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Bachus Statement on SIGTARP Report Confirming Unnecessary Job Losses Occurred Due to Obama Administration's Bailout Policies
Jul 19, 2010
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July 19, 2010 - Financial Services Committee Ranking Member Spencer Bachus released the following statement on the report issued today by the Treasury Department's Special Inspector General for the Troubled Asset Relief Program (SIGTARP) showing unnecessary job losses due to President Obama's auto ...
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Bachus Statement on Dodd-Frank Conference Report
Jul 15, 2010
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- Financial Services Committee Ranking Member Spencer Bachus made the following statement today regarding Senate passage of the Dodd-Frank financial regulation conference report, which sends the massive, far reaching 2,300-page financial regulation bill to the President's desk. "Instead of enacting ...
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House Republicans Conferees To Senate Republicans: Derivatives Provision in Dodd-Frank Bill Drains Capital From US Businesses, Will Kill Jobs
Jul 2, 2010
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"Democrat protestations to the contrary not-with-standing, their refusal to correct this language was the strongest message they could send to regulators. The Majority apparently intended for regulators to impose these provisions on end-users. Otherwise, they would have made these changes when they ...
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On The Ropes: Kanjorski Slips Up on CNBC AGAIN – Says Fannie and Freddie Have Already Been Reformed, Not Cause of Crisis
Jul 1, 2010
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Recap: Click here to view Kanjorski on CNBC Saying Fannie/Freddie Reform "Too Complicated" 5/11/2010 After Chairman Barney Frank refused to let Republicans even offer GSE amendments to the Democrats' financial regulation bill, Rep. Paul Kanjorski - the Chairman of the House Financial Services Subco...
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Bachus: House Republicans to Offer Motion to Audit the Fed, Address Job Creation on House Floor and on America Speaking Out
Jun 30, 2010
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June 30, 2010 - Financial Services Committee Ranking Member Spencer Bachus today said that House Republicans will offer a Motion to Recommit to H.R. 4173, the Democrats' financial regulation bill, to ensure a robust and comprehensive audit of the Federal Reserve and to address a small but significa...
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Bachus Remarks on House Floor in Opposition to Dodd-Frank Conference Report
Jun 30, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today delivered the following remarks on the House floor in opposition to the Dodd-Frank conference report on financial regulation reform that perpetuates bailouts and "too big to fail" policies. "Today I'd like to address the good, the b...
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Bachus: Democrats Vote to Perpetuate Bailouts, Reject Sound Reform to Provide Transparency and Save American Jobs
Jun 30, 2010
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"As I said earlier, those who voted today to bail out the big Wall Street firms, or loan them money when they get in trouble, shouldn't expect the voters to bail them out come November." June 30, 2010 - Financial Services Committee Ranking Member Spencer Bachus today released the following statemen...
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Bachus Statement on Dodd-Frank Accounting Gimmick to Use TARP Funds to Pay For New Government Programs
Jun 29, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today released the following statement as Democrats passed an amendment to the Dodd-Frank conference report that would replace a $20 billion "lending tax" with a new accounting gimmick allocating accounted for TARP funds and increasing th...
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Bachus Response to Chairman Frank's Argument That Bailout Burdens be "Borne by the Taxpayers" But Not Wall Street Banks
Jun 24, 2010
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"We've come to the core issue of this conference, and that is - who pays? If we're going to bail out someone, does Wall Street pay? Or do the American people pay? That's the question." June 24, 2010 - Financial Services Committee Ranking Member Spencer Bachus today made the following statement duri...
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Fair and Open Conference? Chairman Frank Blocks Republicans From Offering Amendments to Reform Fannie Mae and Freddie Mac
Jun 23, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today said Chairman Barney Frank's outright ban on consideration of amendments to reform Fannie Mae and Freddie Mac is an abandonment of congressional responsibility and the direct result of Democrats controlling the conference negotiation...
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