NEW YORK Jan 12 The New York Federal Reserve
Bank on Tuesday expressed a willingness to cooperate with a
congressional panel that has subpoenaed documents relating to
the bailout of insurer American International Group in 2008.
"We will work with the committee to provide relevant
information as appropriate," New York Fed spokeswoman Deborah
House Oversight Committee Chairman Edolphus Towns said
earlier on Tuesday that he was issuing a subpoena to the New
York Fed seeking documents that could shed light on the advice
the regional Fed bank gave AIG about releasing information on
payments it made to banks after its bailout.
(Reporting by Kristina Cooke; Editing by Dan Grebler)