Anthony Carfang of Treasury Strategies testifies before the U.S. House Committee on Financial Services. This is an in depth look at the consequences of money fund regulations along with Basel III, Dodd-Frank and other regulations. The Subcommittee on Capital Markets and Government-Sponsored Enterprises conducted this hearing on December 8, 2016.
First five minutes are Carfang's opening statement. That is followed by questions to him from members of the committee.