Overview

The Congressional Oversight Panel will hold a public hearing on regulatory reform of the financial sector on Wednesday, Jan. 14, 2009 in Washington, D.C.  

The Panel is in the process of preparing a special report on regulatory reform, and the hearing will provide an opportunity for the Panel members to seek information from a variety of experts on the regulation of the financial industry.  

The goal of the hearing will be to achieve a better understanding of current regulations and how the existing regulatory structure contributed to the ongoing financial and mortgage crises in order to determine what, if any, reforms are needed.

The Panel will hear testimony from experts representing a wide variety of backgrounds, areas of expertise, and political affiliations.

Witness List (in order of appearance)

Witness	Testimony
Gene L. Dodaro, Acting Comptroller General of the United States, Government Accountability Office	Read
Sarah Bloom Raskin, Commissioner of the Maryland Office of Financial Regulation	Read
Robert Shiller, Economist at Yale University	Read
Joel Seligman, President of the University of Rochester	Read
Joseph E. Stiglitz, Ph.D., Nobel Laureate and University Professor at Columbia Business School	Read
Marc Sumerlin, Managing Director and Co-Founder at the Lindsey Group	Read
Peter J. Wallison, Fellow at the American Enterprise Institute	Read

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Watch The Hearing

Statements

Panel Member	Statement
Elizabeth Warren, Chair, Congressional Oversight Panel	Statement