WASHINGTON, D.C. - On Thursday, October 22, the Congressional Oversight Panel will hold a hearing with Herbert M. Allison, Jr., the Assistant Secretary of the Treasury for Financial Stability, to conduct oversight of the Troubled Asset Relief Program.

WHAT: Congressional Oversight Panel Hearing with Herbert M. Allison, Jr., Assistant Secretary of the Treasury for Financial Stability

WHO: Members of the TARP Congressional Oversight Panel

WHEN: Thursday, October 22, 2009, 10:00 a.m.

WHERE: Dirksen Senate Office Building, Room 562

The hearing is open to press and public and will be webcast on our website at www.cop.senate.gov.

The Congressional Oversight Panel was created to oversee the expenditure of the Troubled Asset Relief Program (TARP) funds authorized by Congress in the Emergency Economic Stabilization Act of 2008 (EESA) and to provide recommendations on regulatory reform. The Panel members are: former Securities and Exchange Commissioner Paul S. Atkins, Congressman Jeb Hensarling (R-TX), Richard H. Neiman, Superintendent of Banks for the State of New York, Damon Silvers, Associate General Counsel of the AFL-CIO and Elizabeth Warren, Leo Gottlieb Professor of Law at Harvard Law School.