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NEW VIDEO RELEASE: Democrat Disagreement – Will Frank's Financial Reg Reform Bill Create A Secret List Of "Too Big To Fail" Institutions?
Jun 21, 2010
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- In a video released today by House Financial Services Committee Republicans, Democratic Senator Mark Warner calls Chairman Barney Frank out for creating a list of designated financial companies as "systemically significant." During the same conference meeting on June 17th, Chairman Frank claimed t...
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Democrats Reject Republican Amendments to End, or Even Limit, Bailouts
Jun 17, 2010
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June 17, 2010 - Financial Services Committee Ranking Member Spencer Bachus today expressed disappointment as House Democrats defeated a series of amendments offered by Republicans to put an end to, or even limit, taxpayer-funded bailouts, including those for government sponsored enterprises Fannie ...
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Bachus Statement on NYSE's Delisting of Fannie Mae and Freddie Mac
Jun 16, 2010
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June 16, 2010 - Financial Services Committee Ranking Member Spencer Bachus today said Congress is long overdue in addressing reform of Fannie Mae and Freddie Mac, the two government-sponsored (and now operated) enterprises that fueled the financial crisis. Earlier today, the Federal Housing Finance...
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House Conferees Adopt Republican Amendment To Strengthen Investor Protection By The SEC
Jun 16, 2010
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-House Conferees today adopted an amendment offered by Rep. Ed Royce and Ranking Member Spencer Bachus that will restructure the Securities and Exchange Commission (SEC) to improve the ability of the Agency to protect investors. Rep. Ed Royce said, "This amendment is an attempt to hold the SEC more...
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Bachus Calls on Chairman Frank to Outline Conference Rules
Jun 10, 2010
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- House Financial Services Committee Ranking Member Spencer Bachus today sent a letter signed by the House Republican conferees to Chairman Barney Frank demanding that Democrats release conference rules and procedures and calling for answers to questions pertaining to how business will be conducted...
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Bachus Offers Motion to Instruct Conferees to End Democrats' Permanent Bailouts
Jun 9, 2010
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"The only way to make sure that taxpayers are protected from paying for Wall Street's mistakes is bankruptcy, not bailouts." June 9, 2010 - Financial Services Committee Ranking Member Spencer Bachus today offered a Motion to Instruct Conferees on the financial regulatory reform conference, directin...
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Bachus Announces Financial Services Committee Republican Conferees to Negotiate Financial Regulatory Reform Legislation
Jun 9, 2010
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- Financial Services Committee Ranking Member Spencer Bachus joined five fellow committee Members to serve as the House Republican conferees appointed to deliberate the House and Senate passed financial regulatory reform bills, and called on Democrats to ensure all negotiations occur in the open. "...
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Bachus: Private Sector Is The Source Of True Economic Strength And Job Creation
Jun 4, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today made the following statement regarding the May jobs report that found only 41,000 private sector jobs were created. "The job creation estimates for May are disappointing, especially given the unreliability of Census hiring predictio...
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Bachus: Tens of Thousands of Americans Want Immediate Reform of Fannie Mae and Freddie Mac, Why Won't Democrats Act?
Jun 2, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today released the following statement as the YouCut program announced that reforming Fannie and Freddie is the current leader with 45 percent of the votes cast this week. "It's a telling sign of the failures of financial reform when refo...
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Bachus: Democrats' New Billion-Dollar Tax Rewards ACORN-Style Political Activists
May 28, 2010
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Bachus Questions The Ability of Democrats To Include New Spending In An Extension Bill May 28, 2010 - Financial Services Committee Ranking Member Spencer Bachus made the following statement regarding the Democrats' so-called tax extenders package that contains $1 billion in funding for the National...
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