News List

  • Weekend Must Reads
    Aug 3, 2013 - Wall Street Journal | Just Another Bureaucracy The Consumer Financial Protection Bureau likes to portray itself as a virtuous, upstart and independent agency focused on helping the little guy. In reality it's just another big bureaucracy that rolls out thousands of pages of new rules every year, gen... More
  • Financial Services, Oversight Looking at CFPB Employees Profiting from Mortgage Rules
    Aug 1, 2013 - House Financial Services Chairman Jeb Henserling, R-Texas and House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray about concerns that senior employees have left CFPB in order to profit ... More
  • Sunday Video Message | Rep. Shelley Moore Capito
    Jul 28, 2013 - Financial Institutions & Consumer Credit Subcommittee Chairman Shelley Moore Capito (Facebook | Twitter) delivers this week's Sunday Video Message on the PATH Act. The Protecting American Taxpayers and Homeowners Act was approved by the full committee on Wednesday. More
  • Washington Post: PATH Act Is A “Free Market Alternative To The Status Quo”
    Jul 25, 2013 - Editorial | July 25, 2013 THE POLITICS of housing finance reform are starting to get interesting. On Wednesday, the Republican-controlled House Financial Services Committee passed the Protecting American Taxpayers and Homeowners (PATH) Act, which would wind down Fannie Mae and Freddie Mac and repla... More
  • PATH Act to Protect Taxpayers & Homeowners Passes Committee
    Jul 24, 2013 - Three years after the Dodd-Frank Act failed to address the need for housing finance reform and end the record taxpayer-funded bailout of Fannie Mae and Freddie Mac, the Financial Services Committee today approved legislation to end their bailout and create a sustainable housing finance system for Am... More
  • Chairman Hensarling Opening Statement at PATH Act Markup
    Jul 23, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee markup of the Protecting American Taxpayers and Homeowners Act: “The Financial Services Committee meets today to consider legislation that will create a truly sustainable ... More
  • ICYMI: Chairman Hensarling on Bloomberg’s Capitol Gains
    Jul 22, 2013 - “…if you don't get rid of the permanent, everyday government guarantee in the secondary mortgage market, I fear all you've done is put Fannie and Freddie in the Federal Witness Protection Program. Give them a facelift, give them new names, maybe they come out as Eddie and Annie. And yet they're rele... More
  • Sunday Video Message | Rep. Randy Neugebauer
    Jul 21, 2013 - Housing & Insurance Subcommittee Chairman Randy Neugebauer (Facebook | Twitter) delivers this week's Sunday Video Message on the PATH Act. The full committee will markup the PATH Act this Tuesday at 10:15 a.m. Read more about the act -- including how it sustains the 30-year fixed rate mortgage and ... More
  • Weekend Must Reads
    Jul 20, 2013 - AEI: FHA Watch – July 2013 The Protecting American Taxpayers and Homeowners (PATH) Act provides for comprehensive reform of the government’s role in housing finance. Heritage Foundation: Dodd-Frank at Year Three: Onerous and Costly July 21 marks the third anniversary of Dodd–Frank, Washington’s mass... More
  • Committee to Consider Sustainable Housing Finance Reform Bill on Tuesday
    Jul 19, 2013 - The Financial Services Committee will meet on Tuesday, July 23 at 10:15 a.m. to consider and begin voting on the Protecting American Taxpayers and Homeowners (PATH) Act. The PATH Act creates a sustainable housing finance system for America. Among its provisions, the PATH Act: ends the taxpayer-funde... More