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Chairman Bachus: Committee Will Review Administration’s Housing Finance Report

| Posted in Press Releases

Financial Services Committee Chairman Spencer Bachus today announced the Committee will convene a hearing with Treasury Secretary Timothy Geithner to review the Obama Administration’s report on housing finance. The hearing will be held on Tuesday, March 1st at 10 am in room 2128 Rayburn. Chairman Bachus said, “Bringing a real end to the bailout of Fannie Mae and Freddie Mac is one of…

Bachus: The Administration’s “Bailout Authority”: Assume We Have a Can-Opener?

| Posted in In Case You Missed It

Published: Wednesday, 15 Sep 2010 | 8:30 AM ET  CNBC As we mark the second anniversary of the Lehman bankruptcy and the AIG bailout, I am reminded of a joke that economists tell about themselves that goes something like this:   A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says,…