Credit Rating Agencies
Assistant Treasury Secretary Michael Barr in his remarks said that government should not be involved in regulating credit rating agencies. Credit rating agencies representatives and academics offered opinions on what should be done with credit rating agencies.
Witnesses testified on the role of credit rating agencies in the financial crisis, and what changes might be made to their oversight. Credit… read more
Witnesses testified on the role of credit rating agencies in the financial crisis, and what changes might be made to their oversight. Credit rating agencies have come under criticism because of the high marks they gave to mortgage products containing high percentages of sub-prime loans.
Assistant Treasury Secretary Michael Barr in his remarks said that government should not be involved in regulating credit rating agencies. Credit rating agencies representatives and academics offered opinions on what should be done with credit rating agencies. close
People in this video
-
Michael S. Barr Assistant Secretary Department of the Treasury->Office of Financial Institutions Policy
Hosting Organization
Related Video
-
Treasury Nomination Hearing
A hearing was held on the confirmation of of Herbert M. Allison Jr. to be assistant secretary of the Treasury for financ…
-
Democratic Committe Members on Financial Reform Legislation
Senate Banking Committee Chairman Chris Dodd (D-CT) and Democratic members of the Banking Committee held a press confere…
-
Financial Regulation Legislation Markup, Part 1
Members debated various provisions and amendments to financial regulation legislation.
-
High-Risk Activities by Banks
Witnesses testified on President Obama’s proposal to impose restrictions on the size and scope of financial firms to rei…