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Bachus and Capito Invite Warren To Clarify or Correct Her Testimony Regarding CFPB’s Involvement in Mortgage Settlement Process
Mar 30, 2011
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Financial Services Committee Chairman Spencer Bachus and Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito are asking Elizabeth Warren, the Obama Administration official charged with setting up the Consumer Financial Protection Bureau, if she wants to clarify or c...
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Independent Community Bankers Declare Support for Bill to Create Five-Member Commission Over Consumer Financial Protection Bureau
Mar 28, 2011
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The Independent Community Bankers of America is supporting legislation introduced by Financial Services Committee Chairman Spencer Bachus to replace the Director of the Consumer Financial Protection Bureau with a five-member commission. A commission would “build in a system of checks and balances th...
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FACT CHECK on Elizabeth Warren’s “Powerful Restraints”
Mar 22, 2011
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Appearing on CNBC today, Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau Elizabeth Warren attempted to push back against criticism that the new agency she is currently leading is “too powerful.” Unfortunately, in doing so, s...
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ICYMI: WSJ Editorial: President Warren's Empire
Mar 16, 2011
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The consumer finance czar answers to no one and sets her own budget. A House subcommittee will hold an "oversight" hearing today on the new Consumer Financial Protection Bureau, the über-regulator that will soon have jurisdiction over most of the country's credit-making institutions. We put "oversig...
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Chairman Bachus Appoints Grimm To Financial Institutions Subcommittee
Mar 16, 2011
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Financial Services Committee Chairman Spencer Bachus today appointed Rep. Michael Grimm (NY) to serve on the Financial Institutions and Consumer Credit Subcommittee. Chairman Bachus said, “Michael has only been in Congress for two months and already he has proven to have the expertise and leadership...
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Capito Announces Subcommittee Will Conduct Oversight Of CFPB
Mar 11, 2011
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Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito announced the Subcommittee will question Assistant to the President and Advisor to the Treasury Secretary Elizabeth Warren during its hearing on the new Consumer Financial Protection Bureau (CFPB) on Wednesday, Mar...
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Weekly Standard: Regulator in Chief
Feb 28, 2011
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The unchecked, unelected, unaccountable Elizabeth Warren. Fred Barnes The Consumer Financial Protection Bureau (CFPB) is forgotten but not gone. It’s housed, quietly and temporarily, in the Treasury Department as it prepares to become an official, stand-alone federal agency on July 21. The CFPB is h...
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Capito Announces Subcommittee Hearing To Examine Impact Of Dodd-Frank On Jobs And Economic Recovery
Feb 28, 2011
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Financial Institutions Subcommittee Chairman Shelley Moore Capito announced today the Subcommittee will convene a hearing to examine the impact of the Dodd-Frank Act on small financial institutions and small businesses. The hearing will take place on Wednesday, March 2nd at 2 pm in room 2128 Rayburn...
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Bachus: The Administration’s “Bailout Authority”: Assume We Have a Can-Opener?
Sep 15, 2010
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Published: Wednesday, 15 Sep 2010 | 8:30 AM ET CNBC As we mark the second anniversary of the Lehman bankruptcy and the AIG bailout, I am reminded of a joke that economists tell about themselves that goes something like this: A physicist, a chemist and an economist are stranded on an island, with no...
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