Financial Services Committee Chairman Spencer Bachus today made the following statement during a hearing with Federal Reserve Chairman Ben Bernanke on the state of the economy and monetary policy.
"In my opening statement today, I’m going to avoid making any predictions about future events since I do not have a crystal ball, nor do you, Chairman Bernanke. Instead, I’m going… Read more »
Financial Services Committee Chairman Spencer Bachus today praised the introduction of the JOBS Act, a bipartisan package of bills that have previously been approved by the Committee. The JOBS (Jumpstart Our Business Startups) Act was unveiled during a press conference Tuesday afternoon at the U.S. Capitol.
“Since the start of the 112th Congress, the Financial Services Committee… Read more »
The 2,300-page Dodd-Frank Act is a disastrous piece of legislation that is burdening the economy, increasing the size and scope of the Federal bureaucracy, and making the American financial system less transparent and less functional.
That is the conclusion of an in-depth article in The Economist titled “Too Big Not to Fail” that appears in the magazine’s Feb. 18 edition and is part of… Read more »
A U.S. House panel Thursday advanced bipartisan legislation to make it easier for smaller companies to launch initial public offerings, the latest in a series of bills designed to spur job creation.
The House Financial Services Committee voted 54-1 to pass the measure, which aims to improve smaller companies' access to capital by easing certain securities regulations, ranging from audit… Read more »
The Financial Services Committee on Thursday approved four bills aimed at bolstering job creation, capital markets and the economy.
“For more than a year now the Committee has led efforts to get Americans back to work by removing government barriers to a recovery. Our jobs agenda continued today with four additional bills that empower job creators to invest, hire and expand,” said… Read more »
A Financial Services subcommittee hearing on Wednesday will mark the first time Congress examines spending by the Consumer Financial Protection Bureau (CFPB).
The CFPB, which was created by the Dodd-Frank Act, is specifically designed to evade congressional oversight. The congressional appropriations process is the most time-tested method for monitoring the effectiveness of… Read more »
By: Rep. Jeb Hensarling
Politico
February 12, 2012 09:11 PM EST
As President Barack Obama continues his campaign for a second term, Americans must keep in mind that his major policy visions have already been legislated into reality — and reality has… Read more »
The Financial Services Committee will meet on Thursday to consider a package of bills aimed at removing government barriers to job creation and economic growth.
Under Chairman Spencer Bachus’ leadership, the Committee has led efforts to reduce regulatory barriers that hinder small businesses’ access to the capital markets. Since the beginning of 2011, the Committee has approved… Read more »
By Stacy Kaper
National Journal
President Obama took a jab at lawmakers this week, saying “Congress still needs to send me the bill I've proposed" on housing. But the White House has not sent any legislative language to Capitol Hill for lawmakers to consider, and does not intend to, according to sources briefed on the administration’s plans.
Although the White House says it often… Read more »
Financial Services Committee Chairman Spencer Bachus announced the Committee’s schedule for the second half of February.
All hearings and mark ups will take place in the Committee’s main hearing room, 2128 Rayburn. Witnesses for the hearings will be announced at later dates.
Wednesday, February 15:
The Oversight and Investigations Subcommittee will examine the budget of the… Read more »
