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  • Chairman Bachus Comments on Legal Challenge to Dodd-Frank Act
    Jun 21, 2012 - Financial Services Committee Chairman Spencer Bachus, who has introduced legislation approved by the House to place the Consumer Financial Protection Bureau (CFPB) under the leadership of a five-member, bipartisan commission, released the following statement about a lawsuit filed in federal court to... More
  • Bachus: Capital Protects Taxpayers Against Too Big to Fail Banks
    Jun 19, 2012 - Financial Services Committee Chairman Spencer Bachus today delivered the following statement at the committee's hearing on bank supervision and risk management in relation to the recent JPMorgan Chase trading loss: "Today the Committee meets to examine bank supervision and risk management in light o... More
  • Subcommittee to Assess Market Structure and Impact on Innovation, Competition and Quality
    Jun 19, 2012 - Financial Services subcommittee hearing on Wednesday will examine the U.S. equity markets and how the current market structure impacts smaller issuers. “Ensuring we have the deepest, most vibrant capital markets in the world is my top priority as Chairman of the Capital Markets Subcommittee. I’m loo... More
  • Chairman Bachus Announces Committee Schedule
    Jun 8, 2012 - Financial Services Committee Chairman Spencer Bachus today announced the schedule for the remainder of June 2012. The Committee’s schedule remains tentative and will depend upon witness availability and other factors that may require changes. Therefore, each meeting will become final only when the o... More
  • Chairman Bachus: Bipartisan Bill Closes Oversight Gap That Puts Investing Public at Risk
    Jun 6, 2012 - Financial Services Committee Chairman Spencer Bachus on Wednesday delivered the following statement at a hearing on the "Investment Adviser Oversight Act of 2012," bipartisan legislation he has introduced to improve investor protections. "This morning the Committee will examine bipartisan legislatio... More
  • Subcommittee to Assess Negative Impact Administration Actions Are Having on U.S. Investors
    Jun 6, 2012 - The Subcommittee on Capital Markets and Government Sponsored Enterprises will meet for a hearing on Thursday to examine recent actions taken by the Obama Administration that have favored particular groups at the expense of U.S. investors. “We are holding this hearing to examine a number of actions t... More
  • Committee Examines Bipartisan Bill to Protect Investors
    Jun 5, 2012 - The Financial Services Committee will meet on Wednesday to discuss bipartisan legislation designed to protect investors by increasing the examination rate of retail investment advisers. The legislation, introduced by Chairman Spencer Bachus and Rep. Carolyn McCarthy, authorizes one or more self-regu... More
  • Credit Regulation That Discriminates Against Stay-At-Home Spouses to be Focus of Subcommittee Hearing
    Jun 5, 2012 - A Financial Services Subcommittee on Wednesday will examine a Federal Reserve rule that discriminates against stay-at-home moms and other spouses who earn less than their husband or wife. The Federal Reserve rule requires lenders to consider individual rather than household income when determining w... More
  • Chairman Bachus Statement On May Jobs Report
    Jun 1, 2012 - -Financial Services Committee Chairman Spencer Bachus released the following statement concerning the May jobs report released on Friday: “The Administration’s policies are just not working. This month marks the third anniversary of what was technically the end of the recession. But for millions of ... More
  • Committee Announces Schedule of Upcoming Hearings
    May 23, 2012 - Financial Services Committee Chairman Spencer Bachus announced the Committee’s schedule of upcoming hearings. May 31: The Financial Services Committee will mark up H.R. 1588, the Consumer Rental Purchase Agreement Act, and H.R. 3128. The markup will take place at 10 a.m. in room 2128 Rayburn House O... More