COP Field Hearing in New York City on
Corporate and Commercial Real Estate Lending
The Congressional Oversight Panel held a hearing on Thursday, May 28, at 10:00 am in the Rosenthal Pavilion at New York University. The hearing, “The Impact of Economic Recovery Efforts on Corporate and Commercial Real Estate Lending” explored the current state of commercial and industrial lending, focusing particularly on the effectiveness of government efforts to restart credit markets.
The members of the Congressional Oversight Panel heard testimony from a variety of experts involved in this issue, including representatives from government, businesses, and banks.
| Witness | Testimony |
|---|---|
Congresswoman Carolyn Maloney (NY-14) |
|
Congressman Jerry Nadler (NY-8) |
|
Til Schuermann |
Testimony |
Richard Parkus |
Testimony |
| Kevin Pearson, Executive Vice President, M&T Bank |
Testimony |
| Jeffrey DeBoer, CEO, The Real Estate Roundtable |
Testimony |
| Mark Rogus, Senior Vice President and Treasurer, Corning Incorporated |
| Panel Member | Statement |
|---|---|
| Elizabeth Warren, Chair, Congressional Oversight Panel |
Statement |
| Richard Neiman | Statement |
| Damon Silvers | Statement |