News List

  • Leaders of Financial Services Committee Jointly Announce Hearing on SEC Settlement Practices
    Dec 16, 2011 - Financial Services Committee Chairman Spencer Bachus and Ranking Member Barney Frank today jointly announced that the Committee will hold a hearing next year to examine the practice by the Securities and Exchange Commission of settling cases with defendants that neither admit nor deny complaints mad... More
  • Subcommittee to Hear From Corzine During Hearing on MF Global Collapse
    Dec 14, 2011 - The Financial Services Oversight and Investigations Subcommittee will examine the decisions and events leading up to the collapse of MF Global during a hearing on Thursday. At the hearing, the Subcommittee will hear from Jon Corzine, the former chief executive officer of MF Global, as well as regula... More
  • Dodd-Frank Rules Will Crush Employment
    Dec 13, 2011 - By Paul Sperry, for Investor’s Business Daily Job-killing bank regulations threaten to wipe out all the gains in private-sector employment since the recovery began, the industry warns. Washington, however, is hiring thousands more bureaucrats to ... More
  • Homeless Children to Offer Subcommittee a Glimpse of Barriers to Housing Help
    Dec 13, 2011 - A Congressional subcommittee will hear testimony on Thursday from a panel of current and former homeless children as it examines government barriers that prevent many homeless youth from receiving housing assistance. The Financial Services Subcommittee on Insurance, Housing and Community Opportunity... More
  • Financial Services Committee Updated Schedule For Week Of December 12
    Dec 9, 2011 - The Financial Services Committee announced its schedule for the week of December 12. Wednesday, December 14: The Capital Markets and Government Sponsored Enterprises Subcommittee will meet to mark up the Private Mortgage Market Investment Act and a bill to improve the whistleblower provisions of the... More
  • Subcommittee Approves Bills On Homeless Veterans, Home Warranties and Insurance Regulations
    Dec 8, 2011 - The Insurance, Housing, and Community Opportunity Subcommittee, chaired by Rep. Judy Biggert, approved three bills on Thursday regarding data collection regulations on insurance companies, home warranties and homeless veterans. The bills approved by the Subcommittee are: H.R. 3559, Insurance Data Pr... More
  • Chairman Bachus Commends Senators Who Stood Up for Accountability at the CFPB
    Dec 8, 2011 - Financial Services Committee Chairman Spencer Bachus on Thursday issued the following statement, commending senators who refused to confirm an unaccountable director for the Consumer Financial Protection Bureau (CFPB) unless and until structural reforms are made to the bureaucracy: “The CFPB under t... More
  • Financial Services Subcommittee Subpoenas Corzine
    Dec 7, 2011 - The Financial Services Subcommittee on Oversight and Investigations, chaired by Rep. Randy Neugebauer, has voted unanimously to subpoena Jon Corzine, the former executive of MF Global. Corzine is being directed to testify before the Subcommittee on Thursday, December 15 at 1 p.m. when the Subcommitt... More
  • Financial Services Committee Schedule Update On H.R. 1148
    Dec 7, 2011 - The Committee on Financial Services announced today that the markup of H.R. 1148, the STOCK Act, previously scheduled for December 14 will be postponed. A significant number of members of the Committee on both sides of the aisle have indicated a desire for additional time to study this issue before ... More
  • Committee Visits ‘City of the Big Shoulders’ to Hear Concerns About Big Government Regulations
    Dec 5, 2011 - The Committee on Financial Services held a field hearing on “Regulatory Reform: Examining How New Regulations are Impacting Financial Institutions, Small Businesses and Consumers in Illinois” earlier today. At this hearing, representatives from community financial institutions and small businesses e... More