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Spencer Bachus News

News on Spencer Bachus continually updated from thousands of sources around the net.

Wednesday | Insurance News Net

AIG's Allies to Pay Czar: Back Off!Loading...

Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet.com November 24, 2009 Tuesday 16:43 PM EST SECTION: NEWS & ANALYSIS; Insurance LENGTH: 323 words HEADLINE: AIG's Allies to Pay Czar: Back Off! BYLINE: Andrea Tse, TheStreet.com Staff Reporter.

Comment?

Related Topix: TheStreetcom, Media, Computers, New York Metro, US Politics, US News, Republican, US House of Representatives

Mon Nov 23, 2009

Realty Times Market

Washington Report: Congress Pressures FHA

Congressional pressure on FHA continued to mount last week, with the ranking Republican on the House Financial Services Committee demanding hearings on the stability of the housing agency.

Comment?

Related Topix: US News, US Politics, Republican, US House of Representatives, Barney Frank, Democrat

Sun Nov 22, 2009

NAFCU

House Financial Services eyes FHA finances

Nov. 19, 2009 - A hearing on the Federal Housing Administration's risk management practices and finances will be held following the Thanksgiving holiday, House Financial Services Committee Chairman Barney Frank, D-Mass., said Wednesday.

Comment?

Related Topix: US Politics, US News, US House of Representatives, Barney Frank, Democrat, Maxine Waters, Republican, Shelley Moore Capito, Home, Mortgage, Personal Finance

Sat Nov 21, 2009

MarketWatch

Panel OKs measure for council to break up banks

Financial institutions that are too large and overly interconnected could be broken up if a proposed council of regulators finds their collapse would put the economic system at risk, according to a controversial measure approved Wednesday by a key congressional panel taking on bank-regulatory reform.

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Related Topix: Paul Kanjorski, US Politics, US News, US House of Representatives, Democrat, Barney Frank, Republican, Jeb Hensarling

Fri Nov 20, 2009

Bloomberg

AIG `Backdoor Bailout' House Hearing Demanded by Republicans Blunt, Bachus

Republican lawmakers demanded a Congressional hearing to review whether the Federal Reserve Bank of New York was unprepared to deal with the bailout of American International Group Inc.

Comment?

Related Topix: US News, US Politics, Roy Blunt, Republican, US House of Representatives, Banking, Financial Services, Bank of New York, Insurance, American International Group

Thu Nov 19, 2009

MarketWatch

Lawmakers cap leverage for big institutions

Large banks would pay fees into a $150 billion fund to be used to make payouts to the creditors and counterparties of a failed big bank so that its collapse would not unsettle the financial markets, under a provision of bank regulatory reform legislation being considered by a congressional committee Thursday.

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Related Topix: US Politics, Luis Gutierrez, US News, US House of Representatives, Democrat, Ron Paul, Republican, Economics News, Bankruptcy, Jeb Hensarling

Wed Nov 18, 2009

MarketWatch

Lawmakers eye measure to let banks buy guarantees

Lawmakers on a key House committee considered a measure Wednesday that would allow major banking institutions to voluntarily pay fees through which they would buy federal guarantees for financial assets.

Comment?

Related Topix: US Politics, US News, US House of Representatives, Barney Frank, Democrat, Republican

Sat Nov 14, 2009

The Mobile Register Online

Your Views: Alabamians top the list when it comes to making family a priority

There are lots of jokes about Alabama not being top 10 in the nation on any number of issues.

Comment?

Related Topix: Alabama, US Politics, US News, Republican, US House of Representatives, Jeff Sessions, US Senate, Birmingham, AL, Birmingham Metro, Life, Holidays, New Year's Day/Eve

Wed Nov 11, 2009

NAFCU

Military groups urge no systemic-risk fees for CUs

Nov. 10, 2009 - Military groups opposed to seeing credit unions assessed monies by FDIC for a systemic risk fund for the wind-down of large financial firms are making their views known on Capitol Hill.

Comment?

Related Topix: US Politics, US News, US House of Representatives, Barney Frank, Democrat, Republican

Mon Nov 09, 2009

Examiner.com

Every Alabama Congressman voted 'no' on H.R. 3962

H.R. 3962, the Affordable Health Care for America Act. Did Big Insurance get to them? From President Obama's address on health care to a joint session of Congress September 9, 2009 "So let me set the record straight here.

