Full Committee Hearing

Creating a Consumer Financial Protection Agency: A Cornerstone of America’s New Economic Foundation

Date:   Tuesday, July 14, 2009 Time:   09:00 AM

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Topic

The witness on Panel I will be: The Honorable Michael S. Barr, Assistant Secretary for Financial Institutions, U.S. Department of the Treasury. The witnesses on Panel II will be: The Honorable Richard Blumenthal, Attorney General, State of Connecticut; Mr. Edward Yingling, President & CEO, American Bankers Association; Mr. Travis Plunkett, Legislative Director, Consumer Federation of America; and Mr. Sendhil Mullainathan, Professor of Economics, Harvard University; Mr. Peter J. Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute; and Mr. Sendhil Mullainathan, Professor of Economics, Harvard University.

Witnesses

Majority Statements

  1. Senator Christopher J. Dodd
  2. Senator Tim Johnson

Witness Panel 1

  1. Honorable Michael S. Barr
    Assistant Secretary for Financial Institutions
    U.S. Department of the Treasury

Witness Panel 2

  1. Edward L. Yingling
    President and CEO
    American Bankers Association
  2. Honorable Richard Blumenthal
    Attorney General
    State of Connecticut
  3. Mr. Sendhil Mullainathan
    Professor of Economics
    Harvard University
  4. Mr. Travis B. Plunkett
    Senior Director, Family Economic Stability
    The Pew Charitable Trusts
  5. Honorable Peter Wallison
    Arthur F. Burns Fellow in Financial Policy Studies
    American Enterprise Institute