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Bachus Statement on Legislative Proposals for Financial Markets
Oct 7, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, released the following statement and documents today after receiving numerous inquiries from reporters on his proposals to help the financial markets. “During meetings in the past two weeks on legislative solution...
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Bachus Statement During Today's Press Conference Regarding the Emergency Economic Stabilization Act
Oct 2, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, made the following statement this afternoon in support of an amendment to the Emergency Economic Stabilization Act calling for congressional approval of any expenditures beyond $250 billion and the elimination of ...
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Bachus: SEC Needs to Study Impact of FASB's Proposed Changes to Accounting Contingencies
Oct 2, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, today urged the Securities and Exchange Commission (SEC) to thoroughly review the Financial Accounting Standards Board's (FASB) proposed changes to rules governing the treatment of certain contingent liabilities. ...
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Bachus Urges Committee Hearings on Mark to Market Accounting Rules
Oct 2, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, urged Chairman Barney Frank in a letter today to convene hearings on fair value or “mark to market” accounting and the extent to which these standards may have exacerbated the current credit crunch. Ranking Member...
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Bachus Statement on Agreement to 24 Hour Review
Sep 28, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, made the following statement today welcoming the news of allowing for the legislation to be made available at least 24 hours before congressional action. Ranking Member Bachus said, “The fact that this proposed le...
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Financial Markets Legislation House Expected to Consider
Sep 28, 2008
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Click here to view the financial markets legislation the House of Representatives is scheduled to consider. ###
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Bachus Urges Legislation Be Published 24 Hours in Advance of Vote
Sep 27, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, released the following statement today regarding financial markets legislation. "Because of the complexities of the legislation we are considering, it should be published at least 24 hours before any congressional...
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Bachus Statement Regarding Status of Financial Markets Legislation
Sep 25, 2008
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Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, made the following statement today: "As I made clear in the meeting this morning, I was not authorized by my colleagues to make any agreement on behalf of House Republicans. "There was progress on many issues, but...
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Speaker Pelosi Requested to Testify at Hearing on Financial Crisis
Sep 23, 2008
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On behalf of House Financial Services Committee Republicans, Ranking Member Spencer Bachus today sent a letter to Speaker Nancy Pelosi (CA) requesting that she testify at Wednesday’s Committee hearing on the state of the credit markets to discuss the legislative proposal currently under considerati...
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Bachus Statement on Tonight's Meeting of Republican Members of Financial Services Committee
Sep 22, 2008
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Ranking Member Spencer Bachus announced that 27 Republican Members of the Financial Services Committee and senior staff met for three hours tonight to discuss the complexities of the current market situation and the proposed legislation to address that issue which will be the subject of a hearing o...
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