News List

  • Financial Services Committee Releases September Schedule
    Aug 31, 2012 - Financial Services Committee Chairman Spencer Bachus on Thursday announced the Committee’s hearing schedule for the month of September. Hearing on the Terrorism Risk Insurance Act: On Tuesday, September 11, the Subcommittee on Insurance, Housing and Community Opportunity will hold a hearing to exami... More
  • Dodd-Frank is aimed at Wall Street. So why is it hurting the construction industry?
    Aug 24, 2012 - More evidence of the unintended consequences of the Dodd-Frank Act: “With passage of the Dodd-Frank law, the banking and financial services industries face uncertainty that has locked credit markets and access to capital. Many companies have viable, low-risk projects or contracts that simply need fu... More
  • Wall Street regulation is felt on Main Street
    Aug 22, 2012 - The following editorial appeared in the Aug. 22, 2012 edition of the Charleston Daily Mail: Wall Street regulation is felt on Main Street In the aftermath of the 2008 financial meltdown, Democrats were in control of both houses of Congress. They passed another law to rein in the banking industry, al... More
  • The Dodd-Frank Threat to U.S. Energy
    Aug 21, 2012 - The following column appeared in the Wall Street Journal on August 17, 2012: The Dodd-Frank Threat to U.S. Energy Intrusive new disclosure rules by the SEC would give state-owned oil firms a big advantage in world markets. By Jack Gerard In a fragile recovery with 8.3% unemployment, you'd think Cong... More
  • Dodd-Frank Dilemma
    Aug 20, 2012 - By Rep. Blaine Luetkemeyer I was more than a little annoyed recently during a committee hearing with a government official who seemed intent on defending an agency created by the troubling Dodd-Frank Act that is more interested in navel gazing than helping our nation’s small businesses. During the h... More
  • The Hill: House Financial Services field hearing looks at effects of Dodd-Frank regulations
    Aug 20, 2012 - Rep. Shelley Moore Capito (R-W.Va.) chaired a House Financial Services subcommittee hearing Monday on how new regulations are affecting financial institutions, particularly those in her home state. The Financial Institutions and Consumer Credit panel held the field hearing in Charleston, W.Va., cour... More
  • Chairman Bachus Says Treasury Action Makes It Less Likely Taxpayers Will Be Repaid for $200 Billion GSE Bailout
    Aug 17, 2012 - Financial Services Committee Chairman Spencer Bachus issued the following statement about the Treasury Department's decision on Friday to reduce the dividend rate paid to the Secretary of the Treasury on Senior Preferred Stock of Fannie Mae and Freddie Mac: “The Administration took its first step to... More
  • Capito Chairing Subcommittee Field Hearing in West Virginia on Monday
    Aug 16, 2012 - West Virginia-based financial institutions will have the opportunity on Monday to tell a Congressional subcommittee chaired by Rep. Shelley Moore Capito how new regulations are affecting their ability to stimulate local job growth. The House Subcommittee on Financial Institutions and Consumer Credit... More
  • Route 40 Tour
    Aug 16, 2012 - By Rep. Robert Hurt At a time when uncertainty from Washington has led us to nearly three-and-a-half years of more than 8 percent unemployment nationally, folks in Washington, D.C., are still calling for higher taxes and a bigger federal government that will only lead to more uncertainty. Just this ... More
  • 2,400 Miles From Wall Street…
    Aug 14, 2012 - The Idaho Statesman: Idaho Businesses Say They're Jittery Over Economic Climate August 13, 2012 By Bill Roberts Uncertainty over taxes, national debt, growing government regulation and health care reform is hurting business expansion and job creation in Idaho, some Southwest Idaho business owners an... More