Weekly Rundown
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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 throughout the week. Here’s what’s happening: On Tuesday the Financial Institutions… Weekend Must Reads
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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 change: vision, structure and implementation. This same process can be applied… H.R. 1062 Requires SEC to Perform Cost-Benefit Analysis
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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. Chairman Hensarling Floor Remarks on H.R. 1062, the SEC Regulatory Accountability Act
| Posted in Press Releases
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 Accountability Act. Hensarling: IRS Scandal Raises Concerns About “Tactics of Harassment” within the Administration
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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 the SEC raises similar concerns that political opponents of the administration could be targeted. Media Buzz: SEC Flirts With Politically-Motivated Disclosure Rule
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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 of the administration could be targeted. Hearing Explores Government Role in Multifamily and Health Care Facilities Mortgage Insurance and Reverse Mortgages
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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. Oversight and Investigations Subcommittee Continues Review of ‘Too Big to Fail’
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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. House Passes JOBS Act Deadline Bill and Homes for Heroes Act
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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. Garrett: We're Watching the SEC
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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 Commission in light of this week’s hearing with SEC Chairman Mary Jo White. Browse Documents by Date or Issue |
