Spring Forum 2005 April 14-16, 2005 Hyatt Regency, Washington, D.C.
Financial Services Standing Committee Preliminary Agenda
Committee sessions are noted in bold.
(as of April 15, 2005)
Friday | Saturday | Sunday
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7:00 a.m. - 5:00 p.m. Regency Foyer, Ballroom Level |
Registration |
11:30 a.m. - 1:30 p.m. Those planning to attend should convene in the hotel lobby at 11:30 a.m. for transportation to ABA |
Luncheon with the American Bankers Association (invitation only) (Joint with the Economic Development, Trade and Cultural Affairs Committee) Meeting for lunch at the Washington headquarters, committee members and ABA personnel will discuss issues of common interest. Those planning to attend should convene in the hotel lobby at 11:30 a.m. for transportation to ABA. |
2:00 p.m. - 3:45 p.m. Lexington/Bunker Hill, Ballroom Level |
How Secure Is Your Personal Information? (CLE)
(Joint with the Communications, Technology and Interstate Commerce Committee) Concerns are growing over the security of personally identifiable information held by states and by private companies. Despite new federal and state laws, identity theft continues to grow. And, the growing prevalence of data mining - collecting and analyzing large amounts of data in order to establish connections and find new useful information - may prompt states to take a closer look at privacy and public records issues. Come discuss the latest efforts by states to prevent identity theft, regulate the exchange of Social Security numbers, and protect citizens from security breaches. Speakers: Senator Debra Bowen, California Representative Wayne Harper, Utah Ronni Burns, Director of Business Practices, Citi Cards, New York John McCumber, Public Sector Strategic Program Manager, Symantec, Washington, D.C. Jessica Rich, Assistant Director, Bureau of Consumer Protection, Federal Trade Commission, Washington, D.C. Handouts: Speaker Biographies NCSL Security Breach Legislaton Summary NCSL ID Theft/Consumer Report Security Freeze Legislation Summary Citi Cards PowerPoint |
4:00 p.m. - 5:00 p.m. Regency A, Ballroom Level |
Opening Plenary Session: Battling Unfunded Mandates NCSL estimates that state budgets absorb nearly $30 billion each year in cost shifts from the federal government. The renewed pressure to reduce the federal deficit means that even more unfunded mandates could be on the horizon for state governments. A congressional champion will speak about plans to beef up the Unfunded Mandate Reform Act and prevent additional cost shifts.
Speakers: U.S. Senator Lamar Alexander, Tennessee U.S. Representative Michael Turner, Ohio |
5:15 p.m. - 6:15 p.m. Capitol A, Lobby Level |
Steering Committee Meeting This meeting will review the committees' plans for the year and preview any policies anticipated for debate and make determinations regarding joint and referral of any resolutions. |
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6:30 p.m. - 7:45 p.m. Regency A, Ballroom Level |
Reception at the Hyatt Regency Capitol Hill |
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7:00 a.m. - 5:00 p.m. Regency Foyer, Ballroom Level |
Registration |
8:00 a.m. - 9:30 a.m. Regency A, Ballroom Level |
Plenary Breakfast: Medicaid, Medicare and Welfare Reform The Department of Health and Human Services has responsibility for three major programs of enormous interest to state legislatures--Medicaid, Medicare and welfare. All three are currently in flux. The administration's proposals in each area will be outlined.
Speaker: U.S. Secretary of Health and Human Services, Michael Leavitt, Washington, D.C. |
9:45 a.m. - 11:00 a.m. Lexington/Bunker Hill, Ballroom Level |
Lassoing Giants: Fannie Mae, Freddie Mac Regulatory Reform (Joint with the Economic Development, Trade and Cultural Affairs Committee) After a series of blunders and accounting irregularities at the housing finance giants Fannie Mae and Freddie Mac, government sponsored enterprise (GSE) reform has topped the financial services agenda in Washington for the 109th Congress. This session explores the benefits and costs of GSEs to the residential mortgage market and examines what a new, powerful GSE regulator would mean to the American economy and affordable housing goals. Speakers: Susan Gates, Vice President of Public Policy, Freddie Mac, Virginia Bill Shear, Director, Financial Markets and Community Investment, Government Accountability Office, Washington, D.C. Joe Pigg, Senior Counsel, American Bankers Association, Washington, D.C. |
| 11:00 a.m. - 11:15 a.m. |
Break |
11:15 a.m. - 12:15 p.m. Lexington/Bunker Hill, Ballroom Level |
Terrorism Risk Insurance Reauthorization When Congress enacted the Terrorism Risk Insurance Act (TRIA) in 2002, it did so as a temporary backstop to ensure the availability of terrorism insurance coverage. Now that the industry is asking the federal government to re-up the program, the Congressional Budget Office has expressed concern that a long-term subsidy actually will discourage businesses from making needed security investments and has recommended risk-based premiums to make high-risk policyholders pay more. This session examines TRIA reauthorization and the pros and cons of risk-based premiums. |
| 11:30 a.m. |
BOX LUNCHES WILL BE AVAILABLE ON THE LOBBY LEVEL AND BALLROOM LEVEL FOR YOUR CONVENIENCE. |
12:30 p.m. - 1:45 p.m. Lexington/Bunker Hill, Ballroom Level |
