Systemic Risk:  Examining Regulators' Ability to React to Threats in the Financial System

Tuesday, October 2, 2007, 10:00 a.m., 2128 Rayburn House Office Building
Full Committee

 Financial Services Committee to Hold Hearing on Systemic Risk

Committee Will Examine Regulators' Ability to React to Threats in the Financial System

Washington, DC – Rep. Barney Frank (D-MA), Chairman of the House Committee on Financial Services, today announced that the committee will hold a hearing entitled, “Systemic Risk:  Examining Regulators' Ability to React to Threats in the Financial System.”  Following up on the Committee’s July hearing with the President’s Working Group on the Financial Markets that looked at lessons from recent market events, this hearing will explore the ability of the current financial regulatory structure to anticipate and manage threats to the financial system.