Nomination of Herbert M. Allison, Jr: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, First Session, on the Nomination of Herbert M. Allison, Jr., of Connecticut, to be Assistant Secretary for Financial Stability (TARP), Department of the Treasury, June 4, 2009
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administration Asset-Backed Securities Assistant Secretary banks billion BOB CORKER capital Chairman DODD colleagues Committee companies company’s concerns conﬁrmed conﬂicts of interest Congress Congressional Oversight Panel counterparties designated agency ethics double-entry bookkeeping systems economic Fannie Mae ﬁnance ﬁnancial crisis ﬁnancial institutions ﬁnancial system ﬁnd ﬁrms ﬁrst ﬂexibility ﬂowing foreclosure funds George Allison going Government gram HERBERT Home Affordable homeowners homeownership important investment issue JON TESTER lending markets Merrill Lynch mortgage modiﬁcations nomination Obama and Secretary Ofﬁce Office of Financial potential conﬂicts President Obama proﬁts QUESTIONS OF SENATOR recipients repayment RESPONSE TO WRITTEN risk Secretary for Financial Secretary Geithner Senator CORKER Senator MERKLEY Senator REED Senator SCHUMER Senator SHELBY Senator TESTER Senator WARNER servicers small businesses Special Inspector speciﬁc sure systemic risk TARP funds taxpayers Thank TIAA—CREF transparency Treasury’s U.S. Navy warrants WRITTEN QUESTIONS