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Chairman Bachus Statement During Derivatives Hearing

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: Financial Services Committee Chairman Spencer Bachus made the following statement during a Full Committee hearing entitled, “Assessing the Regulatory, Economic and Market Implications of the Dodd-Frank Derivatives Title.”   “Today the Committee will begin to assess the economic and market impacts of Title VII of the Dodd-Frank Act, which governs the regulation…

Witnesses Announced For Subcommittee Hearing on Taxpayer-Paid Legal Fees To Defend Fannie, Freddie, And Former Executives

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:   Oversight and Investigations Subcommittee Chairman Randy Neugebauer announced the witnesses for a hearing to examine the taxpayer-funded expenditure of legal fees incurred by the former leadership of Fannie Mae and Freddie Mac. The hearing will be held on Tuesday, February 15th at 2pm in room 2128 Rayburn.   Subcommittee Chairman Neugebauer said, “Legal fees expended…

Chairman Bachus Announces Witnesses For Committee Hearing To Evaluate Economic and Market Impact Of Derivatives Regulation

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: Financial Services Committee Chairman Spencer Bachus announced the witnesses for a hearing to examine the economic and market impact of the derivatives title of the Dodd-Frank Act. The hearing will take place on Tuesday, February 15 at 10 am in room 2128 Rayburn. Chairman Bachus said, “This is the first hearing to review the impact of the Dodd-Frank Act on the U.S. derivatives…

Capito Announces Subcommittee Hearing To Review Economic Impact of Interchange Fees

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: Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito announced today the Subcommittee will hold a hearing to review the Federal Reserve’s proposed rule on interchange fees. The hearing will take place on February 17th at 10 am in room 2128 Rayburn.   Subcommittee Chairman Capito said, “As Chairman of this Subcommittee, it is my intent…

Chairman Bachus Announces Hearing On Financial Crisis Inquiry Commission Report

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: Financial Services Committee Chairman Spencer Bachus announced the Committee will convene a hearing to review the reports issued by the Financial Crisis Inquiry Commission. The hearing will take place on Wednesday, February 16 at 10 am in room 2128 Rayburn.   Chairman Bachus said, “More than two years after the peak of the crisis, the taxpayer has been handed a $10 million…

Chairman Bachus Statement On Administration’s Housing Finance Report

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: Financial Services Committee Chairman Spencer Bachus issued the following statement regarding the report released this morning by the Obama Administration on reforming the country’s housing finance system and addressing the future of Fannie Mae and Freddie Mac: “The Administration’s report incorporates several elements of the plan that House Republicans proposed two…

Chairman Bachus: Expanding Regulatory State Threat To Economy And Constitutional Rights

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: Financial Services Committee Chairman Spencer Bachus made the following remarks on the House Floor in support of H.Res. 72. The resolution directs several House Committees to review existing, pending, and proposed regulations by Federal government agencies within its jurisdiction that impede private sector job creation and economic growth.  “Mr. Speaker, I commend my…

Neugebauer Announces Subcommittee Hearing on Taxpayer-Paid Legal Fees To Defend Fannie, Freddie, And Former Executives

| Posted in Press Releases

:   Oversight and Investigations Subcommittee Chairman Randy Neugebauer announced the Subcommittee will meet for a hearing to examine the taxpayer-funded expenditure of legal fees incurred by the former leadership of Fannie Mae and Freddie Mac. The hearing will be held on Tuesday, February 15th at 2pm in room 2128 Rayburn.   Subcommittee Chairman Neugebauer said, “Legal…

Bachus: Entrepreneurs And Workers Of America Will Lead Us To Economic Recovery, Not Government

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:   Financial Services Committee Chairman Spencer Bachus prepared statement for the Domestic Monetary Policy Subcommittee hearing entitled “Can Monetary Policy Really Create Jobs?” follows: “I commend Chairman Paul for choosing this topic for the first hearing of this subcommittee. “The nation’s unemployment rate has been consistently at or above 9…

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