In the Press
Friday, January 22, 2021Fixing Trump’s damage to government will take more than executive orders — A Commentary by Cristina Rodríguez The Washington Post
Friday, January 22, 2021Texas Files Lawsuit Over Biden’s Deportation Pause The Wall Street Journal
Friday, January 22, 2021A hidden feature of Biden’s first big moves: Major outreach to Trump country The Washington Post
Thursday, January 21, 2021A new way to increase economic opportunity for more Americans — A Commentary by Zachary Liscow ’15 and Abigail Pershing ’20 The Hill
Tuesday, November 29, 2005
Prof. Jonathan Macey Testifies in front of House Committee on Financial Services
Jonathan R. Macey, the Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, testified today in a field hearing of the House Committee on Financial Services, considering the Credit Rating Agency Duopoly Relief Act of 2005.
The proposed legislation, introduced by Rep. Michael G. Fitzpatrick, would change the way the federal government regulates the agencies that provide credit ratings of companies, bonds, countries, and other institutions. Macey wrote in his prepared testimony: "The statute [Fitzpatrick] is proposing provides a valuable legislative framework that will foster more vigorous competition in the rating agency business, and provide not only better ratings but also provide strong protections for individual investors."