On Thursday, January 21, Congressman Paul E. Kanjorski (PA-11), the Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, appeared on CNBCs Squawk Box to preview two hearings that he participated in on Wednesday. Federal Reserve Chairman Bernanke testified before the House Financial Services Committee on monetary policy and the state of the economy. The House Committee on Oversight and Government Reform held a hearing to examine the Toyota recall.
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