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Chairman Hensarling Announces New Subcommittee Assignments for Two Members
May 22, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Rep. Ross was appointed to fill the vacancy on the Housing and Insurance Subcommittee created when Rep....
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H.R. 1062 Requires SEC to Perform Cost-Benefit Analysis
May 17, 2013
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Capital Markets & GSE Subcommittee Chairman Scott Garrett stopped by to tell us about H.R. 1062, the SEC Regulatory Accountability Act. H.R. 1062 is common-sense legislation that essentially codifies President Obama's Executive Order No. 13563 with regard to the Securities and Exchange Commission. ...
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Subcommittees Hear From Experts on Harmful Consequences of QE and the GSEs
Mar 8, 2013
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“We talked about cash on balance sheets not deployed…People just sitting on cash because interest rates are too low and returns are too low now, but they think that they will go up in the future. So, everyone just sits until the Fed takes action. Rather than trying to read the market, they are tryi...
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INFOGRAPHIC: The Government Housing Policy-Driven Fall of Fannie Mae & Freddie Mac
Mar 7, 2013
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Many of the interest groups that directly benefit from large subsidizations in the housing market continue to state that Fannie and Freddie fell victim to the bad private market participants. This suggestion is completely false. It was government housing policy, coupled with loose money from the Fed...
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Subcommittee Chairman Scott Garrett Opening Statement at Capital Markets and Government Sponsored Enterprises Subcommittee Hearing
Mar 6, 2013
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Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee Chairman Scott Garrett (R-NJ) delivered the following opening statement at today's hearing: "Today’s hearing seeks to examine in greater detail the role that Fannie Mae and Freddie Mac played in facilitating the 200...
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