Your Search Returned 38 tagged news reports
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
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
The House Financial Services Committee has voted to give federal regulators more power and money to police major players in the stock market. The bill, approved 41-28, would give the Securities and Exchange Commission the ability to offer bounty money...
Tags: House of Representatives, investor protection, house panel
A key committee on Wednesday morning approved legislation that would impose new regulations on credit rating agencies, which have been taken to task over unrealistically rosy ratings on sub-prime-mortgage securities and other toxic assets. The Houses...
Tags: Houses Financial Services Committee, House Financial Services Committee, rating agency, credit rating, house panel
The new agency is a central piece of President Obama's wide-ranging plan to overhaul the nation's financial regulatory system, and Thursday's vote marks a crucial step toward making that goal a reality. "This is a very significant advance, and I predict...
Tags: House Financial Services Committee, House of Representatives, house committee, federal agency, Barack Obama, house panel, credit cards, committee vote, Barney Frank, loud complaints
The Obama administration has supported the change, but the nation's largest banks have vigorously opposed the idea, saying it would lead to a conflicting patchwork of regulation...Melvin Watt (N.C.) and Dennis Moore (Kan.) -- introduced an amendment to...
Tags: House Financial Services Committee, house panel, protection consumers, obama administration, regulate large, Obama
The House Financial Services Committee Thursday approved legislation that would regulate the U.S. market for financial derivatives. The panel agreed to sent the bill out of committee on a 43-26 vote, with one Republican, Rep. Walter Jones of North Carolina,...
The House Financial Services Committee is slated to vote Thursday morning on a measure reining in the multitrillion-dollar market for complicated financial derivatives that many blame for exacerbating the crisis last year. The panel’s work to bolster...
Tags: House Financial Services Committee, House of Representatives, panel votes, Barack Obama, house panel, derived rules, obama administration, major step, congressional committee, privately trading
During a high-profile White House event Friday, Obama slammed the Chamber’s multi-million advertising campaign against the consumer agency, calling the group’s spots “completely false.” “We’ve made clear that only businesses that offer financial services...
Tags: House Financial Services Committee, White House, House of Representatives, Obama, consumers financial, Chamber of Commerce, obama administration, house panel, services regulating
The impeachment complaint against Ombudsman Merceditas Gutierrez is being tackled anew at the House of Representatives. The committee on justice is expected to hear seven lawmakers who will each make a presentation in defense of Gutierrez. Pro-impeachment...
Tags: House of Representatives, Merceditas Gutierrez, impeach complaint, Gutierrez-Aguon, Philippines, Filipino Community of Guam, house panel, vs ombudsman, ombudsman merceditas, Metro Manila, Manila