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The committee continued debating amendments, all having to do with exemptions for smaller banks and credit unions. There were votes at the end of this section on the Republican substitute an…

The House passed Defense Department appropriations, the final of the 12 appropriation bills for fiscal year 2010. Members also a bill setting new food safety regulations requiring more inspe…

The House passed in a 219-212 vote the climate change and energy bill. It includes cap and trade provisions and renewable energy requirements. Members also approved $32 billion for Interior …

The House passed a bill that increases aid to Pakistan. It authorizes $1.5 billion annually in non-military aid through 2013 and $400 in military aid for fiscal year 2010 on the condition th…

A House Financial Services Committee hearing was held a on regulating executive pay at publicly traded companies. Obama administration officials testified on how to eliminate the compensati…

The House passed a bill reauthorizing programs for the State Department, United Nations, and other diplomatic programs.

The House passed the “Cash for Clunkers” bill which authorizes $4 billion for cash rebates of up to $4,500 to consumers who trade in their cars or SUVs for newer, more fuel-efficient vehicle…

The House by a 328-93 vote passed a bill that taxes American International Group (AIG) and other corporate bonuses by up to 90 percent. The legislation was in reaction to news that AIG execu…

Edward Libby testified about operations and business practices at American International Group (AIG) before, during, and after federal intervention. Much of the focus was on AIG’s use of fed…

Witnesses testified about operations and business practices at American International Group (AIG) before, during, and after federal intervention. Much of the focus was on AIG’s use of federa…

Representative and Financial Services Committee member Gary Peters talked about the hearing on federal aid (more than $150 billion) to AIG (American International Group), the bonuses AIG gav…

Democratic leaders spoke to reporters and answered questions about their plans for legislation to tax the bonuses given to employees of American International Group (AIG).

United States House of Representatives session for March 5th 2009. The house debated Home Mortgage Restructuring.

The chief executive officers of financial institutions testified about how they used the first installment of funds from the Troubled Assets Relief Program (TARP). They also spoke about admi…