Fannie Mae and Freddie Mac Oversight
Steve Linick testified at an oversight hearing on the Federal Housing Finance Agency (FHFA). He questioned FHFA’s decision to award over $35 million in executive bonuses at Fannie Mae and…
580 viewsSteve Linick testified at an oversight hearing on the Federal Housing Finance Agency (FHFA). He questioned FHFA’s decision to award over $35 million in executive bonuses at Fannie Mae and…
580 viewsThe Senate convened and proceeded to executive session to consider Richard Cordray, of Ohio, to be Director, Bureau of Consumer Financial Protection.
View in Congressional Chronicle443 viewsSenate Republican leaders spoke to reporters about the nomination of Richard Cordray to head the new Consumer Financial Protection Bureau. More than 40 Senate Republicans opposed confirming…
76 viewsWitnesses testified on the implementation of the 2010 financial regulations law. Witnesses also testified about the collapse and bankruptcy of MF Global under the leadership of Former New Jersey…
314 viewsEdward DeMarco testified about the operations and regulatory practices at the Federal Housing Finance Agency (FHFA). Among the topics addressed were different structures of Fannie Mae and Freddie…
303 viewsWitnesses testified on the major economic struggles many Native communities face. They focused on the high unemployment rate, financial educations, and Native American Natural Foods (South…
430 viewsAfter a period of morning business, the Senate will resume consideration of the motion to proceed to H.R.674, the 3% Withholding Repeal and Job Creation Act.
View in Congressional Chronicle173 viewsMilitary family advocates testified the financial hardships faced by military members and their families. Among the topics they addressed were predatory lending, foreclosures, current laws…
633 viewsWitnesses testified on the risks, benefits, and future of the 30-year fixed-rate mortgage. They also said that potential homebuyers and lenders must be educated on each loan option in order…
347 viewsThe Senate voted on procedural motions to advance parts of President Obama’s jobs legislation.
View in Congressional Chronicle799 viewsWitnesses testified on Iran’s potential threats to the U.S. following allegations that high-ranking Iranian military officials plotted to assassinate the Saudi Arabian ambassador to the U.S. on…
373 viewsTreasury Secretary Timothy Geithner testified on the U.S. economy and financial stability. Among the topics he addressed were the state of the economy and the operation of the Financial Stability…
291 viewsThe Senate Banking Housing and Urban Affairs Committee held a confirmation hearing for three of President Obama’s nominations: Alan B. Krueger to be a member of the Council of Economic…
454 viewsThe Senate Banking, Housing and Urban Affairs Committee held a hearing on pending nominations. Ms. Patricia M. Loui and The Honorable Larry W. Walther were nominated to be members of the…
645 viewsThe Senate Banking Committee heard testimony on the nominations of three financial regulators, including President Obama’s choices to head the Federal Deposit Insurance Corporation and to…
233 viewsThe Senate Banking Committee met to mark the one-year anniversary of President Obama signing the Dodd-Frank Financial Regulations Act in to law, and to look at the impact of that measure.…
841 viewsWitnesses testified about the proposed work and structure of the new Consumer Financial Protection Bureau (CFPB) created as part of the Dodd-Frank financial regulations law. They talked…
304 viewsFederal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. In his remarks he compared possible failure to raise the nation’s debt…
1,611 viewsWitnesses testified about proposed legislation that would more than double the limit on small business lending by credit unions. Among the issues they addressed were the potential impact on…
221 viewsSecretary Gates and Admiral Mullen testified on the Defense Department’s fiscal year 2012 budget request. Among the topics they addressed were U.S. relations with Pakistan, the military…
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