Thursday
Mar262009
Did the Treasury consult with the SEC on resolution regime?
Staff
By Kayleigh Harvey - Talk Radio News Service
The Senate Banking, Housing and Urban Affairs Committee met for the second time to discuss “Enhancing Investor Protection and the Regulation of Securities Markets.”
At the hearing Senator Dodd asked the Chairman of U.S. Securities and Exchange Commission, Mary Schapiro, “Were you consulted by the Treasury and the Fed, what role do you think the SEC should play in this resolution mechanism, given the oversight and regulatory responsibilities?” Senator Dodd also asked Ms. Schapiro to “comment on the reports of the regulatory changes that Secretary Geithner has mentioned this morning.”
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The Senate Banking, Housing and Urban Affairs Committee met for the second time to discuss “Enhancing Investor Protection and the Regulation of Securities Markets.”
At the hearing Senator Dodd asked the Chairman of U.S. Securities and Exchange Commission, Mary Schapiro, “Were you consulted by the Treasury and the Fed, what role do you think the SEC should play in this resolution mechanism, given the oversight and regulatory responsibilities?” Senator Dodd also asked Ms. Schapiro to “comment on the reports of the regulatory changes that Secretary Geithner has mentioned this morning.”
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Clinton Does Not Consider Cheney A Reliable Source
Secretary of State Hillary Clinton was asked by Congressman Dana Rohrabacher (R-Calif.) whether they she would be in favor of releasing documents that Dick Cheney has requested be released with regards to the investigation into tactics used during the Bush administration at a House Foreign Affiars Committee hearing today. Clinton responded, “It won’t surprise you that I don’t consider him a particularly reliable source of information.”
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