Wednesday, May 6, 2009

Dodd examines 'too big to fail' institutions

U.S. Sen Chris Dodd, chairman of the Senate Committee on Banking, Housing and Urban Affairs, will convene a hearing today titled “Regulating and Resolving Institutions Considered ‘Too Big to Fail’.” This hearing is part of a series of hearings, briefings and meetings that Dodd is convening as the Banking Committee works to modernize our financial regulatory system.

At Wednesday’s hearing, Dodd will hear testimony about lessons learned from the current crisis and recommendations for the regulation, supervision, and resolution of institutions considered essential to the financial system and often deemed “too big to fail.”

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1 Comments:

Anonymous Anonymous said...

Having Dodd and the other foxes modernize their system doesn't make much sense. Dodd has been in the system too long. It is time for him to go!!
A two year term limit on all politicians should be the rule.

May 8, 2009 at 5:07 PM 

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