Thursday, October 23, 2008

Past Chairman Testifies before House Committee

Former Federal Reserve Chairman, Alan Greenspan, will testify today as a witness panelist before the House Committee on Oversight and Government Regulation in a hearing investigating the "Role of Federal Regulators in the Financial Crisis."

This hearing is part of a five-part series scheduled by Committee Chairman Henry Waxman (D-CA) in light of the current economic crisis. It is highly unusual for committees to hold hearings this late in the year because of the hectic election season.

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