Press Releases

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  • Bachus Statement on Administration's Consumer Financial Protection Agency
    Jun 30, 2009 - Congressman Spencer Bachus, the top Republican on the Financial Services Committee, made the following statement today regarding the Administration's legislative language to create a Consumer Financial Protection Agency: " The proposed CFPA appears to be premised on the idea that Washington is bett... More
  • Bachus Prepared Remarks During Press Conference on Waxman-Markey Bill
    Jun 19, 2009 - - Prepared remarks of Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, for today's press conference to discuss Committee jurisdiction issues in regards to the Waxman-Markey Bill follow: "It's essential that we have hearings on safely creating a massive, multi-trilli... More
  • Bachus Statement On The Administration's Regulatory Reform Plan
    Jun 17, 2009 - - Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, made the following statement regarding the Administration's regulatory reform plan: "Last week, House Republicans offered a comprehensive plan for regulatory reform that protects taxpayers, consumers, and investors ... More
  • Republicans Announce Comprehensive Regulatory Reform Plan
    Jun 11, 2009 - Plan Presents A Clear Exit Strategy From Taxpayer Funded Bailouts, While Modernizing the Financial Services Regulatory Structure Financial Services Committee Republican Leadership, led by Ranking Member Spencer Bachus (AL), unveiled their comprehensive plan to modernize the regulatory structure of ... More
  • Randazzo Joins Republican Committee Staff
    Jun 9, 2009 - June 9, 2009 Ranking Member Spencer Bachus announced the appointment of Vincent Randazzo as Deputy Staff Director, Communications. In this role, Randazzo will lead the strategic communications efforts at the Committee, including coordination with leadership and member offices. Ranking Member Bachus... More
  • Bachus Statement on Jefferson County Municipal Securities Probe
    May 8, 2009 - Congressman Spencer Bachus (AL), the top Financial Services Committee, made the following statement in response to news reports that JP Morgan is subject to an SEC investigation of its dealings with Jefferson County Alabama: "For 12 years I have been calling for greater disclosure and transparency ... More
  • Bachus Amendment to Protect Struggling Homeowners From Scams Wins House Approval
    May 7, 2009 - - Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, offered a commonsense amendment aimed at combating scam artists from preying upon struggling homeowners to a larger mortgage bill being considered by the House today. Before the House adopted the amendment, Bachus d... More
  • Bachus Statement on House Passage of Mortgage Legislation
    May 7, 2009 - - Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, issued the following statement: "I'm disappointed that Democrats worked to strip language that would have ensured that taxpayer funds could not be directed to activist groups under criminal indictment. American taxp... More
  • Bachus Statement on Stress Test Results
    May 7, 2009 - - Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, issued the following statement regarding the stress tests results: "It's troubling that the government is again changing the rules by redefining bank capital requirements, forcing banks to convert preferred stock to... More
  • Bachus Statement on Illegal Online Gambling Legislation
    May 6, 2009 - - Congressman Spencer Bachus (AL), the top Financial Services Committee Republican, issued the following statement on legislation introduced today that would allow illegal online gambling criminals to prey upon America's youth: "Illegal off-shore Internet gambling sites are a criminal enterprise an... More