Oct. 27, 2009 | Press Release The House Committee on Financial Services approves the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) by a vote of 67 – 1. The legislation, among other things, would require all private advisers to private pools of capital to register with the Securities and Exchange Commission, require greater reporting [...]
Oct. 27, 2009 | House Committee Press Release The House Committee on Financial Services and the U.S. Treasury Department issue a discussion draft of the Financial Stability Improvement Act of 2009 (Title I). The legislation, among other things, would create a mechanism for monitoring and addressing threats systemically important firms pose to the U.S. financial system; [...]
Oct. 22, 2009 | House Committee Hearing The House Subcommittee on Commercial and Administrative Law holds a hearing titled “Too Big To Fail—The Role for Bankruptcy and Antitrust Law in Financial Regulation Reform.” Submitted Testimony
Oct. 22, 2009 | House Committee Press Release The House Committee on Financial Services approves the Consumer Financial Protection Agency Act of 2009 (H.R. 3126) by a vote of 39-29. Because the legislation affects other federal agencies (e.g., the Federal Trade Commission) the bill will also be reviewed in other House committees before it can be brought [...]
Oct. 15, 2009 The House Committee on Financial Services approves five of seven proposed amendments to the Consumer Financial Protection Agency Act of 2009 (H.R. 3126). Markup of the bill is expected to continue during the week of Oct. 19 – 23, 2009. Amendments to the Consumer Financial Protection Agency Act of 2009 (H.R. 3126)
Oct. 15, 2009 | Text of House Markup | Voting Summary The House Committee on Financial Services approves the Over-the-Counter Derivatives Markets Act of 2009 (H.R. 3795) by a vote of 43-26. During the markup, Congressional representatives proposed 29 amendments, 22 of which were agreed to. Amendments to the Over-the-Counter Derivatives Markets Act of 2009 (H.R. 3795)
Oct. 14, 2009 | House Committee Markup The House Committee on Financial Services holds a markup of several pieces of legislation including the Oct. 2, 2009, discussion draft of the Over-the-Counter Derivatives Markets Act of 2009and the Sept. 25, 2009, discussion draft of the Consumer Financial Protection Agency Act of 2009. Statement from Rep. Daniel Maffei [...]
Oct. 14, 2009 | Senate Subcommittee Hearing The Senate Subcommittee on Financial Institutions holds a hearing titled “Examining the State of the Banking Industry.” Submitted Testimony
On October 14, 2009 the Subcommittee on Financial Institutions of the Senate Committee on Banking, Housing and Urban Affairs held a hearing entitled “Examining the State of the Banking Industry”. Appearing before the Committee were: FDIC Chairman Sheila Bair; Comptroller of the Currency John Dugan; Federal Reserve Governor Daniel Tarullo; NCUA Chairman Deborah Matz; OTS [...]
Oct. 9, 2009 | Text of Speech President Barack Obama delivers remarks on consumer financial protection. In his remarks, the president states his continuing support for legislation that would create the Consumer Financial Protection Agency.
