News tagged with “house financial services committee”. Found:
89 tagged news reports.
Your Search Returned 89 tagged news reports
Credit card usury bill coming soon in House
Washington :: DC :: USA | about 6 hours ago
Credibility
Several congressional Democrats said on Wednesday they plan to introduce legislation next week to cap credit card interest rates. With unemployment and Wall Street bonuses incongruously rising together, the chairman of the House Rules Committee said...
Tags: U.S. House of Representatives, House Financial Services Committee, House Rules Committee, credit cards, Washington, Personal finance, Politics, Business Finance, Debt, Credit CARD Act, Subprime mortgage crisis, Usury, Christopher Dodd, Payday loan
How to Solve "Too Big To Fail"
Bač :: Serbia | 1 day ago
Credibility The failure of Lehman Brothers last year froze the global financial system, causing the government to bail out every major bank on Wall Street (directly or indirectly). Since then, the looming question has been: How do we deal with banks that are “too...
Tags: House Financial Services Committee, Paul E. Kanjorski, financial systemic, Morgan Housel, wall street, China, financial institutions, Congress, Serbia, Bač, Paul E. Kanjorski, Value at risk, Business Finance
U.S. lawmakers urged to drop clearinghouse owner cap
New York :: NY :: USA | 5 days ago
Credibility Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week. The letter to Representatives Barney Frank and Spencer Bachus,...
Tags: Tradeweb, U.S, Representatives Barney Frank, House Financial Services Committee, Thomson Reuters Corp, dealers ownership, New York, Euronext, Stock exchange, Goldman Sachs, Thomson Reuters, Commodity exchanges, LCH.Clearnet, Stock market, Business Finance
A push to simplify credit card 'gobbledygook'
Atlanta :: GA :: USA | 5 days ago
Credibility His simplified credit card contract takes up just one side of one page; his research shows that a 10th-grader could understand it. Siegel says that because it's so clear, "it encourages people to read it and understand their rights and obligations." Siegel...
Tags: credit cards, Nessa Feddis, Siegel, Federal Reserve, consumers agency, simplified contract, Senate Banking, House Financial Services Committee, cards companies, simplified credit, Atlanta, Federal Reserve System, Consumer protection, Banking, United States federal banking legislation, Business Finance, Credit card, Credit, Fine print
Spencer Bachus: 'No More Bailouts'
Birmingham :: AL :: USA | 6 days ago
Credibility Bachus competed with Rep. Richard Baker (R-La.) for the spot and won after arguing that he has a better working relationship with interest groups and with chairman Barney Frank (D-Mass.), according to the Almanac of American Politics . Prior to that time,...
Tags: Spencer Bachus, Congress, House Financial Services Committee, housing financial, wall street, political action, commercial banks, U.S. Chamber of Commerce, Growth & Prosperity PAC, action committee, Birmingham, Bailout, Citigroup, Finance, Financial services, Hedge, Politics, Derivatives, United States House Committee on Financial Services, Business Finance
House panel approves Fed audits
Washington :: DC :: USA | 6 days ago
Credibility A Congressional panel approved a bill that would put the traditionally independent U.S...Fed officials opposed the measure and House Financial Services Committee Chairman Barney Frank sought to soften the blow by taking the central bank's interest rate...
Tags: House Financial Services Committee, Federal Reserve, Tim Geithner, House Democratic Caucus, Congressional Democrats, White House, house panel, Capitol Hill, wall street, Ron Paul, Washington, Central bank, Interest rate, Monetary policy, Federal Reserve System, Federal Reserve Transparency Act, Business Finance, Politics, Troubled Asset Relief Program, Christopher Dodd, Emergency Economic Stabilization Act, United States Secretary of the Treasury, American International Group, Council on Foreign Relations, Group of Thirty, Timothy Geithner, Bailout, economics, Subprime mortgage crisis, Bank, Government policies and the subprime mortgage crisis, Subprime mortgage crisis solutions debate, Primary dealers, House of Morgan, Morgan Stanley
House committee OKs powers to break up large financial firms
Washington :: DC :: USA | 6 days ago
Credibility The House Financial Services Committee voted 38-29 to support an amendment sponsored by Rep. Paul Kanjorski (D-Pa.) that drew strong objections from Republicans and wariness from some centrist Democrats. Kanjorski said his amendment to the sweeping financial...
Tags: House Financial Services Committee, financial firms, Paul E. Kanjorski, large financial, Washington, Emergency Economic Stabilization Act, GMAC, U.S. Securities and Exchange Commission, Credit union, economics, Paul E. Kanjorski, Financial institutions, Politics, Business Finance
House Panel Approves Broad Fed Audits
Washington :: DC :: USA | 7 days ago
Credibility A key House panel on Thursday approved an amendment offered by Rep. Ron Paul (R., Texas) to give federal watchdogs massive new authority to audit the Federal Reserve. The approval came as the House Financial Services Committee concluded weeks of debate...
Tags: Federal Reserve, Ron Paul, House Financial Services Committee, house panel, central banks, Alan Grayson Take, Treasury Department, U.S, fed auditing, panel approved, Washington, Emergency Economic Stabilization Act, Subprime mortgage crisis, Federal Reserve System, Troubled Asset Relief Program, Business Finance, Politics, Financial institutions, Credit union, Bank, Caucus, Caucuses of the United States Congress, Ken Calvert, Maxine Waters, Congressional Black Caucus, Timothy Geithner, Social Issues, Finance, General Growth Properties, Mortgage loan, AOL, Mortgage, Banking
Barney Frank Pushes for Regulation Despite Financial Industry Funds
Washington :: DC :: USA | 7 days ago
Credibility Since 2003, the Massachusetts Democrat had been the ranking member of the committee, which has jurisdiction over the housing and financial sectors...Money Summary: Of the $9.4 million Frank has raised since 1989, he's spent $9.1 million. While his Republican...
Tags: Barney Frank, House Financial Services Committee, election cycle, housing financial, Fannie Mae, financial industry, Washington, Freddie Mac, Subprime lending, Financial crisis, Troubled Asset Relief Program, Federal Reserve System, Subprime mortgage crisis, Business Finance
Dems back power to break up firms
Washington :: DC :: USA | 8 days ago
Credibility Democrats on the House Financial Services Committee have approved a sweeping proposal that would expand federal powers to break up so-called “too big to fail” firms. Offered by Rep. Paul Kanjorksi, the No. Democrat on the House Financial Services Committee,...
Tags: House Financial Services Committee, Paul E. Kanjorski, financial firms, Congress, Washington, GMAC, United States House Committee on Financial Services, Politics, Business Finance, Paul E. Kanjorski, Banking in the United States, Too Big to Fail, Systemic risk, Divestment, Financial crises, Investment, Bailout, Christopher Dodd, American International Group, economics, Subprime mortgage crisis, Bank, United States federal banking legislation, Betting, Federal Deposit Insurance Corporation, Value at risk, Actuarial science, Emergency Economic Stabilization Act, Credit unions in the United States, Financial institutions, Credit union, Federal Reserve System
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