The House Financial Services Committee plans to hold a hearing Nov. 18 on the Troubled Asset Relief Program.

The hearing also will cover other Federal Reserve Board and Federal Deposit Insurance Corp. responses to the financial crisis.

Specific witnesses have not been announced, but generally they are expected to include senior regulatory officials, institutions using or affected by the government programs, and academics.

"While much of our attention is, appropriately, focused on the $700 billion Tarp program recently passed by Congress, it is clear that Treasury has been working closely with both the Federal Reserve and the FDIC on broader coordinated initiatives," House Financial Services Chairman Barney Frank, D-Mass., said Wednesday in a press release.

"The committee is interested in exploring the rationale for the specific steps already taken and to better understand how the Treasury Department, the Federal Reserve, and the FDIC expect their actions to work and how, and over what time frame, they expect to be able to measure results," Rep. Frank said.

Topics will cover the recapitalization plan and foreclosure mitigation efforts.

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