News List

  • Garrett Announces Subcommittee Hearing To Improve Whistleblower Provisions In Dodd-Frank
    May 9, 2011 - Capital Markets and Government Sponsored Enterprises Subcommittee Chairman Scott Garrett announced today the Subcommittee will meet for a hearing to examine legislative proposals to improve the whistleblower provisions in the Dodd-Frank Act. The hearing will take place on Wednesday, May 11 at 2 pm i... More
  • Subcommittee Chairman Shelley Moore Capito on “Squawk Box"
    May 6, 2011 - Watch video of Rep. Shelley Moore Capito, Chairman of the Financial Institutions and Consumer Credit Subcommittee, discuss legislation to bring greater accountability and oversight to the powerful Consumer Financial Protection Bureau http://video.cnbc.com/gallery/?video=3000020286 More
  • WSJ: Obama Anti-Foreclosure Efforts Still Falling Short
    May 6, 2011 - Obama Anti-Foreclosure Efforts Still Falling Short Wall Street Journal By: Alan Zibel May 6, 2011 The Obama administration’s efforts to tackle the foreclosure crisis have long been troubled, and data released Friday show that, despite some modest successes, they are still failing to meet expectation... More
  • Our first post
    May 5, 2011 - Welcome to the The Bottom Line, a new blog about financial regulation, financial services issues and housing policy from the House Financial Services Committee. It’s where Members of the Committee and Committee staff will help educate policy makers, market observers and constituents about the finan... More
  • Capital Markets Subcommittee Approves Bills To Promote Capital Formation And Job Creation
    May 4, 2011 - WASHINGTON: As the nation’s economy continues to struggle, the Capital Markets and Government Sponsored Enterprises Subcommittee approved bills on Wednesday that will promote job creation, economic growth and capital formation. The bills now move to the full Financial Services Committee for conside... More
  • Subcommittee Approves Bills To Promote Robust Consumer Protection, Improve CFPB
    May 4, 2011 - WASHINGTON: The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills today to strengthen consumer protection and bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB). On Thursday, May 12 the... More
  • Chairman Bachus: Commission For CFPB “Exactly What House Voted To Do Last Year”
    May 4, 2011 - WASHINGTON: Financial Services Committee Chairman Spencer Bachus made the following statement during consideration of three bills to promote robust consumer protection and improve the CFPB. “Today the Subcommittee is marking up three bills that will improve the Consumer Financial Protection Bureau.... More
  • WSJ: Overhaul Grows and Slows
    May 2, 2011 - What is 20 times taller than the Statue of Liberty, 15 times longer than "Moby Dick" and would take the average reader more than a month to read, even if you hunkered down with it for 40 hours a week? The answer: The growing paper trail formed by the Dodd-Frank law, passed by Congress last year to g... More
  • H.R. 1225, the GSE Debt Issuance Approval Act
    Apr 26, 2011 - The legislation, introduced by Rep. Steve Pearce, requires the Treasury Department to approve any new debt issuance by the GSEs. If Treasury approves a debt issuance, it must explain and justify its decision to Congress and the FHFA within seven days. The legislation limits the amount of GSE risk ta... More
  • H.R. 1062, the Burdensome Data Collection Relief Act
    Apr 26, 2011 - A provision added to the Dodd-Frank Act without any debate requires publicly traded companies to disclose their median annual total compensation of all employees. Two months after the Dodd-Frank Act was signed into law, the Financial Services Committee received testimony about the enormous burden a... More