[Senate Hearing 109-464]
[From the U.S. Government Printing Office]








                                                        S. Hrg. 109-464

 
                             [E R R A T A] 
                            NOMINATIONS OF: 
                  SHEILA BAIR, JAMES B. LOCKHART, III 
                 DONALD L. KOHN, AND KATHLEEN L. CASEY

=======================================================================

                                HEARING

                               before the

                              COMMITTEE ON
                   BANKING,HOUSING,AND URBAN AFFAIRS
                          UNITED STATES SENATE

                       ONE HUNDRED NINTH CONGRESS

                             SECOND SESSION

                                   ON

                            nominations of:

 sheila bair, of kansas, to be member and chairperson of the board of 
         directors of the federal deposit insurance corporation

                               __________

       james b. lockhart, iii, of connecticut, to be director of 
           the office of federal housing enterprise oversight

                               __________

        donald l. kohn, of pennsylvania, to be vice chairman of 
          the board of directors of the federal reserve system

                               __________

           kathleen l. casey, of virginia, to be a member of 
              the u.s. securities and exchange commission

                               __________

                              JUNE 8, 2006

                               __________

  Printed for the use of the Committee on Banking, Housing, and Urban 
                                Affairs


      Available at: http: //www.access.gpo.gov /congress /senate/
                            senate05sh.html

                                 _____

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                             [E R R A T A]

                            S. Hrg. 109-464

The above referenced publication was inadvertently printed with 
  Ms. Sheila Bair's name misspelled.



                            C O N T E N T S

                               __________

                         THURSDAY, JUNE 8, 2006

                                                                   Page

Opening statement of Chairman Shelby.............................     1

Opening statements, comments, or prepared statements of:
    Senator Sarbanes.............................................     4
    Senator Crapo................................................     5
    Senator Johnson..............................................     6
        Prepared statement.......................................    22
    Senator Dole.................................................     6
    Senator Bunning..............................................     7
    Senator Hagel................................................     8
    Senator Reed.................................................     8
    Senator Martinez.............................................     8
    Senator Allard...............................................    23

                                NOMINEES

Sheila Bair, of Kansas, to be Member and Chairperson of the Board 
  of Directors of the Federal Deposit Insurance Corporation......     9
    Prepared statement...........................................    24
    Biographical sketch of nominee...............................    25
    Response to written questions of:
        Senator Shelby...........................................    66
        Senator Bunning..........................................    67
James B. Lockhart, III, of Connecticut, to be Director of the 
  Office of Federal Housing Enterprise Oversight.................    11
    Biographical sketch of nominee...............................    35
    Response to written questions of Senator Bunning.............    67
Donald L. Kohn, of Pennsylvania, to be Vice Chairman of the Board 
  of Directors of the Federal Reserve System.....................    12
    Biographical sketch of nominee...............................    43
    Response to written questions of Senator Bunning.............    69
Kathleen L. Casey, of Virginia, to be a Member of the U.S. 
  Securities and Exchange Commission.............................    13
    Biographical sketch of nominee...............................    57

              Additional Material Supplied for the Record

Statement of Bob Dole, a former U.S. Senator from the State of 
  Kansas.........................................................    73

                                 (iii)