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July 24, 2008 2:00:48 PM CDT


Stories related to: House Financial Services Committee

Stories

6 Stories

  • July 2008
    • Housing Industry Funnels Cash to Lawmakers

      Housing Industry Funnels Cash to Lawmakers

      The housing industry has given more campaign cash to lawmakers and political parties this election cycle than it gave through the entire 2006 cycle, the Wall Street Journal reports, as an emergency housing bill containing favorable provisions for the industry has been working its way through Congress. Cash has flowed to legislators who control the bill, including Senate Banking Committee members and those on the House Financial Services Committee. More »

      Tags

      Congress   campaign contributions   Christopher Dodd   Barney Frank   Senate Banking Committee   housing industry   housing legislation   House Financial Services Committee   political donations

  • May 2008
  • April 2008
    • House Panel OKs $15B Plan to Buy Foreclosed Homes

      House Panel OKs $15B Plan to Buy Foreclosed Homes

      Lawmakers have backed a $15 billion aid package for municipalities so they can buy and fix up foreclosed homes, the Wall Street Journal reports. A House panel voted 38-26 for the measure, which would be split evenly between loans and grants. States could use the money to get vacated homes in shape and filled quickly. It's part of a larger relief measure making its way through the House. More »

      Tags

      subprime crisis   foreclosure   Barney Frank   House Financial Services Committee   federal loans

    • Frank is Dems' Unlikely Lead Economy Dog

      Frank is Dems' Unlikely Lead Economy Dog

      Democratic Rep. Barney Frank has become an unlikely power player in Washington’s “new economic trio” with Ben Bernanke and Henry Paulson, writes David Rogers in Politico. His pet plan—a “humongous housing deal” to steady an ailing market—might be a tough sell to the White House, but it’s “moving in our direction,” says the head of the House Financial Services Committee. More »

      Tags

      Congress   Ben Bernanke   housing crisis   economy   Henry Paulson   Barney Frank   House Financial Services Committee

  • February 2008
  • March 2007
    • Wal-Mart Drops Out of Bank Biz

      Wal-Mart Drops Out of Bank Biz

       Wal-Mart has withdrawn its controversial application for a bank charter, ending a potential foray into the retail bank market. The big-box retailer’s plans to set up its own bank had drawn fire from banking and consumer groups, who feared it would stifle competition. The company, for its part, calls the protests "manufactured controversy." More »

      Tags

      Republicans   Wal-Mart   bank   retail   banking   House Financial Services Committee

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