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Chairman Bachus: Latest Obama Housing Plan Digs Nation Into A Deeper Hole
Feb 1, 2012
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Financial Services Committee Chairman Spencer Bachus released the following statement about the Obama Administration's latest housing plan. "This is not a serious plan to help the nation’s housing market. This is just more of the same from an administration that offers expensive program after expens...
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Subcommittee To Review Bipartisan Bill Restoring Certainty, Fairness To Bank Exams
Jan 31, 2012
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The Financial Institutions and Consumer Credit Subcommittee will meet on Wednesday to review bipartisan legislation that aims to improve the clarity, consistency and fairness of federal regulatory examinations on financial institutions. H.R. 3461, the Financial Institutions Examination Fairness and ...
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Obama’s ‘Startup America’ Agenda Includes Bills Already Approved by Financial Services Committee and House
Jan 31, 2012
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Financial Services Committee Chairman Spencer Bachus again called on President Obama to urge Senate action on bipartisan bills that will create jobs. “Today President Obama called on Congress to send him bipartisan legislation that increases access to capital for entrepreneurs and small businesses. ...
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Subcommittee Investigation of MF Global’s Downfall Continues with Thursday Hearing
Jan 30, 2012
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A congressional subcommittee on Thursday will continue its investigation into the collapse of MF Global and how $1.2 billion of the firm’s customer funds went missing. This will be the second hearing the Financial Services Committee’s Oversight and Investigations Subcommittee has held on MF Global. ...
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Republicans Leaders of Financial Services Committee Oppose Taxpayer Bailout of Europe
Jan 25, 2012
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Republican leaders of the House Financial Services Committee are seeking assurances from the Obama Administration that U.S. taxpayers will not bear the burden of bailing out debt-ridden European governments. In a letter sent Wednesday to Treasury Secretary Timothy Geithner, Chairman Spencer Bachus, ...
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Chairman Bachus Announces Committee Schedule for Feb. 1-8
Jan 25, 2012
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Financial Services Committee Chairman Spencer Bachus on Wednesday announced the Committee’s schedule for the first two weeks of February. All Committee activity will take place in room 2128 Rayburn House Office Building. Witnesses for the hearings will be announced at later dates. Wednesday, Februar...
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Chairman Bachus: President Should Use State of the Union to Call for End of ‘Senate Stall’ on Jobs Bills
Jan 20, 2012
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During his State of the Union address next week, President Obama should call on the Senate to pass legislation that helps small businesses access capital so they can create jobs, said Financial Services Committee Chairman Spencer Bachus. Four bills that originated in the Financial Services Committee...
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Chairman Bachus Announces Changes in Committee’s Staff Leadership
Jan 20, 2012
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Financial Services Committee Chairman Spencer Bachus announced two changes to the committee’s staff leadership on Friday. Larry Lavender is leaving his position as Chief of Staff for the Financial Services Committee to manage the primary re-election campaign of Chairman Bachus and then later join th...
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Chairman Bachus: Alabama To Receive $55 million In Funding To Rebuild After Tornadoes
Jan 19, 2012
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Alabama will receive $55 million in disaster relief funding to help achieve long-term recovery, restore housing and infrastructure, and promote economic revitalization, said Financial Services Committee Chairman Spencer Bachus. The Department of Housing and Urban Development (HUD) will provide commu...
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Chairman Bachus Statement On Volcker Rule's Impact On Markets, Investors And Jobs
Jan 18, 2012
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Financial Services Committee Chairman Spencer Bachus released the following statement about today's joint Subcommittee hearing on the Volcker rule. "Thank you, Chairman Capito and Chairman Garrett, for convening today’s hearing to examine the regulatory proposal to implement Section 619 of the Dodd-...
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