News List

  • Financial Services Committee Faces Busy Agenda in September
    Aug 26, 2011 - WASHINGTON - The Financial Services Committee is facing a busy first half of September with 11 hearings over the course of seven days on topics ranging from terrorist financing to reform of the Securities and Exchange Commission. On Friday, Chairman Spencer Bachus announced the committee’s tentative... More
  • Bill Providing Critical Access To Tornado And Storm Warnings For Families Approved By Committee
    Jul 20, 2011 - The Financial Services Committee approved legislation sponsored by Chairman Spencer Bachus today to equip new manufactured homes with NOAA weather radios so residents can receive earlier storm warnings. The bill was approved by a voice vote. The bill, C.J.’s Home Protection Act (H.R. 1751), is named... More
  • Biggert: Subcommittee Will Evaluate Bill To Reform Section 8
    Jun 20, 2011 - The Insurance, Housing, and Community Opportunity Subcommittee, chaired by Rep. Judy Biggert, will examine a legislative proposal to improve the nation’s largest affordable housing program during a hearing on Thursday. The Section 8 housing voucher program, administered by the Department of Housing ... More
  • Bachus: Weak Job Report Underscores Importance Of Committee’s Work
    Jun 3, 2011 - Continuing the Committee’s focus on promoting job creation, improving the economy and reforming the nation’s housing system, Financial Services Committee Chairman Spencer Bachus announced the planned Committee schedule for the remainder of June. From the start of the 112th Congress, under Chairman B... More
  • Biggert Announces Subcommittee Hearing On Proposal To Strengthen FHA, RHS, and Ginnie Mae
    May 23, 2011 - Insurance, Housing and Community Opportunity Subcommittee Chairman Judy Biggert announced today the Subcommittee will meet for a legislative hearing on reforming the Federal Housing Administration, the Rural Housing Service, and Ginnie Mae. The hearing will take place on Wednesday, May 25 at 10 a.m.... More
  • Financial Services Committee Takes Action to Cut Spending and End Failed Government Programs
    May 18, 2011 - In order to get our economy growing, Congress must reduce government spending. Our nation faces a record-breaking deficit of $1.4 trillion dollars and a record-breaking debt of more than $14 trillion. We must get America’s fiscal house in order and stop spending money we don’t have. Republicans on t... More
  • Committee leaders demand answers about HOME program
    May 18, 2011 - Three leaders of the Financial Services Committee are asking HUD Secretary Shaun Donovan for detailed information about delayed housing projects and the agency’s oversight of its HOME program, which provides $2 billion a year to local housing agencies to build and renovate homes across the country. ... 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
  • 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. 836 - Emergency Homeowner Relief Program Termination Act
    Apr 13, 2011 - H.R. 836, introduced by Rep. Jeb Hensarling on February 28, 2011, ends HUD’s Emergency Homeowners Relief Program and prevents $1 billion from being spent on this program that increases struggling homeowners’ debts. Background: The Dodd-Frank Act established a $1 billion HUD Emergency Homeowner Reli... More