Videos

Representative Frank spoke to reporters about his priorities for the agenda of the Financial Services Committee and its business during a lame duck session. Following his remarks he answered…

The witnesses testified on proposed changes to the Real Estate Settlement Procedures Act. The proposed changes would reform the home mortgage closing process.

Director Mueller testified about efforts to combat terrorism, methods of stopping terrorist financing, and proposals to provide greater flexibility in ending terrorist money laundering effor…

The House Financial Services Subcommittee conducted a review of the insurance industry and its key challenges. Witnesses testified about several regulatory reform plans, state taxation, pric…

Witnesses testified about fraudulent practices by stockbrokers and investigations of fraud by Securities and Exchange officials. They focused on the case of Frank Gruttadauria, who was alleg…

House and Senate members met to consider different versions of legislation on corporate accountability and corporate crime.

Current and former company executives testified about accounting errors that resulted in a $4 billion mistake on reports of company earnings. Mr. Ebbers and Mr. Sullivan refused to answer qu…

Representatives of housing groups and government agencies testified about recently introduced legislation to expand home ownership and rental opportunities. Reps. Sanders and Lee, sponsors o…

Witnesses testified about the Corporate and Auditing Accountability Responsibility and Transparency Act designed to ensure adequate and accurate checks on corporate financial records. Among …

Witnesses testified about the decision to file for bankruptcy by the Global Crossings corporation, the state of the telecommunications industry, the impact of a weak economy on the computer …

Chairman Greenspan reported on the state of the U.S. economy.

Following a period of committee business in which members debated whether to swear in all witnesses, Mr. Pitt testified under oath about investigations into the financial collapse of Enron a…

William Powers testified about his investigation into Enron’s financial collapse and accounting problems. He said that the investigation “found systematic and pervasive attempts by managemen…

Mr. Berardino testified about Arthur Andersen and Company’s accounting practices and the Enron financial collapse. Among the issues he addressed were auditing mistakes, the degree to which h…

Witnesses testified about the collapse of Enron and the possible impact on investors and financial markets. Among the topics addressed were auditing practices, charges of financial mismanage…

Witnesses testified about the nation’s financial markets and the insurance industry’s commitment and ability to keep its promises in wake of the previous week’s terrorist attacks.

The House Financial Services Subcommittee on Housing and Community Opportunity met to hear testimony on the National Flood Insurance Program. Members listened to remarks and asked questions …

In the second in a series of hearings the subcommittee heard testimony on sources of financial analysts' conflicts. They focused on proper means of research, the professionalism of investmen…

In the first of a series of hearings financial analysts and others testified about business practices on Wall Street and the integrity of financial advice given by investment advisers. Among…