Financial Services Committee Chairman Spencer Bachus made the following statement during a Full Committee hearing to review the Administration’s report on housing finance.
“The collapse of Fannie Mae and Freddie Mac in 2008 helped trigger a financial crisis from which our economy is still trying to recover. A toxic combination of implicit government guarantees, lax underwriting… Read more »
Financial Institutions Subcommittee Chairman Shelley Moore Capito announced today the Subcommittee will convene a hearing to examine the impact of the Dodd-Frank Act on small financial institutions and small businesses. The hearing will take place on Wednesday, March 2nd at 2 pm in room 2128 Rayburn.
Subcommittee Chairman Capito said, “When the House and Senate passed the Dodd-Frank Act,… Read more »
Financial Services Committee Chairman Spencer Bachus announced a subcommittee hearing and full committee markup of four bills that will terminate failed and ineffective housing foreclosure programs.
The four proposals – which terminate the troubled Home Affordable Modification Program (HAMP), the Neighborhood Stabilization Program, the FHA Refinance Program, and the Emergency Homeowner… Read more »
Financial Services Committee Chairman Spencer Bachus today announced the Committee will convene a hearing on the Department of Housing and Urban Development’s budget request for Fiscal Year 2012. Secretary Shaun Donovan will be the hearing’s only witness. The hearing will take place on Tuesday, March 1st at 2 pm in room 2128 Rayburn.
Chairman Bachus said, “America… Read more »
Financial Services Committee Chairman Spencer Bachus today announced the Committee will convene a hearing with Treasury Secretary Timothy Geithner to review the Obama Administration’s report on housing finance. The hearing will be held on Tuesday, March 1st at 10 am in room 2128 Rayburn.
Chairman Bachus said, “Bringing a real end to the bailout of Fannie Mae and Freddie Mac is one of… Read more »
: Financial Services Committee Chairman Spencer Bachus today announced the committee’s planned hearing schedule for March 2011. Chairman Bachus said, “The Committee will continue our efforts to promote economic recovery and job creation. We are committed to ensuring government policies promote, rather than hinder, a stronger economy and more jobs. … Read more »
: Financial Services Committee Chairman Spencer Bachus made the following statement during a Full Committee hearing entitled, “Assessing the Regulatory, Economic and Market Implications of the Dodd-Frank Derivatives Title.” “Today the Committee will begin to assess the economic and market impacts of Title VII of the Dodd-Frank Act, which governs the regulation… Read more »
: Insurance, Housing, and Community Development Subcommittee Chairman Judy Biggert announced today the Subcommittee will hold a hearing to examine ways to facilitate private sector participation in the mortgage market. The hearing will take place on February 16th at 2 pm in room 2128 Rayburn. … Read more »
: Oversight and Investigations Subcommittee Chairman Randy Neugebauer announced the witnesses for a hearing to examine the taxpayer-funded expenditure of legal fees incurred by the former leadership of Fannie Mae and Freddie Mac. The hearing will be held on Tuesday, February 15th at 2pm in room 2128 Rayburn. Subcommittee Chairman Neugebauer said, “Legal fees expended… Read more »
: Financial Services Committee Chairman Spencer Bachus announced the witnesses for a hearing to examine the economic and market impact of the derivatives title of the Dodd-Frank Act. The hearing will take place on Tuesday, February 15 at 10 am in room 2128 Rayburn. Chairman Bachus said, “This is the first hearing to review the impact of the Dodd-Frank Act on the U.S. derivatives… Read more »
