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Neugebauer Announces Subcommittee Hearing To Review Economic And Budgetary Costs of Dodd-Frank Implementation

| Posted in Press Releases

The Oversight and Investigations Subcommittee, chaired by Rep. Randy Neugebauer, will hold a hearing to examine the costs and economic impact associated with implementing the Dodd-Frank Act. The hearing will take place on Wednesday, March 30 at 2 p.m. in room 2128 Rayburn.   Subcommittee Chairman Neugebauer said, “We knew the Dodd-Frank Act would result in a bigger federal…

Chairman Bachus Statement During Oversight Hearing on Consumer Financial Protection Bureau

| Posted in Press Releases

Financial Services Committee Chairman Spencer Bachus made the following statement during a Subcommittee hearing on the Consumer Financial Protection Bureau. “The Consumer Financial Protection Bureau was the crown jewel of the 2,300-page Dodd-Frank Act that President Obama signed into law last July.  This new bureaucracy, which will be headed by one person, a director as opposed to…