June 03, 2008

THURSDAY: DODD TO QUESTION BANK REGULATORS ON STATE OF BANKING INDUSTRY

WASHINGTON, DC – Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, this week will hold a second hearing on the state of the banking industry where he will question regulators on their role in the current economic downturn the United States is experiencing and potential solutions to stabilize the industry and the economy.  At the first hearing on this subject earlier this year, Dodd emphasized the important responsibility that regulators have to ensure that banks operate safely and soundly, and that they serve American taxpayers who back-stop the fund that insures bank deposits.
WHO:    Chairman Chris Dodd
                              Members of the Senate Banking Committee
   
The Honorable Sheila Bair
   Chairman, Federal Deposit Insurance Corporation
    The Honorable John Dugan
   Comptroller of the Currency, United States Treasury
    The Honorable John Reich
   Director, Office of Thrift Supervision
    The Honorable JoAnn Johnson
   Chairman, National Credit Union Administration
    The Honorable Donald Kohn
   Vice Chairman, Board of Governors, Federal Reserve System
 WHERE:       SENATE BANKING COMMITTEE HEARING ROOM
            538 DIRKSEN SENATE OFFICE BUILDING
 WHEN:          10:00 A.M. THURSDAY, JUNE 5TH   
  
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