Read more House Financial Services Committee stories on Newserhttp://www.newser.com/taggrid/3957/house-financial-services-committee.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 5:30:48 CSThttp://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf your credit card bill just exploded, it wasn’t an accident. Card issuers have been jacking up rates to historic highs—in excess of 30%—cutting limits, and adding new fees in an effort to squeeze money out of customers before new federal regulations kick in Feb. 22. The new...http://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Nov 2009 13:57:09 CSThttp://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter months of negotiations, Congress and the Obama administration are ready to introduce new rules on financial institutions deemed "too big to fail." Barney Frank, who heads the House Financial Services Committee, will present a bill as soon as this week that will let the government seize companies, fire executives,...http://www.newser.com/story/72552/frank-geithner-to-roll-out-too-big-to-fail-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 6:57:12 CDThttp://www.newser.com/story/70347/feds-weigh-new-bailouts-for-smaller-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith the residential and commercial real-estate markets continuing to hammer smaller US banks, the Treasury and other federal agencies are trying to diagram help for institutions considered too much of a gamble under original bailout terms. Congressional Democrats are “very, very supportive” of such a move, a source tells AP,...http://www.newser.com/story/70347/feds-weigh-new-bailouts-for-smaller-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 25 Sep 2009 18:40:11 CDThttp://www.newser.com/story/67724/frank-rewriting-wall-street-rules-as-public-yawns.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBarney Frank is working on the biggest legislation of his career, and no one seems to care. Frank, the chairman of the House Financial Services Committee, is preparing for markup sessions on a bill to revolutionize America’s financial regulatory structure. “It’s been eclipsed obviously in the public’s mind by health...http://www.newser.com/story/67724/frank-rewriting-wall-street-rules-as-public-yawns.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 25 Aug 2009 11:59:44 CDThttp://www.newser.com/story/54925/lawmakers-spent-taxpayer-money-on-91m-in-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe lawmakers blustering about corporate bonuses haven't shied away from using government funds to reward their own staffers, a Wall Street Journal look at the records reveals. More than 200 House lawmakers from both parties paid $9.1 million in bonuses to 2,000-plus staff members in 2008—one of...http://www.newser.com/story/54925/lawmakers-spent-taxpayer-money-on-91m-in-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 01 Apr 2009 6:33:01 CDThttp://www.newser.com/story/50539/bank-execs-to-congress-we-are-lending.html?utm_source=syn&utm_medium=rss&utm_campaign=tag“We’re lending,” bank executives told Congress this morning, as CEOs including Jamie Dimon, Ken Lewis, and Vikram Pandit testified before the House Financial Services Committee. They also defended the outrage-inducing (but, they stressed, much reduced) bonuses they handed out, according to their prepared testimony. “Our employees worked harder than ever,...http://www.newser.com/story/50539/bank-execs-to-congress-we-are-lending.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Feb 2009 9:35:17 CSThttp://www.newser.com/story/50487/humbled-bank-ceos-will-deny-blowing-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank bosses being grilled by Congress today will defend their use of bailout cash, according to prepared testimony obtained by Reuters. Chief executives from the eight biggest US banks arrive in Washington this morning—by public transportation instead of private jet this time—and are expected to strike a note...http://www.newser.com/story/50487/humbled-bank-ceos-will-deny-blowing-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Feb 2009 2:12:19 CSThttp://www.newser.com/story/44523/automaker-bankruptcy-would-be-a-disaster-frank.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe CEOs of the Big Three are back on Capital Hill this morning testifying before the House Financial Services Committee, and Barney Frank at least seems sympathetic. The chairman said bankruptcy “would be a disaster,” given the current credit markets and today’s dire job report, adding that “the country is...http://www.newser.com/story/44523/automaker-bankruptcy-would-be-a-disaster-frank.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 05 Dec 2008 11:02:16 CSThttp://www.newser.com/story/44387/barney-frank-at-the-center-of-the-storm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAt the center of Washington’s financial crisis, Barney Frank has been called a “left-wing zealot”—but the congressman, while he’s admitted mistakes, has long been canny and courageous in his positions, writes Maureen Tkacik in Boston magazine. Amid much talk of the “moral hazards” in addressing the crisis, “the real...http://www.newser.com/story/44387/barney-frank-at-the-center-of-the-storm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 05 Dec 2008 8:00:00 CST