Videos

Current and former members of the House Financial Services Committee attended a dinner in honor of the committee hosted by the U.S. Capitol Historical Society. The keynote speaker of the eve…

At about 12:30 p.m., the House began debate on the rule for the defense authorization conference report. At about 1:30 p.m, the House began debate on the rule for the two Plan B-related meas…

Richard Cordray gave his semi-annual report to Congress of the Consumer Financial Protection Bureau (CFPB). In his testimony he said that the CFPB would draft a proposal to address a provisi…

Treasury Secretary Geithner testified on the annual report of the Financial Stability Oversight Council (FSOC), created by the Dodd-Frank financial regulations law to monitor excessive risk …

Federal Reserve Chair Ben Bernanke testified about the Federal Reserve Board’s semiannual report on monetary policy. In his remarks he said the U.S. would not slip back into recession, unles…

Jamie Dimon testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012 He apologized for the trading losses, but he stressed that no taxpayer money was lost and that the bank rema…

Federal regulators testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the topics addressed were risk management prac…

One Minute Speeches (5 per side) H.R. 5652 - Sequester Replacement Reconciliation Act of 2012, Rules Committee Print (Closed Rule, Two Hours of Debate) Complete Consideration of H.R. 5326 - …

Treasury Secretary Geithner testified on the state of the international financial system. Among the topics addresses were the European sovereign debt crisis, the United States exposure and r…

Richard Cordray outlined a number of new rules and initiatives under consideration at the new Consumer Financial Protection Board (CFPB). He said the CFPB would try to craft universal mortga…

Ben Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. Topics included inflation and unemployment, reform of Social Security and Medicare, and bu…

One Minute Speeches (5 per side) Complete Consideration of H.R. 3606 - Jumpstart Our Business Startups (JOBS) Act (Structured Rule) (Sponsored by Rep. Stephen Fincher / Financial Services Co…

Development and Rural Jobs Act of 2011 (Modified Open Rule) The rule provides for no further general debate and makes in order any amendment that has been preprinted in the Congressional Rec…

Financial regulators testified on implementing the Volcker Rule, which prevents federally insured institutions from investing in hedge and private equity funds. The rule was part of the 2010…

The House Financial Services Committee held a hearing on allegations that some members of Congress have enriched themselves through legal stock trades based on non-public information. Witnes…

Committee members voted 52 to 4 to block over $12 million in executive bonuses at government backed mortgage companies Fannie Mae and Freddie Mac. The bonuses were approved by the Federal Ho…

Raj Date, special adviser to the Treasury Department for the Consumer Financial Protection Bureau (CFPB), testified the agency’s accomplishments in its first 100 days. Committee Chairman Spe…

Treasury Secretary Timothy Geithner testified on the U.S. economy and financial stability. Among the topics addressed were mortgage refinancing, banking regulations, the work of the Financia…

Officials testified about Securities and Exchange Commission (SEC) operations and proposed regulatory changes. Among the topics they addressed were the role of credit rating agencies in the …

The House Financial Services Committee held a hearing titled “Fixing the Watchdog: Legislative Proposals to Improve and Enhance the Securities and Exchange Commission.” Members made opening …