The Hearing: June 14, 2009 - June 20, 2009
Much Ado About the Shadow Banking System
Occasionally, a blog post will flower into a wide-ranging debate in what is usually called the "economics blogosphere." Last Friday's guest post on regulation by Mark Thoma triggered just such a debate. I'll quote the controversial passage at some length:...
By
James Kwak
|
June 19, 2009; 8:00 AM ET |
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Geithner on the Defensive
Tim Geithner, secretary of Treasury, today faces the Senate Banking Committee (in the morning) and the House Financial Services Committee (afternoon) to defend the administration’s new regulatory reform proposals. These hearings are important because they are an opportunity for all...
By
Terri Rupar
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June 18, 2009; 7:00 AM ET |
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Categories:
Banking
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What's Wrong with Text Messaging?
This morning, the antitrust subcommittee of the Senate Judiciary Committee held a hearing on text messaging prices. Why? Because last fall Sen. Herb Kohl, chair of the subcommittee, began an inquiry into the curious tendency of the four major U.S....
By
James Kwak
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June 17, 2009; 7:30 AM ET |
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A Glimpse Into Insurance Reform
It’s financial regulation week in Washington, which began with official administration messages on Monday and will culminate in an official announcement Wednesday and testimony Thursday by Tim Geithner, secretary of the Treasury, in the House and immediately prior to that...
By
Terri Rupar
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June 16, 2009; 8:15 AM ET |
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Categories:
Regulation
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Making Financial Regulation Work: What Would Have Helped
This is part of a series on The Hearing called "Making Financial Regulation Work." This guest post is from economist Arnold Kling. The financial crisis is often blamed on “an atmosphere of deregulation.” This strikes me as overly vague. What...
By
Terri Rupar
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June 15, 2009; 12:12 PM ET |
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Categories:
Banking
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Regulation
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What's Getting a Hearing This Week
The big economic policy event this week will be Treasury Secretary Timothy Geithner's dual appearances on Thursday before the Senate Banking Committee and the House Financial Services Committee. The plan is for Geithner to lay out the administration's proposal for...
By
James Kwak
|
June 15, 2009; 7:30 AM ET |
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