WASHINGTON (Reuters) - U.S. lawmakers will question some leading government and industry economists about the perils of a possible 'housing bubble' in a Wednesday hearing.For the current predicament: Too Little, Too Late. Nevertheless, new regulations regarding the real estate and lending industry are certainly needed. Paper Money has launched a mini campaign so that the hearing is aired on C-SPAN. I fully support this effort.
Lawmakers wanted the session "because we've heard a great deal about the possibility of a housing bubble for several years now," said Sen. Wayne Allard, a Republican from Colorado.
The hearing, "The Housing Bubble and its Implications for the Economy," will be held in an open session of the Senate Banking Committee at 10 a.m.. (Reuters)
Tuesday, September 12, 2006
Congressional Hearing on The Housing Bubble
Tomorrow, the US Senate Banking Committee meets about the housing bubble:
Posted by David at 5:00 PM