In Case You Missed It

WASHINGTON: Financial Services Committee Chairman Spencer Bachus released the following information regarding the pay of Fannie Mae and Freddie Mac executives. Later today, the Capital Markets and Government Sponsored Enterprises Subcommittee will vote on a bill introduced by Chairman Bachus to suspend the compensation packages for executives of Fannie Mae and Freddie Mac. H.R. 1221, the… Read more »

Republicans Decry Cost Of Dodd-Frank Overhaul By Alan Zibel DOW JONES NEWSWIRES 30 March 2011   WASHINGTON -(Dow Jones)- U.S. House Republicans decried the costs of the Dodd-Frank financial overhaul Wednesday, arguing that it will impede U.S. economic growth by requiring companies to spend billions complying with new regulations. The financial overhaul bill, passed last… Read more »

By Phil Mattingly and Lorraine Woellert Bloomberg News U.S. House Republicans proposed legislation that would begin reducing the influence of government-run mortgage companies Fannie Mae and Freddie Mac. The measures would wind down the firms in phases as policy makers work on a broader overhaul of the mortgage market. The proposed legislation would cut the value of the companies’… Read more »

The consumer finance czar answers to no one and sets her own budget. A House subcommittee will hold an "oversight" hearing today on the new Consumer Financial Protection Bureau, the über-regulator that will soon have jurisdiction over most of the country's credit-making institutions. We put "oversight" in quotes because Congress has little say over either the new bureau or its unofficial… Read more »

The unchecked, unelected, unaccountable Elizabeth Warren. Fred Barnes The Consumer Financial Protection Bureau (CFPB) is forgotten but not gone. It’s housed, quietly and temporarily, in the Treasury Department as it prepares to become an official, stand-alone federal agency on July 21. The CFPB is hiring. It already has an acting director, an enforcement chief, and a growing… Read more »

Published: Wednesday, 15 Sep 2010 | 8:30 AM ET  CNBC As we mark the second anniversary of the Lehman bankruptcy and the AIG bailout, I am reminded of a joke that economists tell about themselves that goes something like this:   A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says,… Read more »