Financial Services Committee Chairman Spencer Bachus delivered the following statement today at a full committee hearing on HUD’s management of the Home Investment Partnerships Program:
“The HOME Investment Partnerships Program is the federal government’s largest housing construction program for the poor. Administered by the Department of Housing and Urban Development, it… Read more »
Continuing the Committee’s focus on promoting job creation, improving the economy and reforming the nation’s housing system, Financial Services Committee Chairman Spencer Bachus announced the planned Committee schedule for the remainder of June.
From the start of the 112th Congress, under Chairman Bachus’ leadership, the Committee has focused on promoting policies that… Read more »
The International Monetary Policy and Trade Subcommittee, chaired by Rep. Gary G. Miller, today unanimously approved legislation to help U.S. companies create jobs by reauthorizing the Export–Import Bank for four years. The Securing American Jobs Through Exports Act supports the exporting of U.S. goods and services while instituting new transparency measures to protect taxpayer… Read more »
Financial Services Committee Chairman Spencer Bachus made the following statement after meeting with President Obama and House Republicans at the White House this morning to discuss deficit reduction:
“Several times during the meeting today, the President said he will not submit a plan to reduce the deficit that could be verified by the Congressional Budget Office. … Read more »
Financial Services Committee Chairman Spencer Bachus released the following statement regarding the Domestic Monetary Policy Subcommittee hearing on the Federal Reserve data disclosure.
“This is an important hearing on the use of the Federal Reserve’s emergency lending facilities during the financial crisis. This hearing touches on an important issue: balancing the independence… Read more »
Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced today the Subcommittee will hold a hearing entitled, “Federal Reserve Lending Disclosure: FOIA, Dodd-Frank, and the Data Dump.”
The hearing will explore the information disclosed by the Federal Reserve in compliance with the Dodd-Frank Act and the Freedom of Information Act regarding its emergency… Read more »
WASHINGTON: The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, will convene for a hearing with Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair. The hearing will take place on Thursday, May 26th at 9:30 a.m. in room 2128 Rayburn.
The hearing, entitled “FDIC Oversight: Examining and Evaluating the Role of the Regulator… Read more »
The Financial Services Committee, chaired by Rep. Spencer Bachus, approved legislation today to give regulators additional time to write and review the rules governing derivatives. H.R. 1573, approved by a vote of 30 to 24, addresses concerns raised by both Republicans and Democrats that the proposed Dodd-Frank rules governing derivatives could put U.S. firms at a competitive… Read more »
Financial Services Committee Chairman Spencer Bachus made the following statement today during consideration of H.R. 1573, legislation to restore order to the Dodd-Frank derivatives rulemaking process, promote regulatory coordination, and ensure the U.S. economy is not placed at a competitive disadvantage with other countries
“The Committee meets this morning to markup important… Read more »
Insurance, Housing and Community Opportunity Subcommittee Chairman Judy Biggert announced today the Subcommittee will meet for a legislative hearing on reforming the Federal Housing Administration, the Rural Housing Service, and Ginnie Mae. The hearing will take place on Wednesday, May 25 at 10 a.m. in room 2128 Rayburn.
The hearing is part of the Financial Services Committee’s ongoing… Read more »