News List

  • Bills Bringing Oversight and Accountability to CFPB Approved by Committee
    May 13, 2011 - Three bills that will bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB) were approved by the House Financial Services Committee today. Financial Services Committee Chairman Spencer Bachus said, “Everyone on this Committee supports robust consumer pro... 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
  • Chairman Bachus Appoints Fincher To Financial Institutions And Oversight Subcommittees
    May 12, 2011 - WASHINGTON: Financial Services Committee Chairman Spencer Bachus welcomed Rep. Stephen Fincher (TN) to the Committee today. During the Full Committee mark up, Chairman Bachus offered a resolution appointing Rep. Fincher to the Financial Institutions and Consumer Credit Subcommittee, and the Oversigh... More
  • FACT CHECK on Ranking Member Barney Frank’s “believe it or not” claims on oil speculation and the CFPB
    May 11, 2011 - Claim: During a May 10 appearance on MSNBC, Ranking Member Barney Frank said, “We will be voting this week in the Committee on Financial Services on a Republican bill, believe it or not, which would make it impossible to deal with speculation in the oil industry.” FACT: Don’t believe it because this... More
  • Every Massive Government Bureaucracy Requires Oversight and Accountability – Including the CFPB
    May 10, 2011 - The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills to improve the Consumer Financial Protection Bureau (CFPB) on April 4th. On Thursday of this week, the Financial Services Committee is scheduled to markup all three of these bills,... More
  • Subcommittee Chairman Shelley Moore Capito on “Squawk Box"
    May 6, 2011 - Watch video of Rep. Shelley Moore Capito, Chairman of the Financial Institutions and Consumer Credit Subcommittee, discuss legislation to bring greater accountability and oversight to the powerful Consumer Financial Protection Bureau http://video.cnbc.com/gallery/?video=3000020286 More
  • Subcommittee Approves Bills To Promote Robust Consumer Protection, Improve CFPB
    May 4, 2011 - WASHINGTON: The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, approved three bills today to strengthen consumer protection and bring transparency, oversight and accountability to the Consumer Financial Protection Bureau (CFPB). On Thursday, May 12 the... More
  • Chairman Bachus: Commission For CFPB “Exactly What House Voted To Do Last Year”
    May 4, 2011 - WASHINGTON: Financial Services Committee Chairman Spencer Bachus made the following statement during consideration of three bills to promote robust consumer protection and improve the CFPB. “Today the Subcommittee is marking up three bills that will improve the Consumer Financial Protection Bureau.... 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. 1121, the Responsible Consumer Financial Protection Regulations Act
    Apr 26, 2011 - The Responsible Consumer Financial Protection Regulations Act establishes a bipartisan commission of five members at the Consumer Financial Protection Bureau (CFPB). H.R. 1121, introduced by Chairman Spencer Bachus facilitates robust consumer financial protection by empanelling a five-member Commiss... More