10:50 a.m.
Registration

11:00
Introduction:
REPRESENTATIVE JEB HENSARLING (R-TX), Vice Chairman of the House Financial Services Committee and Chairman of the House Republican Conference

Panelists:
PETER J. WALLISON, AEI
ALEX J. POLLOCK, AEI
EDWARD PINTO, AEI

12:00 p.m.
Adjournment

John Cusey

American Enterprise Institute

1150 Seventeenth Street, NW

Washington, DC 20036

Phone: 202-828-6021

E-mail: john.cusey@aei.org

Veronique Rodman

American Enterprise Institute

1150 Seventeenth Street, N.W.

Washington, DC 20036

Phone: 202-862-4870

E-mail: VRodman@aei.org

Representative Jeb Hensarling (R-TX) serves as vice chairman of the House Financial Services Committee and chairman of the House Republican Conference. He is the author of HR 4889, the GSE Bailout Elimination and Taxpayer Protection Act, the only bill before the 111th Congress to end the taxpayer bailout of Fannie Mae and Freddie Mac. As a result of his ongoing efforts to fight wasteful spending and promote economic growth, Representative Hensarling has served on several prominent committees including the Select Committee on Earmark Reform, a ten-member panel created by House Republicans to reform the earmark process, and the House Republican Economic Stimulus Working Group, a thirteen-member team formed in response to President Barack Obama’s request for Republican input on legislation designed to stimulate the economy. The New York Times said that Representative Hensarling has become known as a "conservative leader" and National Review called him "Rep. Budget Reform."

Peter J. Wallison holds the Arthur F. Burns Chair in Financial Policy Studies at AEI, where he codirects the Institute’s program on financial-market studies. He is also a cochair of the Pew Financial Reform Task Force and a member of the congressionally authorized Financial Crisis Inquiry Commission. Mr. Wallison previously practiced banking, corporate, and financial law at Gibson, Dunn & Crutcher LLP in New York and Washington, D.C. During 1986 and 1987, Mr. Wallison was White House counsel to President Ronald Reagan. From 1981 to 1985, Mr. Wallison was general counsel of the Treasury Department, where he played a significant role in the development of the Reagan administration’s proposals for deregulation in the financial services industry. He also served as general counsel to the Depository Institutions Deregulation Committee and participated in the Treasury Department’s efforts to deal with the debt held by less-developed countries. Between 1972 and 1976, Mr. Wallison was special assistant to New York governor Nelson A. Rockefeller and, subsequently, counsel to Mr. Rockefeller when he was vice president of the United States.

Alex J. Pollock is a resident fellow at AEI, focusing on financial policy issues, including housing finance, government-sponsored enterprises, retirement finance, corporate governance, accounting standards, and the banking system. Previously, he spent thirty-five years in banking, including twelve years as president and CEO of the Federal Home Loan Bank of Chicago. He is the author of numerous articles on financial systems and the organizer of the "Deflating Bubble" series of AEI conferences. In 2007, he developed a one-page mortgage form to help borrowers understand their mortgage obligations. He is a director of Allied Capital Corporation, the Chicago Mercantile Exchange, the Great Lakes Higher Education Corporation, and the International Housing Union for Housing Finance, and the chairman of the board of the Great Books Foundation.

Edward Pinto is a resident fellow at AEI. He has provided credit and marketing consulting services to the mortgage-finance industry for the last twenty years. Mr. Pinto was the executive vice president and chief credit officer at Fannie Mae from 1987 to 1989 and the senior vice president of marketing and product management from 1985 to 1987. Before his work at Fannie Mae, Mr. Pinto was senior legal counsel for the Mortgage Guaranty Insurance Corporation and general counsel for the Michigan State Housing Development Authority. Mr. Pinto’s consulting clients have included GE Capital Mortgage Insurance Company, Dime Savings Bank, Mellon Bank, and Home Savings Bank. Mr. Pinto worked with the Loan Performance Corporation to develop their delinquency database, which is now the industry standard. He has appeared as an expert witness in real estate finance–related litigation and has published or contributed to articles in various publications and on the op-ed page of the Wall Street Journal. Mr. Pinto is frequently interviewed by newspapers and other news sources on real estate finance.


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