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Spencer Bachus

What are the Financial Issues the New Congress Will Focus On?

FBN’s Charlie Gasparino on the three big areas the new Congress will look to reform.

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  1. INTERVIEW: US Rep Capito: JPMorgan Should Be More Forthcoming

    U.S. senators aren't the only ones who think JPMorgan Chase & Co. (JPM) chief executive James Dimon needs to testify on the firm's more than $2 billion trading blund...

  2. Sens Merkley, Levin Express Optimism For Tough Version Of Volcker Rule

    Two U.S. Senate Democrats said Thursday they were optimistic regulators would impose tight restrictions on banks' trading activities after the trading loss of more t...

  3. Rep. Bachus: JP Morgan Remains Profitable, Viable After Trading Loss

    A top U.S. House Republican on Wednesday defended J.P. Morgan Chase & Co. (JPM) in the wake of more than $2 billion trading loss disclosed last week, saying the blun...

  4. US House Panel Plans JP Morgan Hearing; Doesn't Schedule Date

    A top U.S. House Republican on financial issues said late Tuesday he plans a hearing on the more than $2 billion in trading losses that J.P. Morgan Chase & Co. (JPM)...

  5. Will the JOBS Act help investments?

    Mary Kissel discusses the need for businesses to have access to capital

  6. Fannie and Freddie: Shangri-La for Lawyers

    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 ...

  7. Report: Bachus Targeted by Insider-Trading Inquiry

    Rep. Spencer Bachus, who as chairman of the House Financial Services Committee is one of the most powerful lawmakers on Capitol Hill, is the subject of an insider-tr...

  8. Eurozone Finance Ministers Say Greece Must Cut 325M Euros

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  9. Tighter Privacy Rules Sought For Bank Documents

    WASHINGTON -- A legal issue causing widespread angst among banks supervised by the new Consumer Financial Protection Bureau is triggering bipartisan concern on Capit...

  10. Bachus: Obama's Plan Could Force an FHA Bailout

    House Financial Services Committee Chairman Rep . Spencer Bachus , (R-Ala.), explains why Obama's housing plan is risky.

  11. House Committee To Hold Insider Trading Hearing

    House Financial Services Committee Chairman Spencer Bachus said Thursday that he will hold a hearing on Dec. 6 looking at how insider trading laws apply to lawmakers...

  12. Insider Trading: Don't Do It - Unless You're in Congress

    Back in 2003, Martha Stewart was indicted on multiple charges including securities fraud and obstruction of justice. These charges stemmed from an investigation into...

  1. Texas Congressman To Lead House Banking Panel

    Rep. Jeb Hensarling will take over as chairman of the House Financial Services Committee, according to recommendations issued by the House Republican Steering Commit...

  2. FHA's Bleeding Balance Sheet: How it Got There and How to Fix It

    The mortgage market is finally showing signs of stabilization, but the Federal Housing Administration is starring down the barrel of $16.3 billion in losses and taxp...

  3. SEC 'monitoring' Knight Capital After Glitch

    A spokesman for the Securities and Exchange Commission on Wednesday said the agency is "closely monitoring" a situation at Knight Capital Group Inc. after the New Je...

  4. Gasparino: House Regulators Debate Putting Geithner Under Oath

    FBN's Charlie Gasparino reports that House staffers are floating the idea of Treasury Secretary Geithner taking oath at the upcoming hearings on the Libor scandal.

  5. Gasparino: House Republicans Plan Hearings on Dodd-Frank

    FBN's Charlie Gasparino says the Dodd-Frank law hearings will take place in July and focus on regulation failures.

  6. Consumer Financial Protection Bureau Under Legal Attack

    A small bank and two conservative advocacy groups said on Thursday that they would file a lawsuit against the new Consumer Financial Protection Bureau, challenging w...

  7. Dimon to Testify Before Lawmakers

    JPMorgan Chase & Co (NYSE:JPM) Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a politica...

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