: Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito announced today the Subcommittee will hold a hearing to review the Federal Reserve’s proposed rule on interchange fees. The hearing will take place on February 17th at 10 am in room 2128 Rayburn. Subcommittee Chairman Capito said, “As Chairman of this Subcommittee, it is my intent… Read more »
: Financial Services Committee Chairman Spencer Bachus announced the Committee will convene a hearing to review the reports issued by the Financial Crisis Inquiry Commission. The hearing will take place on Wednesday, February 16 at 10 am in room 2128 Rayburn. Chairman Bachus said, “More than two years after the peak of the crisis, the taxpayer has been handed a $10 million… Read more »
: Financial Services Committee Chairman Spencer Bachus issued the following statement regarding the report released this morning by the Obama Administration on reforming the country’s housing finance system and addressing the future of Fannie Mae and Freddie Mac: “The Administration’s report incorporates several elements of the plan that House Republicans proposed two… Read more »
: Financial Services Committee Chairman Spencer Bachus made the following remarks on the House Floor in support of H.Res. 72. The resolution directs several House Committees to review existing, pending, and proposed regulations by Federal government agencies within its jurisdiction that impede private sector job creation and economic growth. “Mr. Speaker, I commend my… Read more »
: Oversight and Investigations Subcommittee Chairman Randy Neugebauer announced the Subcommittee will meet 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… Read more »
: Financial Services Committee Chairman Spencer Bachus prepared statement for the Domestic Monetary Policy Subcommittee hearing entitled “Can Monetary Policy Really Create Jobs?” follows: “I commend Chairman Paul for choosing this topic for the first hearing of this subcommittee. “The nation’s unemployment rate has been consistently at or above 9… Read more »
: Financial Services Committee Chairman Spencer Bachus announced today the Committee will meet 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… Read more »
: Financial Services Committee Chairman Spencer Bachus and Capital Markets Subcommittee Chairman Scott Garrett sent a letter today to financial regulators, national equities, options and futures exchanges requesting information regarding the protocols in place to ensure the integrity of their trading systems. The lawmakers made the request following reports that hackers… Read more »
: Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced the witnesses for the Subcommittee’s hearing to examine the impact of Federal Reserve policies on job creation and the unemployment rate. The hearing will be held on Wednesday, February 9th at 10 am in room 2128 Rayburn. Subcommittee Chairman Paul said, “I’m very pleased to… Read more »
: Capital Markets Subcommittee Chairman Scott Garrett announced today the Subcommittee will convene a hearing on reforming Fannie Mae and Freddie Mac. The hearing will be held on Wednesday, February 9th at 2 pm in room 2128 Rayburn. Subcommittee Chairman Garrett said, “This hearing will be the first in a series of hearings to examine the steps Congress can take right now… Read more »
