-
Bills Bringing Oversight and Accountability to CFPB Approved by Committee
May 13, 2011
-
Three bills that will bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB) were approved by the House Financial Services Committee today. Financial Services Committee Chairman Spencer Bachus said, “Everyone on this Committee supports robust consumer pro...
More
-
Committee Maintains Focus on Economy and Jobs
May 13, 2011
-
Financial Services Committee Chairman Spencer Bachus announced the Committee’s planned schedule for the weeks of May 23 and May 30. The schedule shows the Committee will continue focusing on policies that encourage economic growth and job creation. “Promoting policies that will strengthen our econom...
More
-
Guest Blogger: Swagel: Reducing GSE Dividend Payments Would be a Gift from Taxpayers to Private Investors
May 12, 2011
-
Today at The Bottom Line we welcome a guest blogger, Phillip Swagel. Phillip is a Professor of International Economic Policy at the University of Maryland and a former Assistant Secretary for Economic Policy at the Treasury Department. His blog post is on the importance of Treasury continuing to req...
More
-
Chairman Bachus Appoints Fincher To Financial Institutions And Oversight Subcommittees
May 12, 2011
-
WASHINGTON: Financial Services Committee Chairman Spencer Bachus welcomed Rep. Stephen Fincher (TN) to the Committee today. During the Full Committee mark up, Chairman Bachus offered a resolution appointing Rep. Fincher to the Financial Institutions and Consumer Credit Subcommittee, and the Oversigh...
More
-
Democrats were for a CFPB commission…before they were against it
May 11, 2011
-
WASHINGTON – Attacks from Democrats claiming a bipartisan commission to oversee the Consumer Financial Protection Bureau (CFPB) is somehow “anti-consumer” ring hollow in light of the record. Until recently, many of these same Democrats supported, proposed and voted for exactly such a commission. Bel...
More
-
A case of “That was then; this is now”?
May 11, 2011
-
Earlier today, a coalition of liberals groups released a letter claiming a bill (H.R. 1121) putting a bipartisan commission in charge of the Consumer Financial Protection Bureau (CFPB) is bad for consumers. It cannot escape notice that these same liberal groups endorsed proposals by Democrats and th...
More
-
FACT CHECK on Ranking Member Barney Frank’s “believe it or not” claims on oil speculation and the CFPB
May 11, 2011
-
Claim: During a May 10 appearance on MSNBC, Ranking Member Barney Frank said, “We will be voting this week in the Committee on Financial Services on a Republican bill, believe it or not, which would make it impossible to deal with speculation in the oil industry.” FACT: Don’t believe it because this...
More
-
Every Massive Government Bureaucracy Requires Oversight and Accountability – Including the CFPB
May 10, 2011
-
The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills to improve the Consumer Financial Protection Bureau (CFPB) on April 4th. On Thursday of this week, the Financial Services Committee is scheduled to markup all three of these bills,...
More
-
How costly are the bailouts of Fannie Mae and Freddie Mac?
May 9, 2011
-
Source: AFIP and AIG: http://www.gao.gov/new.items/d11476t.pdf GSEs: http://www.fhfa.gov/webfiles/19846/FNMandFRECapital4Q10.pdf AFIP: Automotive Industry Financing Program (Contains bailouts for GM, Chrysler and GMAC/Ally Financial)
More
-
Paul: Subcommittee To Explore Relationship Between Federal Reserve And Government Debt
May 9, 2011
-
Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced today the Subcommittee will hold a hearing entitled “Monetary Policy and the Debt Ceiling: Examining the Relationship Between the Federal Reserve and Government Debt.” The hearing will explore the fundamental role that ...
More
|
