Congressional Oversight Panel; Printed from http://cop.senate.gov.

COP Hearing on the TARP's Impact on Financial Stability

On Friday, March 4 at 10:00 a.m., the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) convened in 538 Dirksen Senate Office Building to hold its final hearing. The Panel heard expert testimony from the agencies who helped to coordinate the government's unprecedented response to the 2008 financial crisis, as well as from several of the nation's leading economists, who offered their assessments of the TARP's impact on financial stability and the U.S. economy. Archived video is available below.



Testimony
Witness Testimony

Timothy Massad
Acting Assistant Secretary for Office of Financial Stability, U.S. Department of Treasury

 Testimony
Written Responses

Jason Cave
Deputy Director for Complex Financial Institutions Monitoring, Federal Deposit Insurance Corporation

 Testimony

Patrick Lawler
Chief Economist and Head of the Office of Policy Analysis and Research, Federal Housing Finance Agency

 Testimony

William R. Nelson
Deputy Director, Division of Monetary Affairs, Federal Reserve System

 Testimony

Joseph E. Stiglitz
Nobel Laureate and University Professor, Columbia Business School, Graduate School of Arts and Sciences (Department of Economics) and the School of International and Public Affairs

 Testimony

Allan H. Meltzer
Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University

 Testimony

Simon Johnson
Ronald A. Kurtz (1954) Professor of Entrepreneurship, MIT Sloan School of Management, and Senior Fellow, Peterson Institute for International Economics

 Testimony

Luigi Zingales
Robert C. McCormack Professor of Entrepreneurship and Finance and the David G. Booth Faculty Fellow, University of Chicago Booth School of Business

 Testimony

Opening Statements
Panel Member Statement
Ted Kaufman
Chairman, Congressional Oversight Panel		 Statement
Damon Silvers Statement
Richard Neiman Statement
J. Mark McWatters Statement
Kenneth Troske Statement

March 4, 2011
Washington, D.C.

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