Weekly Rundown
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We’ll hold four hearings -- including full committee action on sustainable housing finance reform -- this week in addition to our three (and a half) bills on the House Floor. 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: We’re told on Tuesday the Rules Committee will meet… Hearing Examines Role of Proxy Advisory Firms
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The Capital Markets and Government Sponsored Enterprises Subcommittee today examined the role proxy advisory firms play in corporate governance and what can be done to reduce the complexity and increase transparency of the proxy system. Chairman Hensarling Announces Upcoming Committee Schedule
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of June. Chairman Hensarling Announces New Subcommittee Assignments for Two Members
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). H.R. 1062 Requires SEC to Perform Cost-Benefit Analysis
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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. Subcommittees Hear From Experts on Harmful Consequences of QE and the GSEs
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“We talked about cash on balance sheets not deployed…People just sitting on cash because interest rates are too low and returns are too low now, but they think that they will go up in the future. So, everyone just sits until the Fed takes action. Rather than trying to read the market, they are trying to read what the Fed is going to do - which is… INFOGRAPHIC: The Government Housing Policy-Driven Fall of Fannie Mae & Freddie Mac
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Many of the interest groups that directly benefit from large subsidizations in the housing market continue to state that Fannie and Freddie fell victim to the bad private market participants. This suggestion is completely false. It was government housing policy, coupled with loose money from the Federal Reserve, that caused the housing bubble and those are the areas where we must focus reform. Subcommittee Chairman Scott Garrett Opening Statement at Capital Markets and Government Sponsored Enterprises Subcommittee Hearing
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Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee Chairman Scott Garrett (R-NJ) delivered the following opening statement at today's hearing. Chairman Bachus Delivers Opening Statement At FSOC Hearing
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Financial Services Committee Chairman Spencer Bachus made the following statement today during a Full Committee hearing with Treasury Secretary Tim Geithner on the first report of the Financial Stability Oversight Council (FSOC). "Mr. Secretary, this morning you were quoted as saying that 'the biggest risk we face is financial institutions not taking enough risk.' Secretary… Committee to Receive Annual Report of the Financial Stability Oversight Council
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Treasury Secretary Timothy Geithner will testify before the Financial Services Committee on Thursday about efforts to implement regulatory reforms and identify emerging threats to the nation’s financial stability. Secretary Geithner will deliver to the Committee the annual report of the Financial Stability Oversight Council (FSOC), which was established by the Dodd-Frank Act to… Browse Documents by Date or Issue |
