News List

  • Chairman Bachus Discusses Entitlement Reform And Federal Reserve's Dual Mandate At Committee Hearing Today
    Feb 29, 2012 - Financial Services Committee Chairman Spencer Bachus today made the following statement during a hearing with Federal Reserve Chairman Ben Bernanke on the state of the economy and monetary policy. "In my opening statement today, I’m going to avoid making any predictions about future events since I d... More
  • Legislative Package Combines Financial Services Committee Bills into JOBS Act
    Feb 28, 2012 - Financial Services Committee Chairman Spencer Bachus today praised the introduction of the JOBS Act, a bipartisan package of bills that have previously been approved by the Committee. The JOBS (Jumpstart Our Business Startups) Act was unveiled during a press conference Tuesday afternoon at the U.S. ... More
  • The Economist: Dodd-Frank’s “Failures,” “Flaws” And “Muddle” Hurt Economy
    Feb 22, 2012 - The 2,300-page Dodd-Frank Act is a disastrous piece of legislation that is burdening the economy, increasing the size and scope of the Federal bureaucracy, and making the American financial system less transparent and less functional. That is the conclusion of an in-depth article in The Economist ti... More
  • WSJ: U.S. House Panel Passes IPO Bill
    Feb 17, 2012 - A U.S. House panel Thursday advanced bipartisan legislation to make it easier for smaller companies to launch initial public offerings, the latest in a series of bills designed to spur job creation. The House Financial Services Committee voted 54-1 to pass the measure, which aims to improve smaller ... More
  • Committee Advances Bills To Promote Jobs, Spur Creation Of New Businesses
    Feb 16, 2012 - The Financial Services Committee on Thursday approved four bills aimed at bolstering job creation, capital markets and the economy. “For more than a year now the Committee has led efforts to get Americans back to work by removing government barriers to a recovery. Our jobs agenda continued today wit... More
  • Committee to Examine CFPB’s Spending
    Feb 14, 2012 - A Financial Services subcommittee hearing on Wednesday will mark the first time Congress examines spending by the Consumer Financial Protection Bureau (CFPB). The CFPB, which was created by the Dodd-Frank Act, is specifically designed to evade congressional oversight. The congressional appropriation... More
  • Hensarling: Dodd-Frank a confidence killer
    Feb 13, 2012 - By: Rep. Jeb Hensarling Politico February 12, 2012 09:11 PM EST As President Barack Obama continues his campaign for a second term, Americans must keep in mind that his major policy visions have already been legislated into reality — and reality has regrettably not lived up to his promises. One of ... More
  • Committee To Vote On Bills Spurring Job Creation, Economic Activity
    Feb 13, 2012 - The Financial Services Committee will meet on Thursday to consider a package of bills aimed at removing government barriers to job creation and economic growth. Under Chairman Spencer Bachus’ leadership, the Committee has led efforts to reduce regulatory barriers that hinder small businesses’ access... More
  • ICYMI: Despite Calls for Action, White House Has No Plans To Send Housing Bill to Hill
    Feb 10, 2012 - By Stacy Kaper National Journal President Obama took a jab at lawmakers this week, saying “Congress still needs to send me the bill I've proposed" on housing. But the White House has not sent any legislative language to Capitol Hill for lawmakers to consider, and does not intend to, according to sou... More
  • Financial Services Committee Announces Schedule
    Feb 8, 2012 - Financial Services Committee Chairman Spencer Bachus announced the Committee’s schedule for the second half of February. All hearings and mark ups will take place in the Committee’s main hearing room, 2128 Rayburn. Witnesses for the hearings will be announced at later dates. Wednesday, February 15: ... More