Spencer Bachus

Why Are Our Political Leaders Jumping to Jamie Dimon's Defense?

David Paul | Posted 05.20.2012

Read More: JPMorgan Chase, Bruno Iksil, Long Term Capital Management, William Harrison, President Obama, Ina Drew, Jamie Dimon, Spencer Bachus, Sandy Weill, Politics News
David Paul

It may be that what we are actually watching is a not very subtle food fight between our two political parties for campaign cash. Simply stated, this is not about Dimon's management skills, rather it is about his wallet.

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GOP Rep Cleared In Insider Trading Probe

Posted 04.30.2012

Read More: Congressional Insider Trading, Politics News, House of Representatives, Video, Congress, Insider Trading, Office of Congressional Ethics, Ethics, Spencer Bachus, STOCK Act, Politics News

The Office of Congressional Ethics found no evidence of Rep. Spencer Bachus (R-Ala.) violating insider trading rules and has unanimously agreed to dro...

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Payday Lenders Know You Gotta Spend Money To Make Money

The Huffington Post | Alexander Eichler | Posted 04.20.2012

Read More: Payday Lending, Payday Lenders, Consumer Financial Protection Bureau, Ftc, Campaign Contributions, Cfpb, Elections 2012, Payday Loans, Richard Shelby, Spencer Bachus, Jeb Hensarling, Federal Trade Commission, Video, Business News

Consumer advocates in Washington have pledged to battle payday lenders, the quick-cash loan shops that often charge ruinously high interest rates to p...

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Matt Sledge

Lobbyist Brags About Helping Rep. Win Primary Challenge: 'It Helps To Have Friends'

HuffingtonPost.com | Matt Sledge | Posted 03.22.2012

Read More: Video, Jack Abramoff, Spencer Bachus Insider Trading, Community Banks, Small-Lending, Richard Gose, Campaign for Primary Accountability, Spencer Bachus, Suzanne Bonamici, Spencer Bachus Alabama, Credit Unions, Politics News

Earlier this month Rep. Spencer Bachus (R-Ala.), chairman of the powerful House committee that oversees the financial services industry, was facing a ...

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Zach Carter

'We'll Fight This To The Death': The Vicious Capitol Hill Battle Between Banks and Credit Unions

HuffingtonPost.com | Zach Carter | Posted 03.22.2012

Read More: Corruption, Congress, Small Business, Icba, Community Banks, