Hearings
Print

Transparency in Accounting: Proposed Changes to Accounting for Off-Balance Sheet Entities

Thursday, September 18, 2008
02:30 PM
538 Dirksen Senate Office Building

[view archive webcast]

The witnesses on Panel I will be: Mr. Lawrence Smith, Board Member, Financial Accounting Standards Board (FASB); Mr. John White, Director, Division of Corporation Finance, U.S. Securities and Exchange Commission; and Mr. James Kroeker, Deputy Chief Accountant for Accounting, U.S. Securities and Exchange Commission. The witnesses on Panel II will be: Professor Joseph Mason, Hermann Moyse Jr. Endowed Chair of Banking, E.J. Ourso College of Business, Louisiana State University; Mr. Donald Young, Managing Director, Young and Company LLC, and former FASB Board Member; Ms. Elizabeth Mooney, Analyst, Capital Strategy Research, The Capital Group; and Mr. George Miller, Executive Director, American Securitization Forum.

Witnesses

Panel 1

  • Mr. Lawrence Smith [view testimony]
    Board Member
    Financial Accounting Standards Board (FASB)
  • Mr. John White [view testimony]
    Director, Office of Corporate Finance
    Securities and Exchange Commission
  • Mr. James Kroeker [view testimony]
    Deputy Chief Accountant for Accounting
    U.S. Securities and Exchange Commission

Panel 2

  • Professor Joseph Mason [view testimony]
    Hermann Moyse Jr. Endowed Chair of Banking, E.J. Ourso College of Business
    Louisiana State University
  • Mr. Donald Young [view testimony]
    Managing Director
    Young and Company LLC, and former FASB Board Member
  • Ms. Elizabeth Mooney [view testimony]
    Analyst
    Capital Strategy Research, The Capital Group
  • Mr. George Miller [view testimony]
    Executive Director
    American Securitization Forum

