Wednesday: Hank and Ben's Roadshow Rolls On
The Senate Banking committee got its whacks in today at Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke and their $700 billion Wall Street bailout plan.
Now, the rest of the Hill gets its two cents as both houses work toward something they can pass and President Bush can sign. Congress is scheduled to adjourn on Friday but, based on what Banking committee members said today, back-home districts may have to wait a while longer to see their representatives: We're going to work this out as along as it takes, was the message at today's hearing.
To that end, Paulson and Bernanke continue their road show tomorrow:
* Sen. Chuck Schumer (D-N.Y.) gets another shot at camera time when his Joint Economic committee discusses "The Economic Outlook," featuring Bernanke. 10 a.m., Dirksen 106.
* Rep. Barney Frank's (D-Mass.) House Financial Services committee discusses "The future of financial services: exploring solutions for the market crisis." Paulson and Bernanke are scheduled to appear. Noon, Rayburn 2128.
Here is Frank's first draft of his response to the Paulson/Bernanke plan.
September 23, 2008; 6:43 PM ET
Categories: The Ticker
Save & Share: Previous: How will the government's bailout plan affect home buyers and sellers?
Next: Morning Briefing: World Markets Mixed on Buffett/Goldman Deal
Posted by: LH | September 23, 1908 7:54 PM | Report abuse
Posted by: People of the USA | September 23, 1908 9:57 PM | Report abuse
Posted by: mce | September 23, 1908 10:29 PM | Report abuse
Posted by: email@example.com | September 25, 1908 10:15 AM | Report abuse
The comments to this entry are closed.