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FEDERAL RESERVE BANK OF NEW YORK PRESIDENT GEITHNER TESTIFIES ON SYSTEMIC RISK AND THE FINANCIAL MARKETS BEFORE HOUSE PANEL

The House Financial Services Committee issued the following testimony from a full committee hearing:

STATEMENT BY TIMOTHY F. GEITHNERPRESIDENT AND CHIEF EXECUTIVE OFFICER, FEDERAL RESERVE BANK OF NEW YORK

BEFORE THE COMMITTEE ON FINANCIAL SERVICESU.S. HOUSE OF REPRESENTATIVESREGARDING SYSTEMIC RISK AND FINANCIAL MARKETS

Good morning, Chairman Frank, Ranking Member Bachus, and other members of the Committee. Thank you for giving me the opportunity to testify today.

I very much welcome the opportunity to appear before you with Chairman Cox of the Securities and Exchange Committee (SEC). The Federal Reserve and the SEC are working very closely together in navigating through the present ...

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