To: House Oversight and Government Reform Committee
Attention: Jason Powell
From: Baird Webel
Specialist in Financial Economics
This responds to your request for information on testimony by the Chairman of the Federal Reserve Board and the Comptroller of the Currency before congressional committees, particularly the makeup of the panels on which they testified. Attached please find the hearing titles, dates, and accompanying witnesses for the time period from 2007-2012 as compiled using the ProQuest Congressional database.
To summarize the information: CRS identified 63 times that the Chairman of the Federal Reserve Board appeared before a congressional committee. In general, the Chairman appeared on a panel alone or with other witnesses holding federal government positions. In one instance, Chairman Ben Bernanke appeared before the House Financial Services Committee on a panel that included a state banking regulator representing the Conference of Bank Supervisors. This hearing is highlighted below. We were unable to identify any hearings where the Chairman of the Federal Reserve testified with witnesses that did not hold a federal or state governmental position.
CRS identified 28 times that the Comptroller of the Currency (or acting Comptroller) has testified before a congressional committee between 2007-2012. The Comptroller of the Currency generally appeared on a panel including other witnesses holding federal government positions. In 10 hearings, the Comptroller of the Currency testified on a panel including a state government official, such as a state banking regulator, a state insurance regulator, and a state Attorney General. These hearings are highlighted below. We were unable to identify any hearings where the Comptroller of the Currency testified with witnesses that did not hold a federal or state governmental position.
Date of Report: July 23, 2012
Number of Pages: 30
Order Number: M-072312
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