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Board of Governors of the Federal Reserve System Federal Reserve Bank of New York April 1,2009 Ms. Elizabeth Warren Chair Congressional Oversight Panel 732 North Capitol Street, N.W. Rooms C-320 and C-617 Washington, D.C. 20401 Dear Madam Chair: We are responding to the letters you sent to us on March 20, 2009. We appreciate the opportunity to respond to your questions. Our answers are provided in the enclosed document. We hope this informatiOn is helpful. Our staffs are available to meet with you or your staff in person to provide additional information. Sincerely, Be.Bern e,Ch Board of Governors of the Federal Reserve System Enclosure cc: Rep. Jeb Hensarling Sen. John E. Sununu Mr. Richard H. Neiman Mr. Damon A. Silvers William C. Dudl e3Presidf Federal Reserve Bank of New Yod
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