Examining Primary Dealers and Their Balance Sheet Constraintst (EventID=118709)

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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ On Tuesday, December 2, 2025, at 2:00 p.m. (ET) Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Chairman Hill and Ranking Member Waters will host a hearing entitled, “Examining Primary Dealers and Their Balance Sheet Constraints." ___________________________________ Witnesses for this one-panel hearing will be: • Ms. Susan McLaughlin, Executive Fellow at the Yale School of Management • Mr. James Tabacchi, Chairman, Independent Dealers & Trading Association • Ms. Laura Klimpel, Managing Director and Head of DTCC’s Fixed Income and Financing Solutions • Dr. Haoxiang Zhu, Gordon Y Billard Associate Professor of Management and Finance, MIT Sloan School of Management ___________________________________ This hearing will examine the role of primary dealers in the Treasury markets and how rising government debt issuance affects their ability to make markets and participate in Treasury auctions. The hearing will explore how central clearing can ease primary dealers’ balance sheet constraints and how other institutions could be encouraged to become primary dealers. #treasury #wallstreet #federalreserve #securities #liberationday #treasurymarket ___________________________________ Hearing page: https://democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=413925