Speaker Pelosi has called on all relevant committee to schedule hearings in the coming weeks on the key provisions of a fiscally responsible recovery package so that Congress can move rapidly to get our economy moving again and to provide assistance to hard hit middle- and low income American families.
Monday, October 20: The Budget Committee, under Chairman Spratt, will hold a hearing on Economic Recovery: Options and Challenges, with Federal Reserve Chairman Ben Bernanke
Friday, October 24: The Education and Labor Committee, under Chairman Miller, will hold a hearing entitled “Building an Economic Recovery Package: Creating and Preserving Jobs in America.”
Wednesday, October 29: The Ways and Means Committee, under Chairman Rangel, will hold a hearing on economic security and components of an economic recovery package.
Wednesday, October 29: The Transportation and Infrastructure Committee, under Chairman Oberstar, will hold a hearing on infrastructure investment and the economic recovery.
Thursday, October 30: The Joint Economic Committee, under Vice Chair Maloney, will hold a hearing on faltering economic growth and the need for economic stimulus.
In the next month, additional committees including the Appropriations Committee are planning on holding hearings.
Upcoming Hearings on Financial Meltdown
Tuesday, October 21: The Financial Services Committee, under Chairman Frank, will hold a hearing on the need for broad regulatory restructuring and reform for the financial markets, including financial institution oversight and regulation, systemic risk, and housing finance.
Wednesday, October 22: The Oversight and Government Reform Committee will hold a hearing regarding the role of the credit rating agencies in the financial excesses on Wall Street. CEOs of the nation's three largest credit rating agencies have been invited to testify.
Wednesday, October 22: The Education and Labor Committee will hold a field hearing in San Francisco on “The Impact of the Financial Crisis on Workers' Retirement Security.”
Wednesday, October 22: The Judiciary Committee will hold a briefing on home foreclosures and bankruptcy in Boston.
Thursday, October 23: The Oversight and Government Reform Committee will hold a hearing on the role and responsibilities of federal regulators in the Wall Street financial crisis, with former Federal Reserve Chairman Alan Greenspan, SEC Chairman Chris Cox, and former Treasury Secretary John Snow invited to testify.
Tuesday, October 28: The Small Business Committee, under Chairwoman Velazquez, will hold a hearing on the impact of the financial crisis on small business.
Thursday, November 13: The Oversight and Government Reform Committee will hold a hearing on the role of hedge funds in the financial markets, and their regulatory and tax status with the five managers who were paid over $1 billion last year.