Skip to main content

What We Do

September 21, 2011

May 26, 2011 – House Financial Services Subcommittee hearing entitled “FDIC Oversight and Evaluation of the Regulator During the Financial Crisis and Today.”

Yet another hearing providing critics of the Dodd/Frank Act with a forum to contend that the law did not end the bailouts for too-big-to-fail firms. Congressman Ed Royce cited a recent study indicating larger financial institutions enjoyed an advantage in the cost of their funds, thus creating an incentive to be deemed as systemically important.

This hearing would be the final appearance of Federal Deposit Insurance Corporation Chairman Sheila Bair before the committee since her term was about to expire. She was the hearing’s only witness.

Chairman Bair disagreed with Royce noting that, in fact, larger institutions were downsizing. Most members did not engage on the issue, but continued their long-standing complaint that small financial institutions were discouraged from lending by overzealous regulators.

Hearing video

Congressional Activities

Donate Today!

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today