1 comment

Related Topix: US Politics, Robert Aderholt, US News, Republican, US House of Representatives, Jo Bonner, Mike Rogers, Democrat, Artur Davis

Poker News

Bump in the the Road for Online Poker

Senator Jon Kyl and Rep. Spencer Bachus co-signed a letter to Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke last week opposing calls to delay the Dec.

Comment?

Related Topix: Games, Poker, US Politics, Jon Kyl, US News, US Senate, Republican, US House of Representatives, Barney Frank, Democrat, US Treasury

Sun Nov 08, 2009

InvestmentNews

Groups cheer push to contain Finra's reach

Investment advisory groups, state regulators and consumer advocates last week cheered a pledge by the House Financial Services Committee's chairman to defeat a measure that could expand Finra's reach over advisers.

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Related Topix: US Politics, US News, US House of Representatives, Barney Frank, Democrat, Securities and Exchange Commission, Corporate / Securities Law, Law, Republican

ABC 33/40

All Ala. Congressman Vote No on Health Care Reform, Bill Still Passes

Republican opposition was nearly unanimous. The 220-215 vote cleared the way for the Senate to begin debate on the issue that has come to overshadow all others in Congress.

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Related Topix: US Politics, US News, Republican, US House of Representatives, Mike Rogers, Jo Bonner, Representative Bobby Bright, Democrat, Artur Davis

Sat Nov 07, 2009

InvestmentNews

Advisers, public fear possibility of wider reach for Finra

Investment advisers, state regulators and consumer advocates were astonished by the easy adoption of a key addition to the Investor Protection Act that would give Finra power to oversee any adviser associated with a registered broker-dealer, including about 500 dually registered Finra members.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Sales, US Politics, US News, Republican, US House of Representatives, Barney Frank, Democrat

Fri Nov 06, 2009

The Post Chronicle

House Republicans Warn Obama Admin On Troubled Housing Agency

A pair of House Republicans on Wednesday warned the Obama administration that Congress does not have the appetite for a bailout of the financially strapped Federal Housing Administration.

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Related Topix: Republican, US House of Representatives, US Politics, US News, Darrell Issa

Thu Nov 05, 2009

Birmingham News Online

JP Morgan settles bond case for $722 million; SEC says deals were pay-to-play

JPMorgan Chase & Co. agreed to pay $75 million in penalties and forfeit $647 million in fees to settle an investigation of an "unlawA ful payment scheme" in Jefferson County sewer-financing deals, the U.S. Securities and Exchange Commission said Wednesday.

Comment?

Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Banking, JP Morgan Chase , Jefferson County, AL, Financial Services, US Politics, US News, Republican, US House of Representatives

Wed Nov 04, 2009

Washington Times

House votes to move up tougher credit card rules

The House passed a bill Wednesday to move up tough new rules for credit card lenders, lashing out at an industry that has been raising interest rates and fees at a furious pace since the rules were passed in May.

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Related Topix: US News, Stephanie Herseth, US Politics, Representative Stephanie Herseth Sandlin, US House of Representatives, Barney Frank, Democrat, Republican

The Mobile Register Online

Your Views: Health care bill: Artur Davis courting voters

An article in The Birmingham News Tuesday reported my congressman, Artur Davis, will vote against the House's health care bill.

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Related Topix: US Politics, US News, US House of Representatives, Democrat, Artur Davis, Birmingham, AL, Birmingham Metro, Republican

Tue Nov 03, 2009

Lagniappe

Pro-Boeing House Members Investigated

WASHINGTON Last week, The Washington Post managed to surreptitiously stumble across a document revealing that several members of the House Defense Appropriations subcommittee are being investigated by the House Ethics Committee.

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Related Topix: US Politics, US News, John Murtha, US House of Representatives, Democrat, Todd Tiahrt, Republican, Jo Bonner, Mike Rogers

MarketWatch

Panel to OK audit exemption for small business

Legislation to permanently exempt smaller public corporations from outside audits of their internal controls over financial reporting, a requirement that dates from the post-Enron Sarbanes-Oxley Act, was set to be approved Tuesday by a congressional committee.

Comment?

Related Topix: Small Business, Personal Finance, Corporate Governance, Law, US Politics, Scott Garrett, US News, Republican, US House of Representatives, Securities and Exchange Commission, Corporate / Securities Law

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