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On The Ropes: Committee Democrats Forced to Respond to Bachus Op-Ed in Politico….
Apr 28, 2010
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Bachus: Senate Republicans Take a Stand for Real Reform
Apr 26, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today praised Senate Republicans for voting to ensure the Senate considers real financial reform that will end "too big to fail" and address the root causes of the financial crisis. "The action taken by Senate Republicans is a step in the...
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Bachus Asks Geithner…Again…To Explain Administration's Plan For Bailout Authority In Advance of Senate Consideration Of Financial Reform
Apr 23, 2010
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- Financial Services Committee Ranking Member Spencer Bachus wrote to Treasury Secretary Tim Geithner for the second time in six months asking him to answer specific questions on how the bailout authority that the Obama Administration is advocating will work and how much money will be needed to "re...
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Bachus: SEC Failures Go Far Beyond Porn, Fundamental Reform is Needed
Apr 23, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today released the following statement regarding the SEC Inspector General's report detailing numerous instances of SEC employees using government computers and time to view pornography. "The disturbing revelations in this report are furt...
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Bachus Response to President's Wall Street Speech
Apr 22, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today released the following statement in response to President Obama's remarks on financial regulatory reform in New York. "If President Obama is serious about creating a solid foundation for our economy, he should start by reining in hi...
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Bachus Says End The Bailouts, Reform Fannie And Freddie
Apr 21, 2010
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Democrat Proposals Create A Command and Control Regime April 21, 2010 -Financial Services Committee Ranking Member Spencer Bachus today made the following remarks on the Democrats' bailout bill during a House Republican leadership press conference: "There are three things in the bill that are diffe...
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Bachus: Lehman Bankruptcy Report Is Further Evidence SEC, Fed Should Not Be Rewarded With More Regulatory Power
Apr 20, 2010
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-Financial Services Committee Ranking Member Spencer Bachus today made the following statement during the Full Committee hearing entitled "Public Policy Issues Raised by the Report of the Lehman Bankruptcy Examiner." "In response to disturbing revelations of accounting manipulations revealed by the...
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Bachus: Democrat Bailouts Make Taxpayers Pay for Wall Street's Sins
Apr 16, 2010
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- Financial Services Committee Ranking Member Spencer Bachus today released the following statement upon reports that the Securities and Exchange Commission charged Wall Street firm Goldman Sachs with civil fraud. "Today's action by the SEC is yet another reason why we need real financial regulator...
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Bachus: Democrats' Proposal Will Continue Bailouts, Kill Jobs
Apr 15, 2010
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-Financial Services Committee Ranking Member Spencer Bachus today joined House Republican Leadership for a Tax Day press conference and issued the following statement on the Democrats job-killing agenda. "Republicans are offering real reform and opposing the bad bills that kill jobs and make our ec...
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Bachus: Administration Still Has No Plan For Fannie, Freddie Reform
Apr 14, 2010
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***Why don't the Democrats have a plan? Click here for Fannie, Freddie bailout timeline.*** April 14, 2010 -Financial Services Committee Ranking Member Spencer Bachus made the following statement during a full committee hearing on the future of housing finance. "It's been a year and a half since th...
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