News List

  • Chairman Bachus Statement On Signing Of JOBS Act Into Law
    Apr 5, 2012 - Financial Services Committee Chairman Spencer Bachus made the following statement on the signing of the JOBS Act. The JOBS Act is bipartisan legislation to help small companies and entrepreneurs start up their businesses, access capital and create jobs. “Our number one priority is job creation. With... More
  • Chairman Bachus Delivers Opening Statement At Hearing On CFPB
    Mar 29, 2012 - Financial Services Committee Chairman Spencer Bachus delivered the following statement during a hearing to receive the semiannual report from the Consumer Financial Protection Bureau (CFPB). "The CFPB is an independent federal agency whose authority is unprecedented and far-reaching. Title X of the ... More
  • Bipartisan JOBS Act Passes House 380-41
    Mar 27, 2012 - The House today gave final approval to a bipartisan Financial Services Committee bill that eases the burden of certain regulations in order to boost startup companies and promote the creation of new jobs. The JOBS Act – short for Jumpstart Our Business Startups – now goes to the President for his ex... More
  • Committee Approves Bills to Fix Dodd-Frank Derivatives Title, Strengthen FHA
    Mar 27, 2012 - The Financial Services Committee, chaired by Rep. Spencer Bachus, approved two bills today to fix derivatives provisions of the Dodd-Frank Act. “These bipartisan bills help bring more clarity and transparency to the marketplace, and the result is greater certainty for job creators at a time our econ... More
  • House Approves Bipartisan Bills From the Financial Services Committee
    Mar 26, 2012 - The House on Monday gave its approval to two bipartisan bills that originated in the House Financial Services Committee. The bills will help clarify and alleviate the burdens placed on job-creators by certain Dodd-Frank Act regulations. “Washington continually shackles the private sector with punish... More
  • Subcommittee Investigates MF Global’s Final Days
    Mar 23, 2012 - NOTE: Accredited media planning to attend the hearing should send an email here to reserve a seat. Decisions and events during the final days of MF Global that led to the disappearance of up to $1.6 billion in customer funds will be the focus of a congressional subcommittee hearing on Wednesday. Sin... More
  • NY Fed President Dudley to Appear at Hearing on Eurozone Aid
    Mar 22, 2012 - The Domestic Monetary Policy and Technology Subcommittee, chaired by Rep. Ron Paul, will hold a hearing on Tuesday to examine the Federal Reserve’s assistance to the Eurozone and the impact that assistance has on the U.S. monetary system and the dollar. New York Federal Reserve President and CEO Wil... More
  • Subcommittee Votes to Subpoena Witness for MF Global Hearing
    Mar 21, 2012 - As part of its ongoing investigation into the collapse of MF Global and missing customer funds, the Financial Services Subcommittee on Oversight and Investigations voted today to subpoena Edith O’Brien, the assistant treasurer at the time the company declared bankruptcy. O’Brien is directed to testi... More
  • Financial Services Committee Begins In-Depth Look at “The Future of Money”
    Mar 21, 2012 - Cell phone-based retail payments, the metallic content of circulating coins and other issues involved with value transfers in retail settings will be featured in a series of hearings that begin this week in the Financial Services Committee. Dubbed “The Future of Money,” the series starts Thursday at... More
  • The Chicago Tribune: An American Growth Bill
    Mar 21, 2012 - Not to be missed is Wednesday’s Chicago Tribune editorial on the JOBS Act, a package of six bills from the Financial Services Committee that will promote innovation, economic growth and jobs. The JOBS Act – short for Jumpstart Our Business Startups – is a “rare example of bipartisanship” in today’s ... More