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  • 7/21/14 Weekly Rundown
    Jul 21, 2014 - On Wednesday at 10:00 a.m. the Full Committee will hold a hearing to assess the impact of the Dodd-Frank Act on its four-year anniversary. To view the committee staff report on “too big to fail” that was released today, click here. On Thursday at 10:00 a.m. the Capital Markets and Government Sponsor... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 21, 2014 - With One Hand U.S. Sanctions Russian Companies, But With the Other… The Export-Import Bank is financing deals with Russian companies hit by U.S. sanctions this past week. Two of the four Russian firms targeted with new sanctions announced last week by the Obama administration have received more than... More
  • FSC Majority | Week in Review
    Jul 18, 2014 - Full Committee Receives Semi-Annual Testimony on Monetary Policy and the State of the Economy On Wednesday, the full committee held a hearing to receive the semi-annual testimony from Federal Reserve Chair Janet Yellen on the conduct of monetary policy and the state of the economy. Members of the co... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 18, 2014 - Ex-Im and the Democratic Republic of the Congo President Obama and the First Lady pose with Denis Sassou-Nguesso, President of the DRC, and his wife, Mrs. Antoinette Sassou-Nguesso. The U.S. Statement Department reports the Democratic Republic of the Congo (DRC) is a country with “major human right... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 17, 2014 - $10.3 Million: Ex-Im Acted “Fast” for Crony-Connected Solyndra “Ugh.” That’s exactly how taxpayers feel after losing money not just once but twice on the crony-connected and now-failed solar panel manufacturer Solyndra. Interestingly, both projects for Solyndra were dealt with rather quickly by the... More
  • Chairman Hensarling Discusses Federal Reserve Oversight, Dodd-Frank Anniversary on CNBC
    Jul 17, 2014 - House Financial Services Committee Chairman Jeb Hensarling appeared this morning on CNBC’s Squawk on the Street to discuss the Committee’s Federal Reserve Centennial Oversight Project and the fourth anniversary of the Dodd-Frank Act being signed into law. CLICK HERE TO WATCH Hensarling on yesterday’... More
  • ICYMI - Egregious Ex-Im Bank Deal of the Day
    Jul 16, 2014 - Why Are American Taxpayers Financing an Aquarium in Brazil? A rendering of the Acquario Aquarium in Fortaleza, Brazil (Ex-Im Release) Brazilians still embarrassed by their team’s stunning loss to Germany in the World Cup will soon be able to seek refuge in this “spectacular aquarium on the beach in... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 15, 2014 - e·gre·gious -- outstandingly bad; shocking It pays to have cronies in high places, especially at the Export-Import Bank it seems. The Ex-Im Bank gave millions in taxpayer-backed loans for Spanish green energy company Abengoa International – while former Gov. Bill Richardson (D-NM) sat on the adviso... More
  • The Six Biggest Inaccuracies in the July 10 Bloomberg Businessweek Article Regarding the CFPB’s Building Renovations
    Jul 15, 2014 - Inaccuracy #1: “When the U.S. Consumer Financial Protection Bureau opened in 2011, the best available government office space large enough to accommodate its thousand-plus employees was a run-down concrete building on G Street near the White House that once housed the now-defunct Office of Thrift Su... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 14, 2014 - Americans are increasingly alarmed about Russia’s nationalism and military aggression (just look at this week’s Pew Research poll), but the Export-Import Bank doesn’t seem to care. In fact, Ex-Im’s financing of Russian projects jumped 177% during Fiscal Year 2013 to a record $580 million. (Ex-Im Ban... More