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Chairman Bachus: Committee Will Review Administration’s Housing Finance Report

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Financial Services Committee Chairman Spencer Bachus today announced the Committee will convene a hearing with Treasury Secretary Timothy Geithner to review the Obama Administration’s report on housing finance. The hearing will be held on Tuesday, March 1st at 10 am in room 2128 Rayburn. Chairman Bachus said, “Bringing a real end to the bailout of Fannie Mae and Freddie Mac is one of…

Chairman Bachus Announces Planned Committee Schedule for March

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:   Financial Services Committee Chairman Spencer Bachus today announced the committee’s planned hearing schedule for March 2011.   Chairman Bachus said, “The Committee will continue our efforts to promote economic recovery and job creation.  We are committed to ensuring government policies promote, rather than hinder, a stronger economy and more jobs. …

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…