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The PATH Act Sustains the 30-Year Fixed Rate Mortgage

| Posted in Member Corner

Leaders of the Financial Services Committee have proposed the PATH Act – the Protecting American Taxpayers and Homeowners Act (.pdf) – to create a sustainable housing finance system for the 21st century. The proposal: Ends the taxpayer-funded bailout of Fannie Mae and Freddie Mac that has cost taxpayers nearly $200 billion – the largest bailout in history; Increases…

Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance System

| Posted in Press Releases

Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system.

Sunday Video Message | Rep. Keith Rothfus

| Posted in Member Corner

Pennsylvania Congressman Keith Rothfus (Facebook | Twitter) delivers this week's Sunday Video Message. He shares his reaction to Wednesday's full committee hearing on "Too Big to Fail" in the post-Dodd-Frank world. Spoiler Alert! Dodd-Frank did not, does not and will not end Too Big to Fail. 

Chairman Hensarling Opening Statement at Today's Full Committee Hearing on 'Too-Big-to-Fail' Post- Dodd-Frank

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing examining how the Dodd-Frank Act could result in more taxpayer-funded bailouts:    “Not long after the financial crisis arose in 2008, we heard the cry ‘Occupy Wall Street!’ Most Americans have never wanted to occupy Wall Street, they just…

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