News List

  • Weekly Rundown
    May 20, 2013 - Five hearings -- including Treasury Secretary Lew’s first testimony before a House committee since the IRS scandal -- make for another busy week at the House Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughou... More
  • Weekend Must Reads
    May 18, 2013 - Wall Street Journal: How to Let Too-Big-To-Fail Banks Fail Dodd-Frank does not end the threat of taxpayer bailouts. A reform to the bankruptcy code will do the trick. The Hill: Implementing the vision of financial reform There are three distinct phases of leadership when attempting to implement chan... More
  • H.R. 1062 Requires SEC to Perform Cost-Benefit Analysis
    May 17, 2013 - Capital Markets & GSE Subcommittee Chairman Scott Garrett stopped by to tell us about H.R. 1062, the SEC Regulatory Accountability Act. H.R. 1062 is common-sense legislation that essentially codifies President Obama's Executive Order No. 13563 with regard to the Securities and Exchange Commission. ... More
  • Chairman Hensarling Floor Remarks on H.R. 1062, the SEC Regulatory Accountability Act
    May 17, 2013 - House Financial Services Committee Chairman Jeb Hensalring (R-TX) delivered the following statement on the House floor today in support of H.R. 1062, the SEC Regulatory Accountability Act: “I rise today to urge the adoption of H.R. 1062. This is a bill that technically is about something called ‘co... More
  • Hensarling: IRS Scandal Raises Concerns About “Tactics of Harassment” within the Administration
    May 16, 2013 - At an oversight hearing on the Securities and Exchange Commission (SEC) today, Financial Services Committee Chairman Jeb Hensarling (R-TX) said the IRS scandal causes Americans to wonder “just how pervasive the IRS’s tactics of harassment” are within the administration and whether a proposal before... More
  • Media Buzz: SEC Flirts With Politically-Motivated Disclosure Rule
    May 16, 2013 - At today's oversight hearing with SEC Chairman Mary Jo White, Chairman Hensarling said the IRS scandal causes Americans to wonder “just how pervasive the IRS’s tactics of harassment” are within the administration and whether a proposal before the SEC raises similar concerns that political opponents ... More
  • Hearing Explores Government Role in Multifamily and Health Care Facilities Mortgage Insurance and Reverse Mortgages
    May 16, 2013 - The Financial Services Housing and Insurance Subcommittee continued its examination of the troubled Federal Housing Administration (FHA) today with a hearing that focused on several of the agency’s programs that operate outside its mission. This was the subcommittee’s third hearing this year examini... More
  • Oversight and Investigations Subcommittee Continues Review of ‘Too Big to Fail’
    May 15, 2013 - The Oversight and Investigations Subcommittee continued its review of the Dodd-Frank Act’s failure to end “Too Big to Fail” with a hearing on Wednesday that focused on the Act’s bailout regime. Although it has been nearly three years since Dodd-Frank became law, relatively little attention has been... More
  • House Passes JOBS Act Deadline Bill and Homes for Heroes Act
    May 15, 2013 - The House of Representatives today passed two bipartisan Financial Services Committee bills, including one that sets a deadline for the Securities and Exchange Commission (SEC) to implement a key provision of the JOBS Act. By a vote of 416-6, the House gave its approval to H.R. 701, a bipartisan bi... More
  • Garrett: We're Watching the SEC
    May 14, 2013 - Yesterday, Capital Markets & GSE Subcommittee Chairman Scott Garrett held a roundtable discussion on stock market structure in New York. Before the event, Rep. Garrett took a few minutes to speak to CNBC’s Bob Pisani about the roundtable as well as his broader thoughts on the Securities and Exchange... More