presented his perspective on the tragedy, they responded to questions from members of the audience. The panelists were: Dean Cotton and Lorena Galletti Cotton, authors of [Oneness: Angiolina, The 1909 Cherry Mine Disaster] (AuthorHouse; September 29, 2004); Karen Tintori, author of [Trapped: The 1909 Cherry Mine Disaster] (Atria; September 1, 2002); Steve Stout, author of [Black Damp: The Story of the Cherry Mining Disaster] (Utica House Publishing; 1993); and Ronald Bluemer, author of [Fire Below] (Grand Village Press; January 1, 2007). This event was held at 6:00 p.m. CT on November 7, 2009 in the atrium of the Abraham Lincoln Presidential Library. Incorrect event date shown on the screen. Bluemer misspelled on screen. http://www.c-spanvideo.org/program/289877-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/289877-1 Thu, 08 Jul 2010 00:00:00 GMT The House-Senate conference committee on the financial regulations bill wrapped up its work early today following a marathon 20-hour session. The measure passed out of conference on a party line vote, with 27 Democrats voting for it, and 16 Republicans voting against. The legislation was next to go back to both chambers for final consideration. Topics in this portion included the Volcker rule and derivatives. Following the final vote, Senator Dodd and Congressman Frank spoke to reporters. http://www.c-spanvideo.org/program/294228-108 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294228-108 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified on investigations into the use of faulty foreclosure documents and potential regulation of mortgage practices. They also talked about processing mortgage foreclosures, corporate culture in financial markets, and the likely impact of poor accounting practices at banks. http://www.c-spanvideo.org/program/296246-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/296246-2 Thu, 08 Jul 2010 00:00:00 GMT Representative Hensarling spoke about the Obama administration's plans to consolidate various regulatory agencies and create a new consumer protection agency to better monitor and enforce banking and financial regulations. He responded to telephone calls and electronic correspondence. http://www.c-spanvideo.org/program/287109-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/287109-5 Thu, 08 Jul 2010 00:00:00 GMT Michael Hirsh talked about his new book, [Capital Offense: How Washington's Wise Men Turned America's Future Over To Wall Street], and he responded to telephone calls and electronic communications. Other topics included the Obama administration's handling of the financial crisis, and the fiscal and regulatory environment in the decades leading up to the crisis. http://www.c-spanvideo.org/program/295967-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/295967-4 Thu, 08 Jul 2010 00:00:00 GMT House and Senate members made opening statements at a conference committee to propose and vote on various amendments to financial regulations legislation. http://www.c-spanvideo.org/program/293998-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/293998-1 Thu, 08 Jul 2010 00:00:00 GMT Federal regulators testified on JPMorgan Chase's $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the topics addressed were risk management practices, enforcement of financial service regulations, and the current state of financial markets. http://www.c-spanvideo.org/program/306502-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306502-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified on the impact on credit rating agencies of oversight imposed upon them in the 2010 financial regulations law. They also talked about standards used by credit ratings agencies, rule-making procedures, and the importance of credit rating with a looming debt crisis. http://www.c-spanvideo.org/program/300737-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300737-1 Thu, 08 Jul 2010 00:00:00 GMT Harry Markopolos talked about his book [No One Would Listen], about his efforts to inform officials at the SEC and members of the media about the Ponzi scheme that Bernard Madoff was running - a full ten years before it became widely known. He discussed his book with Nicole Gelinas, [City Journal] contributing editor and author of [After the Fall: Saving Capitalism from Wall Street - and Washington]. http://www.c-spanvideo.org/program/292982-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292982-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about a Nuclear Regulatory Commission report that found the commission's chair, Gregory Jaczko, had withheld information from other commissioners in order to stop work on the Yucca Mountain nuclear waste repository. The report was also critical of Mr. Jaczko's management style, but in the end did not accuse the chairman of violating any laws. http://www.c-spanvideo.org/program/300027-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300027-1 Thu, 08 Jul 2010 00:00:00 GMT The House Financial Services Committee heard testimony on a bill to eliminate systemic risk and provide for prudential banking overhaul. The proposed legislation would give federal officials power to regulate, seize and