U.S. Senate Live video from the Senate Banking Committee hearing.
The use of consultants, who are paid by the same banks they are expected to help reform, is being examined at a Senate Banking Committee hearing on Thursday. Senator Sherrod Brown, the Ohio Democrat leading the hearing, is examining whether regulators inappropriately “outsource†oversight like the foreclosure review to consultants like Deloitte & Touche and Promontory Financial Group.
