BofA's Moynihan confirmed for crisis hearing Wed.
* BofA's Moynihan to join other bank execs at Wed. hearing
* Will be first public hearing of financial crisis panel
* Panel due to report findings by Dec. 15, 2010
WASHINGTON, Jan 7 - Brian Moynihan, the new chief executive of Bank of America (BAC.N), has been confirmed as one of the four bank executives set to testify Wednesday before a U.S. commission created by Congress to examine the financial crisis.
A spokesman for the Financial Crisis Inquiry Commission (FCIC) said on Thursday that Moynihan has been confirmed along with Goldman Sachs (GS.N) CEO Lloyd Blankfein, JPMorgan (JPM.N) CEO Jamie Dimon and Morgan Stanley Chairman John Mack.
The bank executives' appearance will kick off two days of hearings next week.
The 10-member panel will hold public hearings throughout this year as Congress works to hammer out a massive piece of financial reform legislation designed to minimize systemic risk in financial markets, better police financial products and rein in dangerous bank pay practices.
The House of Representative has already passed their version of the bill, while the Senate is still struggling to pull together a bill with some bipartisan support.
Christopher Dodd, Democratic chairman of the Senate Banking Committee, announced on Wednesday that he would not seek re-election, which some analysts said will free him to reach bipartisan compromise on the legislation.
The FCIC is due to report is findings to Congress and President Barack Obama by Dec. 15, 2010. (Reporting by Karey Wutkowski, editing by Dave Zimmerman)
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