GOVT-210 Lecture Notes - Lecture 3: Wall Street Reform
Document Summary
Committees that serve constituent issues (ie. agriculture, armed services, financial services,etc) Draft legislation on issues within committee"s jurisdiction. Circulate draft legislation to stakeholders (ie interest groups) Conduct hearings with live witnesses offering testimony and answering. Refine the legislation based on stakeholder comments. Pass the legislation through committee and to the full house or senate. Remain informed on issues within committee"s jurisdiction. Investigate govt programs run by relevant fed agencies. Send letters to fed agencies seeking info or changes in policy direction. Conduct hearings with live witnesses offering testimony and answering questions. As issues become more technical and complex, congress grants ever more discretion to fed agencies. Dodd frank wall street reform act of 2010.