dismantle large financial firms whose failure would pose a risk to the economy. Treasury Secretary Geithner in his testimony defended a proposal to create a new financial consumer protection agency to oversee the program. http://www.c-spanvideo.org/program/289701-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/289701-1 Thu, 08 Jul 2010 00:00:00 GMT Jennifer Dlouhy talked about the role of the Interior Department's Minerals Management Service in the Gulf of Mexico oil spill, both in regulating offshore drilling and whether regulations and recommendations were overlooked. She also responded to telephone calls and electronic communications. Current political cartoons were shown at the end of the program. http://www.c-spanvideo.org/program/293536-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/293536-3 Thu, 08 Jul 2010 00:00:00 GMT Former Federal Reserve Chairman Alan Greenspan was the lead witness at the first of three days of hearings by the bipartisan Financial Crisis Inquiry Commission (FCIC). Mr. Greenspan talked about what led up to the financial crisis in the housing markets and reminded the commission of his warning in 2004 to the Senate Banking Committee about sub prime mortgage loans. He called for increased regulations on banks and said that putting too much stock into "a human regulator" was flawed. He noted that the sub prime mortgage-lending crisis began with the end of the Cold War. Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown. Due to a power outage approximately ten minutes before the end of Mr. Greenspan's testimony, the hearing was briefly interrupted, and the subsequent lack of lighting caused the remainder of the video to be darker than during the rest of the program. http://www.c-spanvideo.org/program/292886-101 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292886-101 Thu, 08 Jul 2010 00:00:00 GMT Regulators and others testified in an oversight hearing of Fannie Mae and Freddie Mac government-sponsored mortgage enterprises. Problems in such enterprises and the improvement of oversight were the focus of questioning. http://www.c-spanvideo.org/program/178357-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/178357-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified about management and oversight of economic stimulus funds, particularly how recipients accounted for use of the funds, maintaining transparent accounting practices, the pace of federal spending, and projects and programs that had received funding. http://www.c-spanvideo.org/program/290100-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/290100-1 Thu, 08 Jul 2010 00:00:00 GMT Witnesses testified on the ongoing implementation of the Dodd-Frank financial regulations law. U.S. futures regulator Gary Gensler acknowledged that the regulatory system failed to protect customers of Peregrine Financial Group, which collapsed last week, with its founder admitting to $100 million in fraud. The case followed another bankruptcy at MF Global. A second panel of financial industry representatives talked about the impact of the regulations on their companies. http://www.c-spanvideo.org/program/307102-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/307102-1 Thu, 08 Jul 2010 00:00:00 GMT The Senate Banking Committee met to mark the one-year anniversary of President Obama signing the Dodd-Frank Financial Regulations Act in to law, and to look at the impact of that measure. Witnesses included Representative Barney Frank, Federal Reserve Chair Ben Bernanke, and the heads of several top financial regulatory agencies. http://www.c-spanvideo.org/program/300630-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300630-1 Thu, 08 Jul 2010 00:00:00 GMT Bank executives testified about second liens and other barriers to principal reduction as an effective foreclosure mitigation program. Among the issues addressed were the effectiveness of government programs designed to assist homeowners, federal regulation of banking practices, and past attempts to assist both banks and consumers. http://www.c-spanvideo.org/program/292978-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292978-1 Thu, 08 Jul 2010 00:00:00 GMT Robert Gibbs briefed reporters and answered question on a number of topics, including include the President's meeting later in the day with French President Sarkozy, financial regulations, and the President Obama's recent trip to Afghanistan. http://www.c-spanvideo.org/program/292787-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292787-3 Thu, 08 Jul 2010 00:00:00 GMT Kurt Eichenwald continued to talk about his book [The Informant: A True Story], published by Broadway Books. The book is about a six-year FBI investigation of an international price-fixing conspiracy by Archer Daniels Midland that focuses on the key informant, Mark Whitacre. Mr. Eichenwald talked about the complications to this mid-1990s scandal when the government discovered that its source, a senior executive at the firm, was involved in his own illegal activity. This is the second part in a two-part program. http://www.c-spanvideo.org/program/160555-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/160555-2 Thu, 08 Jul 2010 00:00:00 GMT