House Financial Services Committee

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H.R. 1207, the Federal Reserve Transparency Act of 2009

Friday 25 September 2009 | House Financial Services Committee | 20 comments
On November 10, 2008, Bloomberg News ran the following headline: “Fed Defies Transparency Aim in Refusal to Disclose.” The story pointed out that the Fed was refusing to identify the recipients of trillions of dollars in emergency loans or the dubious assets the central bank was accepting as collateral
Editor's Pick: 
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Recent Innovations in Securitization

Thursday 24 September 2009 | House Financial Services Committee | 18 comments
Although we recognize that securitization plays an important role in the financial markets, the recent experience with securitization in the mortgage markets argues for the careful review and analysis of all developing securities activities.
Editor's Pick: 
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Lawmakers may call for ban on ‘naked’ trading of credit default swaps

Friday 31 July 2009 20:30 | Managing Editor | 375 comments
Congress may be willing to go further than the Obama administration in regulating over-the-counter derivatives by banning “naked” credit default swap trading, leading lawmakers said.
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House panel okays executive pay controls by regulators

Wednesday 29 July 2009 21:55 | Managing Editor |

The House Financial Services Committee, chaired by Barney Frank (D-Mass), cleared a bill on Tuesday giving regulators the right to ban certain forms of compensation at financial firms.