Dodd-Frank Financial Regulations
Witnesses testified on the effects of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the financial services industry, consumers, and American competitiveness since its enac…
2,046 viewsWitnesses testified on the effects of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the financial services industry, consumers, and American competitiveness since its enac…
2,046 viewsThe House convened for a legislative session.
View in Congressional Chronicle1,631 views1) H.R. 2139 - Lions Club International Century of Service Commemorative Act, as amended 2) H.R. 5986 - To amend the African Growth and Opportunity Act to extend the third-country fabric pro…
View in Congressional Chronicle855 viewsFederal 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…
4,342 viewsFederal 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…
1,283 viewsThe House Committee Financial Services Oversight and Investigations Subcommittee held a hearing on the bankruptcy of financial firm MF Global. Former Governor Jon Corzine (D-NJ) denied ever …
1,410 viewsRichard 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…
314 viewsBen 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…
6,879 viewsFinancial 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…
533 viewsThe 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…
560 viewsCommittee 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…
257 viewsRaj 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…
337 viewsTreasury 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…
669 viewsTwo House Financial Services subcommittees held a joint hearing on mortgage servicing and foreclosure mitigation practices. Members discussed the role of federal regulators in the ongoing mo…
584 viewsFederal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. In his remarks he said that if the U.S. defaulted on its debt …
3,578 viewsWitnesses testified about differences in financial regulatory approaches between the U.S. and other countries, and the effects of those disparities on U.S. companies and the economy at large…
323 viewsThe top regulator for Fannie Mae and Freddie Mac said that several House Republican bills to reform government sponsored enterprises (GSEs) were “unnecessary and counterproductive". Edward D…
304 viewsTreasury Secretary Geithner testified about the future of Fannie Mae, Freddie Mac, and the Federal Housing Administration. Among the topics he addressed were short-term steps to make to lure…
726 viewsFederal regulators and financial experts testified on new rules governing financial derivatives put in place by the Dodd-Frank Financial Regulation Law. Several Democrats on the committee cr…
684 viewsMembers of the Financial Crisis Inquiry Commission testified before the House Financial Services Committee on the commission’s report on the 2008 economic collapse.
739 views