• 11/20/2009
  The Truth V. The National Journal: You have got to be kidding
  Washington, DC - Today, House Financial Services Committee Communications Director Steve Adamske released the following statement after reading the Nov. 21 National Journal article, “End of the Beginning,” written by John Maggs: Read full story.

• 11/18/2009
  KANJORSKI AMENDMENT TO ADDRESS COMPANIES THAT ARE “TOO BIG TO FAIL” PASSES IN FINANCIAL SERVICES COMMITTEE
  Washington, DC - Today, the House Financial Services Committee passed an amendment offered by Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, to the Financial Stability Improvement Act by a vote of 38-29.  The Kanjorski amendment would empower federal regulators to rein in and dismantle financial firms that are so large, inter-connected, or risky that their collapse would put at risk the entire American economic system, even if those firms currently appear to be well-capitalized and healthy.  Therefore, American taxpayers should no longer be on the hook for bailouts, as financial companies would not be able to become “too big to fail.” The Kanjorski amendment outlines clear and objective standards for regulators to examine financial companies and reduce the level of risk their activities pose to our financial stability and our economy. Read full story.

• 11/10/2009
  Frank Statement on Senator Dodd’s Financial Reform Package
  Washington, DC - Today, House Financial Services Committee Chairman Barney Frank (D-MA) issued the following statement on the introduction of draft financial reform legislation by Senate Banking Committee Chairman Chris Dodd (D-CT). Read full story.

• 11/6/2009
  Frank Statement on Derivatives
  Washington, DC - Today, Financial Services Committee Chairman Barney Frank (D-MA) released the following statement regarding a response received from Commodity Futures Trading Commission Chairman Gary Gensler. Chairman Gensler’s letter was responding to Chairman Frank’s Nov. 4 letter. Read full story.

Financial Regulatory Reform

TARP Oversight and Accountability Reports

How Investors Access TALF

Auto Industry Financing and Restructuring Act

Guide to Resources on Mortgage Foreclosure Prevention and the Emergency Economic Stabilization

Emergency Economic Stabilization
Act

Housing and Economic Recovery Act of 2008

Predatory and Subprime Mortgage Lending Issues

National Affordable Housing Trust Fund

Executive Compensation

At Issue: Retailers Purchasing Industrial Loan Companies (ILCs)

Response to the Gulf Coast Hurricanes