Wednesday, April 7, 2010 as of 11:14 AM ET
Ernest Scott Garrett (born July 9, 1959) is the U.S. Representative for , serving since 2003. He is a member of the Republican Party.
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S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo sent to Reuters.The excerpt, which was not dated, was sent along with an anonymous letter to Congress alleging that SEC Chairman Mary Schapiro made inaccurate statements about the agency's Lehman probe during a hearing last month.Schapiro told a House Financial Services panel on April 25 that Lehman "remains under investigation" and "is still under review."The copy of the internal memo sent to Reuters states that, "The staff has concluded its investigation and determined that charges will likely not be recommended."It did not give an indication of when the staff would give its final recommendation to the SEC's commissioners.John Nester, an SEC spokesman, would neither confirm nor deny the authenticity of the memo, but noted that Schapiro was correct when she told Congress that the Lehman matter i...Irving Picard, the bankruptcy trustee charged with recouping funds for victims of Bernard Madoff ’s vast fraud, began his mission just over two years ago with the po...
The chairman of the House subcommittee that oversees the mutual fund industry said Thursday he was “taken aback” when he learned of the high levels of short-term deb...
Rep. Scott Garrett , (R-NJ), explains why there’s pushback from Republicans on Libya and why Republicans are reflecting the war weariness of the American people.
Freedom Fighters Charles Payne, Kmele Foster and Sascha Burns get into it over whether the President needs to get Congressional authorization for the 'kinetic military action' in Libya and the merits of the War Powers Act
FBN’s Lou Dobbs explains why this week we hit not only the debt ceiling, but the competency ceiling of our elected officials
The Judge explains the disconnect between people’s attitude to the idea of spending cuts versus their attitude towards actual spending cuts and previews FBN’s Entitlement Week coming next week.
By Corbett B. DalyWASHINGTON (Reuters) - A bill to create a new market for financing mortgages that would help wean the $10.6 trillion mortgage market off government...
Rep. Scott Garrett , (R-NJ), on the need to take the budget proposal by Rep. Ryan a step further and balance the budget over the next ten years.
A group of influential Republicans in the U.S. House of Representatives on Tuesday unveiled eight bills aimed at chipping away at the dominant role Fannie Mae (FNMA....
Rep. Scott Garrett , (R-N.J.), argues we need to focus on entitlements in the budget plan.
January 20, 2011 12:37 PM UTC by John StosselThis Week’s Column: Will the Republicans Really Cut This Time?Now that Republicans control the House, they’re talking bi...
Earlier this year, leading House Republicans proposed to privatize mortgage giants Fannie Mae and Freddie Mac or place them in receivership starting in two years, Th...
The nation's top commodities regulator on Monday said he was concerned about legislation under consideration in the House that would exempt derivatives transactions ...
Remember that eye-popping $110 million bill taxpayers are on the hook for in defending former Fannie Mae and Freddie Mac execs since 2004?The total bill is actually ...
Winding down Fannie and Freddie Mac.
FBN’s John Stossel breaks down how the government’s spending patterns would translate to your yearly budget.
Europe's financial crisis still threatens the U.S. recovery, and the Federal Reserve will do everything it can to protect against damage to the economy, Fed Chairman...
Newedge Senior Director Larry McDonald and Euro Pacific Capital Senior Market Strategist John Browne on efforts to boost the housing market and the close economic and cultural ties between the U.K. and U.S.
Irving Picard, the bankruptcy trustee charged with recouping funds for victims of Bernard Madoff 's vast fraud, began his mission just over two years ago with the po...
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