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  • House Financial Services Committee

    Lack of Resources Is Not the Reason for SEC Tardiness

    During a recent House Financial Services Committee mark-up, a number of members complained that the Securities and Exchange Commission (SEC) was “slow walking” the regulations necessary to implement the very positive and bipartisan Jumpstart Our Business Startups (JOBS) Act enacted in 2012. The SEC opposed most provisions in the JOBS … More

    Too Big to Fail: Some Questions for the House Financial Services Committee

    Tomorrow, the House Finance Committee, chaired by Representative Jeb Hensarling (R–TX), is holding a hearing on one of the most damaging legacies of the 2008 financial crisis: the “too big to fail” doctrine. Simply put, the doctrine holds that some firms are so essential to the functioning of the U.S. … More

    Housing Finance Nominee: Expect Big Government Housing Policies Doomed to Fail

    President Obama nominated Representative Mel Watt (D–NC) as new chief regulator to the Federal Housing Finance Agency (FHFA), replacing the current acting director Edward DeMarco. Watt has strong support from liberals in both the House and the Senate as a longtime member of the House Financial Services Committee and advocate … More

    The House Cloakroom: Oct. 26 - 30

    House Analysis – Questions remain as to whether Speaker Pelosi and her leadership team are able to whip up the necessary votes to pass a robust Health Care public option out of the House. This will certainly be topic of discussion during the week. It is expected to be another … More

    Bernanke Makes The Right Call On Systemic Financial Risk

    One of the larger mistakes in the Obama financial regulatory reform package was its attempt to give the Federal Reserve additional powers so that it could in theory protect the economy from risks such as the housing bubble that could endanger the entire financial system. As we have argued in … More