News List

  • Financial Services Committee’s Hearing Schedule for First Week of August
    Jul 27, 2011 - Financial Services Committee Chairman Spencer Bachus today announced the committee’s hearing schedule for the first week of August. All hearings will begin at 10 a.m. and will take place in Room 2128 Rayburn. Wednesday, August 3: The Insurance, Housing and Community Opportunity Subcommittee will hol... More
  • Oversight Subcommittee Hearing Focuses on Credit Rating Agencies
    Jul 26, 2011 - As the nation’s major credit rating companies threaten to downgrade the credit rating of the United States over the swelling size of the national debt, the Oversight and Investigations Subcommittee will meet on Wednesday to examine the credit rating industry and the impact of Dodd-Frank Act changes ... More
  • Capito Announces Subcommittee Hearing On Rent-to-Own Industry
    Jul 25, 2011 - The Financial Institutions and Consumer Credit Subcommittee, chaired by Rep. Shelley Moore Capito, will meet on Tuesday, July 26 for a hearing on legislation to improve oversight and transparency of the rent-to-own industry. During the hearing, the Subcommittee will focus on H.R. 1588, the Consumer ... More
  • Subcommittee To Examine Impact Of Multi-Lateral Development Banks On Job Creation
    Jul 25, 2011 - The Subcommittee on International Monetary Policy and Trade will consider the impact of the World Bank and multilateral development banks (MDBs) on U.S. job creation at a hearing on Wednesday, July 27, 2011 at 2:00 p.m. The hearing will focus on how MDB lending and assistance to middle-income and po... More
  • Paul: Subcommittee To Examine Federal Reserve Role In The Economy
    Jul 21, 2011 - The Domestic Monetary Policy and Technology Subcommittee, chaired by Rep. Ron Paul, will question Federal Reserve Bank of Kansas City President Dr. Thomas Hoenig about the Federal Reserve’s role in the economy and the likelihood of QE3 during a hearing on July 26. Dr. Hoenig is the longest-serving o... More
  • ICYMI: WSJ: Elizabeth Warren Forgets
    Jul 21, 2011 - The kind of agency the Harvard professor was for before she was against it. In the hyperbole department, does anyone do it better than Elizabeth Warren? Yesterday she told reporters that today's House vote on a Consumer Financial Protection Bureau reform bill is an effort to "try and kill this agenc... More
  • Duffy in Wash Times: Dodd-Frank: One year later
    Jul 21, 2011 - Promises are unfulfilled while the costs are real By Rep. Sean Duffy It was one year ago today that President Obama signed the so-called "Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010." Like other signature pieces of legislation of this administration, the name can be misleading.... More
  • Hensarling Op-ed: Dodd-Frank at One Year is Nothing for Job Creators to Celebrate
    Jul 21, 2011 - By. Representative Jeb Hensarling (R-Texas) Some anniversaries are better left uncelebrated and the one-year anniversary of the enactment of the 2010 Dodd-Frank Act is certainly one of them. Of all the federal government’s confidence killers over the past several years—from the failed “stimulus” pac... More
  • House Approves Accountability Bill for Consumer Protection Bureau
    Jul 21, 2011 - On a bipartisan vote of 241 to 173, the House of Representatives approved legislation to bring accountability, transparency, and oversight to the Consumer Financial Protection Bureau (CFPB). The Dodd-Frank Act, signed into law a year ago, established the CFPB as an independent bureau within the Fede... More
  • Bill To Review Impact of Bank Examination Practices on Economic Recovery Approved By Committee
    Jul 20, 2011 - The Financial Services Committee, chaired by Rep. Spencer Bachus, approved legislation to bring transparency to the FDIC’s bank closure process and procedures. H.R. 2056, authored by Rep. Lynn Westmoreland, requires the FDIC Inspector General to study issues raised by the recent rash of bank failure... More