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Egregious Ex-Im Bank Deal of the Day
Aug 8, 2014
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e•gre•gious -- outstandingly bad; shocking. “While You’re Away on Vacation…” Before President Obama leaves tomorrow for his Martha’s Vineyard vacation, we have a suggested day-trip he could make when he gets bored after his umpteenth round of golf and the inevitable campaign fundraiser: he could vis...
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FSC Majority | Week in Review
Aug 1, 2014
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Committee Passes Federal Reserve Accountability and Bipartisan Regulatory Relief Bills On Wednesday the Full Committee passed 6 bills to provide transparency and accountability at the Federal Reserve, regulatory relief for the economy, and re-authorize the Native American Housing Assistance and Self...
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Egregious Ex-Im Bank Deal of the Day
Aug 1, 2014
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e·gre·gious -- outstandingly bad; shocking. “A Wealth of Political Connections” Connects Troubled Foreign Company to U.S. Taxpayers What do U.S. taxpayers, former Vice President Al Gore and former Gov. Bill Richardson have in common? Not long ago, Ex-Im’s taxpayer-backed loans for Abengoa were featu...
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Chairman Hensarling Statement on Obama’s Cheerleading for Ex-Im Reauthorization
Aug 1, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in reaction to President Obama’s call for Congress to reauthorize the Export-Import Bank: “Today, President Obama was cheerleading for the Export-Import Bank, which he once cheered against as a candidate...
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Egregious Ex-Im Bank Deal of the Day
Jul 30, 2014
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e·gre·gious -- outstandingly bad; shocking. Did an Ex-Im Project Lead to 27 Deaths? The Export-Import Bank’s approval of $3 billion in financing for a liquefied natural gas project in Papua New Guinea reportedly led to the deaths of 27 villagers who were killed on January 24, 2012 in a massive land...
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Financial Services Committee Passes Several Bipartisan Regulatory Relief Bills and Federal Reserve Oversight Legislation
Jul 30, 2014
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As part of its ongoing efforts to strengthen the economy and hold Washington accountable, the Financial Services Committee today passed several bipartisan regulatory relief bills and legislation to make the Federal Reserve more accountable and transparent. The committee also approved a five-year rea...
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GAO to Examine CFPB Culture, Management Practices in Light of Allegations
Jul 30, 2014
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The Government Accountability Office will look into the CFPB’s organizational culture and management practices in light of allegations that Bureau managers are discriminating against employees based on race and gender and retaliating against employees who complain, Rep. Patrick McHenry (R-NC) announ...
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Committee Approves Legislation to Bring Accountability, Transparency to the Federal Reserve
Jul 30, 2014
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Today, as part of its Federal Reserve Centennial Oversight Project, the House Financial Services Committee passed H.R. 5018, the Federal Reserve Accountability and Transparency Act. The bill, sponsored by Rep. Bill Huizenga (R-MI) and Rep. Scott Garrett (R-NJ), passed the committee 32-26. H.R. 5018 ...
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Hensarling Opening Statement at Full Committee Markup
Jul 29, 2014
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“Again, job number one will continue to be the creation of jobs and economic growth in this committee. These bills are designed to ensure just that.” CLICK HERE TO WATCH WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s...
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Hensarling: “It’s Important for Every Member of Congress to Understand the Full Extent of Ex-Im Corruption, Mismanagement and Cronyism Before Deciding Whether the Bank Should Continue.”
Jul 29, 2014
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about today’s hearing on allegations of corruption at the Export-Import Bank: "The Export-Import Bank has a long and unfortunate history when it comes to ethical lapses and mismanagement, and today we sh...
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