Weekend Must Reads
| Posted in Member Corner
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, generating lucrative business opportunities for lawyers and the agency's… Financial Services, Oversight Looking at CFPB Employees Profiting from Mortgage Rules
| Posted in Press Releases
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 from the very rules they helped create. Sunday Video Message | Rep. Shelley Moore Capito
| Posted in Member Corner
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. Washington Post: PATH Act Is A “Free Market Alternative To The Status Quo”
| Posted in Member Corner
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 replace the busted entities with —… PATH Act to Protect Taxpayers & Homeowners Passes Committee
| Posted in Press Releases
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 America. Chairman Hensarling Opening Statement at PATH Act Markup
| Posted in Press Releases
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 ICYMI: Chairman Hensarling on Bloomberg’s Capitol Gains
| Posted in Member Corner
“…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 released on an unsuspecting public.” Hensarling on the PATH Act – Protecting… Sunday Video Message | Rep. Randy Neugebauer
| Posted in Member Corner
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 enables FHA to play an expanded role in times of crisis -- on our Bottom Line Blog. Weekend Must Reads
| Posted in Member Corner
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 massive regulatory response to the housing market collapse, the failure of major… Committee to Consider Sustainable Housing Finance Reform Bill on Tuesday
| Posted in Press Releases
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. Browse Documents by Date or Issue |