2008 Hearings

2008

December 4th The State of the Domestic Automobile Industry: Part II
106 Dirksen Senate Office Building
10:00 AM
November 19th Nomination Hearing
538 Dirksen Senate Office Building
10:00 AM
November 18th Examining the State of the Domestic Automobile Industry
538 Dirksen Senate Office Building
3:00 PM
November 13th Oversight of the Emergency Economic Stabilization Act: Examining Financial Institution Use of Funding Under the Capital Purchase Program.
538 Dirksen Senate Office Building
10:00 AM
October 23rd Turmoil in the U.S. Credit Markets: Examining Recent Regulatory Responses
538 Dirksen Senate Office Building
10:00 AM
October 16th Turmoil in the U.S. Credit Markets: The Genesis of the Current Economic Crisis
538 Dirksen Senate Office Building
10:30 AM
September 23rd Turmoil in US Credit Markets Recent Actions Regarding Government Sponsored Entities, Investment Banks and Other Financial Institutions
SD-G50 Dirksen Senate Office Building, room SD-G50
9:30 AM
September 18th Transparency in Accounting: Proposed Changes to Accounting for Off-Balance Sheet Entities
538 Dirksen Senate Office Building
2:30 PM
September 18th (Hearing has been POSTPONED) Recent Bank Failures and the Regulators' Response
538 Dirksen Senate Office Building
10:30 AM
September 16th (Hearing has been Postponed) Recent Regulatory Actions Regarding Fannie Mae and Freddie Mac
538 Dirksen Senate Office Building
10:00 AM
September 9th Strengthening the Ability of Public Transportation to Reduce Our Dependence on Foreign Oil
538 Dirksen Senate Office Building
10:00 AM
July 29th State of the Insurance Industry: Examining the Current Regulatory and Oversight Structure
538 Dirksen Senate Office Building
10:00 AM
July 17th Executive Session: Mark-up of The Comprehensive Iran Sanctions, Accountability and Divestment Act of 2008
538 Dirksen Senate Office Building
10:00 AM
July 15th Recent Developments in U.S. Financial Markets and Regulatory Responses to Them
325 Russell Senate Office Building, room 325
11:30 AM
July 15th The Semiannual Monetary Policy Report to the Congress
325 Russell Senate Office Building, room 325
10:00 AM
July 9th Reducing Risks and Improving Oversight in the OTC Credit Derivatives Market
538 Dirksen Senate Office Building
2:00 PM
June 25th Executive Session Mark-up to consider Pending Nominations
538 Dirksen Senate Office Building
2:30 PM
June 19th Risk Management and its Implications for Systemic Risk
538 Dirksen Senate Office Building
2:30 PM
June 12th Condition of our Nation's Infrastructure: Local Perspectives from Mayors
538 Dirksen Senate Office Building
10:00 AM
June 10th (Postponed new date TBD) Turmoil in U.S. Credit Markets: Examining the Securities Underwriting Practices at Investment Banks
538 Dirksen Senate Office Building
10:00 AM
June 5th The State of the Banking Industry: Part II
538 Dirksen Senate Office Building
10:00 AM
June 3rd Pending Nominations
538 Dirksen Senate Office Building
2:30 PM
May 22nd Pending Nomination
538 Dirksen Senate Office Building
10:00 AM
May 20th Executive Session - Mark Up: The Federal Housing Finance Regulatory Reform Act of 2008
538 Dirksen Senate Office Building
10:30 AM
May 7th Turmoil in the U.S. Credit Markets: Examining the Regulation of Investment Banks by the U.S. Securities and Exchange Commission
538 Dirksen Senate Office Building
10:00 AM
May 1st The More You Know, the Better Buyer You Become: Financial Literacy for Today's Homebuyers
538 Dirksen Senate Office Building
2:00 PM
April 24th Turmoil in U.S. Credit Markets: Examining the U.S. Regulatory Framework for Assessing Sovereign Investments.
538 Dirksen Senate Office Building
10:00 AM
April 22nd Turmoil in U.S. Credit Markets: The Role of the Credit Rating Agencies
538 Dirksen Senate Office Building
10:00 AM
April 16th Affordable Housing Opportunities: Reforming the Housing Voucher Program
538 Dirksen Senate Office Building
2:00 PM
April 16th Turmoil in U.S. Credit Markets: Examining Proposals to Mitigate Foreclosures and Restore Liquidity to the Mortgage Markets
538 Dirksen Senate Office Building
10:00 AM
April 15th Turmoil in U.S. Credit Markets Impact on the Cost and Availability of Student Loans
538 Dirksen Senate Office Building
10:00 AM
April 10th Turmoil in U.S. Credit Markets: Examining Proposals to Mitigate Foreclosures and Restore Liquidity to the Mortgage Markets.
538 Dirksen Senate Office Building
10:00 AM
April 7th Restoring the American Dream: Solutions to Predatory Lending and the Foreclosure Crisis
Ceremonial Courtroom of the James A. Byrne Courthouse, 601 Market Street, Philadelphia, PA, room 601 Market Street, Philadelphia, PA
10:00 AM
April 3rd Turmoil in U.S. Credit Markets: Examining the Recent Actions of Federal Financial Regulators
SD-G50 Dirksen Senate Office Building, room SD-G50
10:00 AM
March 12th Oversight of HUD and its Fiscal Year 2009 Budget
538 Dirksen Senate Office Building
10:00 AM
March 11th Condition of our Nation's Infrastructure and Proposals for Needed Improvements
538 Dirksen Senate Office Building
10:00 AM
March 6th Reforming the Regulation of Government Sponsored Enterprises.
538 Dirksen Senate Office Building
10:00 AM
March 4th The State of the Banking Industry
538 Dirksen Senate Office Building
10:00 AM
February 28th The Semiannual Monetary Policy Report to the Congress
538 Dirksen Senate Office Building
10:00 AM
February 14th The State of the United States Economy and Financial Markets.
325 Russell Senate Office Building, room 325
10:00 AM
February 13th Executive Session: Mark-up of Pending Legislation
538 Dirksen Senate Office Building
10:00 AM
February 7th Reforming the Regulation of the Government Sponsored Enterprises
538 Dirksen Senate Office Building
10:00 AM
January 31st Strengthening our Economy: Foreclosure Prevention and Neighborhood Preservation.
538 Dirksen Senate Office Building
10:00 AM