Treasury Secretary Geithner to Headline Bipartisan Policy Center's Financial Regulatory...

Mon Jul 6, 2009 3:16pm EDT
 
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Treasury Secretary Geithner to Headline Bipartisan Policy Center's Financial
Regulatory Roundtable
Capital Markets Subcommittee Chairman Kanjorski and Ranking Member Garrett
host forum to discuss Obama Administration's financial regulatory plan

 
WASHINGTON, July 6 /PRNewswire-USNewswire/ -- Chairman Paul E. Kanjorski
(D-PA) and Ranking Member Scott Garrett (R-NJ) of the U.S. House of
Representatives Financial Services Subcommittee on Capital Markets, Insurance,
and Government Sponsored Enterprises, announced today that they will host an
educational roundtable on Tuesday, July 7, 2009 with guest speaker, Treasury
Secretary Timothy F. Geithner.  This is the fifth roundtable presented by the
Bipartisan Policy Center (BPC) intended as an interactive, bipartisan forum
for members of the Subcommittee to examine causes of the current U.S.
financial crisis and discuss possible reforms.

"Our past roundtables have provided valuable resources for Subcommittee
Members to openly discuss relevant financial services issues and gain insight
from our guest speakers," said Chairman Kanjorski.  "We are especially pleased
that Secretary Geithner is taking the time to meet with us in light of the
Administration's recent announcement of its proposals for regulatory reform. 
By spending an evening with us, he will help Members understand the
Administration's perspective on these issues and allow the Treasury Secretary
to explain his thoughts on specific aspects of the proposal."

"Although Secretary Geithner and I hold differing opinions on many issues, I
look forward to the opportunity to get his insight on a variety of issues
relating to financial services regulatory reform," said Representative
Garrett.  "The off-the-record, roundtable format is a refreshing alternative
to that of the hearing room, and I know my colleagues and I will benefit from
friendly and frank discussion that will take place."

Secretary Geithner was sworn in as the 75th Secretary of the U.S. Department
of Treasury in January 2009.  Previously, he was President and Chief Executive
Officer of the Federal Reserve Bank of New York.  Secretary Geithner first
joined the Department of Treasury in 1988, and has worked in three
administrations for five Secretaries in a variety of positions.  Earlier he
was director of the Policy Development and Review Department at the
International Monetary Fund.  Before joining Treasury, Secretary Geithner
worked for Kissinger Associates, Inc.

The BPC plans to sponsor additional financial roundtables in the coming weeks,
which will examine select topics under the Subcommittee's jurisdiction, with
presentations from well-known experts from the public and private sectors. 
All roundtables are for members only and will be closed to the public and the
press.  

The BPC was founded in 2007 by former Senate Majority Leaders Howard Baker,
Tom Daschle, Bob Dole and George Mitchell to develop and promote bipartisan
solutions to the nation's most pressing public policy challenges.  The BPC
currently conducts projects in the areas of transportation, health care,
energy and climate change, national and homeland security, and science.  For
more information about the BPC, please visit: www.bipartisanpolicy.org. 
 

About the Bipartisan Policy Center:
In 2007, former U.S. Senate Majority Leaders Howard Baker, Tom Daschle, Bob
Dole, and George Mitchell formed the Bipartisan Policy Center (BPC) to develop
and promote solutions that can attract the public support and political
momentum to achieve real progress. The BPC acts as an incubator for policy
efforts that engage top political figures, advocates, academics, and business
leaders in the art of principled compromise. For more information please visit
our website: http://www.bipartisanpolicy.org/. 
 

SOURCE  Bipartisan Policy Center

Eileen McMenamin, Director of Communications of the Bipartisan Policy Center,
+1-202-379-1633, emcmenamin@bipartisanpolicy.org

 

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