Look Who's Coming to Dinner: The Federal Role in Insurance Regulation Congress has invited itself to the dinner party that is insurance regulation, but it's unclear whether they want to add to the conversation, to select the menu, or to steal the guests. This session will survey a range of perspectives on the appropriate federal role in insurance regulation and explore whether there is a common ground between exclusive state regulation and optional federal insurance chartering. Speakers: Pat Borowski, Senior Vice President, Government/Regulatory Affairs, National Association of Professional Insurance Agents, Virginia Julie Gackenbach, Assistant Vice President, Federal Government Relations, Property Casualty Insurers Association of America, Washington, D.C. |
1:45 p.m. - 2:15 p.m. Lexington/Bunker Hill, Ballroom Level |
Et tu Brute? Will the FDIC Join the Preemption Bandwagon? The Financial Services Roundtable recently submitted a petition to the FDIC for a rulemaking that would provide parity for state chartered banks by preempting state consumer protection laws. The Financial Services Roundtable hopes that state chartered banks will be granted similar competitive opportunities allowed for national banks operating across state lines by the FDIC. This session will discuss the petition, and what state legislators can do to discourage FDIC preemption. Speaker: Alan Cox, Vice President of Regulatory Affairs, Conference of State Bank Supervisors, Washington, D.C. |
| 2:15 p.m. - 2:30 p.m. |
Break |
2:30 p.m. - 4:00 p.m. Lexington/Bunker Hill, Ballroom Level |
Money+Knowledge=Financial Literacy (Joint with the FSL Banking Partners Project) In light of rising consumer debt and bankruptcy rates, what can state legislators, educators and interested organizations do to better prepare individuals to manage their finances? How can policymakers, educators and financial institutions work together to improve financial literacy? Moderator: Representative Donna Stone, Delaware Speakers: William Cheeks, Midwestern & Eastern States Director, Jump$tart Coalition, Georgia Dan Iannicola, Jr., Deputy Assistant Secretary for Financial Education, U.S. Department of Treasury, Washington, D.C. Heather Tyler, Office of Financial Education, Pennsylvania Handouts: U.S. Department of Treasury PowerPoint Pennsylvania's Task Force for Working Families NCSL's Financial Literacy: A Primer for Policymakers |
4:00 p.m. - 5:00 p.m. Lexington/Bunker Hill, Ballroom Level |
FSL Banking Partners Project Meeting Presiding: Representative Donna Stone |
5:15 p.m. - 6:00 p.m. Capitol A, Lobby Level |
Steering Committee Meeting All committee officers should plan to attend this meeting as policy statements reported out of committee will be reviewed and calendars for the Policy Forum will be determined. |
| 6:30 p.m. - 8:00 p.m. |
Reception in the Atrium of the Ronald Reagan Building Transportation to and from the reception will be provided. Badges must be worn to the reception. |
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8:00 a.m. - Noon Regency Foyer, Ballroom Level |
Registration |
| 9:00 a.m. - 10:45 a.m. |
Special Briefings
On and Beyond the Horizon: Current Issues and New Negotiations (CLE) Capitol B, Lobby Level
This session continues with the variety of reasons that states should care about international trade and the agreements that govern foreign commerce. Presiding: Representative Sheryl Allen, Utah Chair, Economic Development, Trade and Cultural Affairs Committee Speakers: Richard Vanduizend, National Center for State Courts, Virginia Liz Wyman, Office of the Attorney General, Maine Member, Maine Citizen Commission on International Trade
Is It Possible to Reduce the Federal Deficit Without Exporting It to the States? Capitol A, Lobby Level
Reform the tax, social security and Medicaid systems.....control entitlement spending....pay for the war on terrorism....and by the way, cut the deficit in half in five years. We have asked several experts to share their thoughts on how to reduce the federal deficit and how these options would impact states. Speaker: Stanley E. Collender, Financial Dynamics Business Communications, Washington, D.C.
NCSL's Task Force Report on No Child Left Behind Congressional A, Lobby Level
This session reviews the report released in February and highlights changes that could be made regarding adequate yearly progress, funding, urban and rural schools, students with disabilities, and several other key elements of the law. |
11:00 a.m. - 11:45 a.m. Capitol A, Lobby Level |
Policy Forum and Business Meeting At this time, Forum delegates will debate and vote on NCSL's policy statements and resolutions passed out of committees. Legislators are encouraged to attend.
Presiding: Representative Joe Hackney, North Carolina Chair, NCSL Standing Committees |
Noon - 1:30 p.m. Yorktown/Valley Forge/Ticonderoga, Ballroom Level |
Closing Plenary: International Trade and Preemption
States are threatened constantly with erosion of their authority. One of the greatest threats comes not from the national government, but from various international trade agreements and trade organizations. This panel will explore the pros and cons of preempting state authority in the international arena. Speakers: Acting U.S. Trade Representative Peter Allgeier, Washington, D.C. William Sorrell, National Association of Attorneys General, Vermont |
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The NCSL Standing Committee on Financial Services
will next meet during NCSL’s Annual Meeting
to be held in Seattle, Washington
August 16 – 20, 2005
Please Plan to Attend! |
Meeting Information
Four ways to register
- Online
- Fax: 303 364-7811
- Mail: NCSL Registration
P.O. Box 17972 Denver, CO 80217
- Onsite after April 14
Committee Information
Committee Staff Contacts
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