Three bills that will bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB) were approved by the House Financial Services Committee today.
Financial Services Committee Chairman Spencer Bachus said, “Everyone on this Committee supports robust consumer protection. But there must be real oversight and accountability of every… Read more »
Financial Services Committee Chairman Spencer Bachus announced the Committee’s planned schedule for the weeks of May 23 and May 30. The schedule shows the Committee will continue focusing on policies that encourage economic growth and job creation.
“Promoting policies that will strengthen our economy and create jobs remains our Committee’s top priority,” said Chairman… Read more »
WASHINGTON: Financial Services Committee Chairman Spencer Bachus welcomed Rep. Stephen Fincher (TN) to the Committee today. During the Full Committee mark up, Chairman Bachus offered a resolution appointing Rep. Fincher to the Financial Institutions and Consumer Credit Subcommittee, and the Oversight and Investigations Subcommittee. Rep. Fincher is filling the vacancy left by… Read more »
Claim: During a May 10 appearance on MSNBC, Ranking Member Barney Frank said, “We will be voting this week in the Committee on Financial Services on a Republican bill, believe it or not, which would make it impossible to deal with speculation in the oil industry.”
FACT: Don’t believe it because this allegation is simply untrue. The Commodity Futures Trading Commission… Read more »
The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills to improve the Consumer Financial Protection Bureau (CFPB) on April 4th. On Thursday of this week, the Financial Services Committee is scheduled to markup all three of these bills, which are:
The Responsible Consumer Financial Protection Regulations Act of 2011,… Read more »
Watch video of Rep. Shelley Moore Capito, Chairman of the Financial Institutions and Consumer Credit Subcommittee, discuss legislation to bring greater accountability and oversight to the powerful Consumer Financial Protection Bureau
http://video.cnbc.com/gallery/?video=3000020286 Read more »
WASHINGTON: The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills today to strengthen consumer protection and bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB). On Thursday, May 12 the Full Committee will meet to consider the bills. To view summaries of the bills as… Read more »
WASHINGTON: Financial Services Committee Chairman Spencer Bachus made the following statement during consideration of three bills to promote robust consumer protection and improve the CFPB.
“Today the Subcommittee is marking up three bills that will improve the Consumer Financial Protection Bureau. One of the bills is legislation I’ve introduced, H.R. 1121,… Read more »
What is 20 times taller than the Statue of Liberty, 15 times longer than "Moby Dick" and would take the average reader more than a month to read, even if you hunkered down with it for 40 hours a week?
The answer: The growing paper trail formed by the Dodd-Frank law, passed by Congress last year to give U.S. financial regulations their biggest overhaul since the Great Depression.… Read more »
The Responsible Consumer Financial Protection Regulations Act establishes a bipartisan commission of five members at the Consumer Financial Protection Bureau (CFPB). H.R. 1121, introduced by Chairman Spencer Bachus facilitates robust consumer financial protection by empanelling a five-member Commission to carry out all of the duties that would otherwise fall to the… Read more »
