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Sunday Video Message | Rep. Robert Pittenger

| Posted in Member Corner

Congressman Robert Pittenger (Twitter | Facebook) delivers this week's Sunday Video Message on the dangerously unaccountable Consumer Financial Protection Bureau (CFPB). The committee approved six bills to reform the CFPB last week. 

Financial Times: Winding down Fannie and Freddie

| Posted in Member Corner

  Editorial | November 20, 2013 It has been five years since Lehman Brothers collapsed and longer since the US subprime bubble burst. Yet plans to reform Fannie Mae and Freddie Mac – the government-sponsored behemoths that underwrite the US housing market – are little nearer to completion. Both Republicans and the Obama administration…

Weekly Rundown

| Posted in Member Corner

The House is in session Monday through Thursday this week. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for committee specific information as the week progresses.  Here's what's happening:  On Tuesday morning at 10 a.m., the Oversight & Investigations Subcommittee undertakes a general overview of disparate impact…

Weekend Must Reads

| Posted in Member Corner

Wall Street Journal | Affordable Housing Is What You Can Afford American Action Forum President Douglas Holtz-Eakin on a Senate housing “reform” bill that includes provisions for politically motivated lending.  Baltimore Sun | Consumer protection bureau fails to protect A report by a Bipartisan Policy Center task force comes after almost a year's worth…

CBO: PATH Act Reduces Deficit by $5.7 Billion

| Posted in Press Releases

The non-partisan, independent Congressional Budget Office (CBO) reports the Protecting American Taxpayers and Homeowners Act (PATH Act) that the House Financial Services Committee passed in July will slash the federal budget deficit by $5.7 billion over the next 10 years.