News List

  • Subcommittee To Vote On Corzine Subpoena
    Dec 2, 2011 - The Subcommittee on Oversight and Investigations, chaired by Rep. Randy Neugebauer, will meet on Wednesday, December 7 at 3 p.m. to consider a subpoena for Jon Corzine, the former chairman and CEO of MF Global. The Subcommittee meeting will take place in room 2128 Rayburn. Subcommittee Chairman Neug... More
  • Oversight and Investigations Subcommittee Prepares for Hearing on MF Global
    Dec 2, 2011 - The Financial Services Subcommittee on Oversight and Investigations is examining hundreds of pages of documents and requesting other materials surrounding the bankruptcy of MF Global as it prepares for its hearing later this month. Subcommittee Chairman Randy Neugebauer has requested information fro... More
  • Committee Approves More Bills To Remove Regulatory Impediments to Job Creation
    Nov 30, 2011 - The Financial Services Committee continued its efforts to promote job creation by easing the burden government regulations impose on the private sector with the approval today of three bills that fix derivatives provisions of the Dodd-Frank Act. Since January, the Committee has led efforts to identi... More
  • Financial Services Committee Chairman Spencer Bachus Comments on Coordinated Central Bank Action
    Nov 30, 2011 - “The action of the Federal Reserve announced this morning to extend existing bilateral swap arrangements with European and other foreign central banks is a recognition of the interconnected nature of the global economy. Since early 2005, I have stated my concern that the interconnectedness of the gl... More
  • Committee to Assess Financial Health of Federal Housing Administration
    Nov 29, 2011 - The Financial Services Committee will convene a hearing on Thursday with Federal officials and industry experts to evaluate the financial health of the Federal Housing Administration (FHA), the government agency that insures nearly 40 percent of new home mortgages in the U.S. The hearing comes on th... More
  • Agenda Revised for Financial Services Committee Markup
    Nov 29, 2011 - The Financial Services Committee released a revised agenda for its markup of legislation on Wednesday, November 30. The Committee will meet at 10 a.m. in room 2128 Rayburn to consider three bills: H.R. 2682, the Business Risk Mitigation and Price Stabilization Act of 2011 H.R. 2779, to exempt inter-... More
  • Financial Services Committee Announces Additional Hearings for December
    Nov 22, 2011 - The Financial Services Committee announced its planned schedule for the week of December 12th. The list of Committee hearings and mark ups is tentative and is contingent upon the House of Representatives being in session that week. Witnesses for the hearings will be announced at later dates. Tuesday... More
  • Financial Services Committee Announces Upcoming Schedule
    Nov 21, 2011 - Financial Services Committee Chairman Spencer Bachus on Monday announced the Committee’s planned hearing and mark up schedule for the weeks of November 28 and December 5. Witnesses for each hearing will be announced at later dates. Tuesday, November 29: The Insurance, Housing and Community Opportuni... More
  • Economic Indicators as of November 17
    Nov 17, 2011 - INFLATION JOBS CPI Index Inflation Monthly -0.1 (October) Inflation Annual +3.5% (October) Unemployment Rate (monthly) 9.0% (October) Jobless Claims (monthly) 406,000 (October 29) Personal Income (monthly) 0.1% (September) Job Growth (monthly) +80,000 (October) GDP and DEBT OTHER Real GDP (updated ... More
  • Chairman Bachus Announces Committee Hearing on STOCK Act
    Nov 17, 2011 - Financial Services Committee Chairman Spencer Bachus announced on Thursday his committee will hold a hearing on H.R. 1148, the STOCK Act, on December 6. “Existing law clearly prohibits insider trading by Members of Congress. However, the American public deserves for there to be no question or equivo... More