Weekend Must Reads
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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
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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
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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. Weekend Must Reads
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George Will: Courts and Congress give Obama adult supervision Rep. Jeb Hensarling (R-Tex.), chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess appointment to make Cordray director of the Consumer Financial Protection Bureau. But a… Weekend Must Reads
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Wall Street Journal’s Mary Kissel: Disdain for the Courts The House Financial Services Committee disinvited Consumer Financial Protection Bureau chief Richard Cordray from testifying Tuesday, noting President Obama's non-recess, recess appointment of Mr. Cordray and a January D.C. Circuit Court of Appeals decision, Noel Canning v. NLRB, that invalidated other… Committee Will Follow the Law on CFPB Testimony
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Chairman Jeb Hensarling announced this week that the committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is legally installed as the CFPB Director. However, the committee will continue to conduct rigorous oversight of the CFPB, and has already invited CFPB officials to… Chairman Hensarling Honors Victims of 16th Street Church Bombing
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H.R. 360 posthumously bestows Congress's highest civilian honor -- the Congressional Gold Medal -- to Addie Mae Collins, Cynthia Wesley, Carole Robertson and Denise McNair. What They're Saying: CFPB Director Appointment is Invalid, Illegal, Unconstitutional
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“President Obama's attempt to unilaterally appoint three people to seats on the National Labor Relations Board and Richard Cordray to head the new Consumer Financial Protection Bureau is more than an unconstitutional attempt to circumvent the Senate's advise-and-consent role. It is a breathtaking violation of the separation of powers and the… Wagner: It’s past time for the SEC to implement the JOBS Act
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By Ann Wagner A little over a year ago, Congress passed the Jumpstart Our Business Startups (JOBS) Act. The JOBS Act was designed to make it easier for entrepreneurs to raise capital and turn their ideas into job-creating businesses that might one day go public. At a time of slow growth and high unemployment, the JOBS Act was a big win for the… Weekend Must Reads
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WSJ-MarketWatch: How Thatcher would have fixed the financial crisis She ignored conventional wisdom, acted on her beliefs UK Telegraph: The IMF is flunking the financial crisis By turning its fire on Britain, the IMF gives the impression it is out of ideas and solutions Financial Times: Wake up to the #Twitter effect on markets Investors need to spend more time thinking… Browse Documents by Date or Issue |
