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Chairman Bachus: Taxpayers Deserve Better Management of Bailed Out Companies Fannie, Freddie
Jun 21, 2011
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FHFA Must Implement Reforms Suggested By Inspector General Report Says Bachus Financial Services Committee Chairman Spencer Bachus made the following statement regarding a report released today by the Inspector General of the Federal Housing Finance Agency (FHFA) which found the FHFA lacks assurance...
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Chairman Bachus: Committee Continues Work To Implement Our Pledge
Jun 21, 2011
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Financial Services Committee Chairman Spencer Bachus said today the Committee will continue to focus on policies that promote jobs and economic development, build a stronger housing finance system, and protect taxpayers during the month of July. “Americans continue to suffer from the devastating imp...
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Committee to Vote on Bills Designed to Spur New Jobs, Cut Unnecessary Red Tape
Jun 20, 2011
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The Financial Services Committee on Wednesday will vote on several bills designed to spur private sector job growth and remove government barriers to job creation. “The burden of excessive regulations makes it harder for companies, particularly small businesses, to hire new workers. In fact, the Sma...
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Biggert: Subcommittee Will Evaluate Bill To Reform Section 8
Jun 20, 2011
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The Insurance, Housing, and Community Opportunity Subcommittee, chaired by Rep. Judy Biggert, will examine a legislative proposal to improve the nation’s largest affordable housing program during a hearing on Thursday. The Section 8 housing voucher program, administered by the Department of Housing ...
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Committee To Receive Monetary Policy Report From Federal Reserve Chairman Bernanke
Jun 17, 2011
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Financial Services Committee Chairman Spencer Bachus announced today that Federal Reserve Chairman Ben Bernanke will appear before the Committee on July 13 to deliver the semiannual Monetary Policy Report to the Congress. Chairman Bachus said, “Chairman Bernanke’s report comes at a critical time as ...
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Cyberattack on CIA Website “A Major Wakeup Call” for Country
Jun 16, 2011
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Bachus says Financial Services Committee hearing will examine threat posed by hackers WASHINGTON –Reports that the CIA was the victim of a cyberattack on Thursday underscore the seriousness of the threat posed by hackers and cybercriminals, said Financial Services Committee Chairman Spencer Bachus. ...
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Chairman Bachus: Tsunami of Regulatory Mandates Could Push Jobs “Right Out of the Country”
Jun 16, 2011
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WASHINGTON – Financial Services Committee Chairman Spencer Bachus made the following statement today during a Full Committee hearing to examine the international implications of the Dodd-Frank Act on U.S. economic competitiveness: “When President Obama signed the Dodd-Frank Act into law last summer,...
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Financial Services Committee to Examine Impact of Dodd-Frank Regulations on Jobs and U.S. Competitiveness
Jun 16, 2011
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WASHINGTON -- The Financial Services Committee will examine the international implications of the Dodd-Frank Act on U.S. economic competitiveness during a hearing on Thursday. “There is a widespread and growing concern that the Dodd-Frank Act with its 400 new regulations will lead to industry, capit...
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Financial Services Committee Hearing in Alabama Will Focus on Cybercrime Threat
Jun 9, 2011
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The Financial Services Committee, chaired by Rep. Spencer Bachus, will hold a hearing on June 29 at the National Computer Forensics Institute in Hoover, Alabama on the threat cybercriminals pose to individuals and financial institutions. The National Computer Forensics Institute trains law enforceme...
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Chairman Bachus: Jobs Are Top Concern as Committee Readies To Receive Treasury’s Report On International Financial System
Jun 8, 2011
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The Financial Services Committee, chaired by Rep. Spencer Bachus, will receive testimony from Treasury Secretary Timothy Geithner on the state of the international financial system at a hearing on Wednesday, June 15 at 10 a.m. in room 2128 Rayburn. Financial Services Committee Chairman Spencer Bachu...
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