Weekly Rundown
| Posted in Member Corner
Five hearings -- including Treasury Secretary Lew’s first testimony before a House committee since the IRS scandal -- make for another busy week at the House Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughout the week. Here’s what’s happening: On Tuesday the Financial Institutions… Weekend Must Reads
| Posted in Member Corner
Wall Street Journal: How to Let Too-Big-To-Fail Banks Fail Dodd-Frank does not end the threat of taxpayer bailouts. A reform to the bankruptcy code will do the trick. The Hill: Implementing the vision of financial reform There are three distinct phases of leadership when attempting to implement change: vision, structure and implementation. This same process can be applied… H.R. 1062 Requires SEC to Perform Cost-Benefit Analysis
| Posted in Member Corner
Capital Markets & GSE Subcommittee Chairman Scott Garrett stopped by to tell us about H.R. 1062, the SEC Regulatory Accountability Act. H.R. 1062 is common-sense legislation that essentially codifies President Obama's Executive Order No. 13563 with regard to the Securities and Exchange Commission. Media Buzz: SEC Flirts With Politically-Motivated Disclosure Rule
| Posted in Member Corner
At today's oversight hearing with SEC Chairman Mary Jo White, Chairman Hensarling said the IRS scandal causes Americans to wonder “just how pervasive the IRS’s tactics of harassment” are within the administration and whether a proposal before the SEC raises similar concerns that political opponents of the administration could be targeted. Garrett: We're Watching the SEC
| Posted in Member Corner
Yesterday, Capital Markets & GSE Subcommittee Chairman Scott Garrett held a roundtable discussion on stock market structure in New York. Before the event, Rep. Garrett took a few minutes to speak to CNBC’s Bob Pisani about the roundtable as well as his broader thoughts on the Securities and Exchange Commission in light of this week’s hearing with SEC Chairman Mary Jo White. Requiring Regulatory Accountability at the SEC
| Posted in Member Corner
Problem: As an independent agency, the Securities and Exchange Commission (SEC) is not currently subject to President Obama’s Executive Order No. 13563. The order directs non-independent executive branch agencies to perform a cost-benefit analysis on proposed regulations, tailor those regulations to impose the least burden on society, and… Weekly Rundown
| Posted in Member Corner
Three hearings, two suspensions and one rule bill on the floor makes for a busy week at the Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughout the week. Here’s what’s happening: On Wednesday the House will vote on two bipartisan bills under suspension of the rules. Bills under… Weekend Must Reads
| Posted in Member Corner
Bloomberg: Tea Party Rant II Awaits Next Homeowner Bailout On Feb. 19, 2009, CNBC editor Rick Santelli let loose on the floor of the Chicago Mercantile Exchange in response to President Barack Obama’s proposal to subsidize underwater mortgages. Santelli’s famous rant gave birth to the Tea Party. Obama’s proposal gave way to numerous initiatives, known by the catchy acronyms HAMP… Dodd-Frank's Gift to AIG
| Posted in Member Corner
This isn't what the American people expected when Dodd-Frank was passed and it's not at all what hardworking taxpayers deserve. H.R. 742 Increases Global Swaps Market Transparency and Regulatory Corporation
| Posted in Member Corner
Congressman Bill Huizenga joined us during the markup of H.R. 742 to discuss swap derivatives and why they're important to a range of industries and businesses. Browse Documents by Date or Issue |
