The Federal Deposit Insurance Corporation (FDIC) has announced the final agenda for the Overcoming Obstacles to Small Business Lending Forum scheduled for Thursday, January 13, 2011. The event is scheduled from 1:00 p.m. to 4:00 p.m. EST at the L. William Seidman Center in Arlington, Virginia. The forum will explore ways in which credit can be made more accessible to the small business sector by bringing together policymakers, regulators, small business owners, lenders and other stakeholders to identify key issues and focus on solutions.
Following opening remarks from U.S. Rep. Spencer Bachus, Chairman of the House Financial Services Committee, CNBC's Senior Economics Reporter Steve Liesman will moderate a "Framing the Issues" panel discussion featuring FDIC Chairman Sheila C. Bair, Federal Reserve Chairman Ben S. Bernanke, U.S. Senator Mark R. Warner and Thomas D. Bell, Jr., Chairman of the U.S. Chamber of Commerce. Following the first panel, CNBC's Chief Washington Correspondent John Harwood will moderate a second panel titled "Confronting the Obstacles." This panel will feature additional government and private sector leaders to identify issues that are constraining the availability of credit to small businesses and articulate ideas for overcoming these obstacles. Karen Mills, Administrator of the Small Business Administration, is scheduled to provide remarks at the conclusion of the forum.
While the event is open to the public, maximum capacity has been reached and registration is now closed. CNBC, the official broadcaster of the event, will carry portions of the forum live on the air. A live webcast of the entire forum will be available at http://www.fdic.gov/news/conferences/sbl.html on the day of the event. No other video or audio media will be permitted to record or broadcast from the event or elsewhere within the FDIC facility on the day of the forum. CNBC will provide a live pool feed to all other television networks via the Washington pool circuit for the entire event. Print reporters and still photographers may attend.
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,760 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-4-2011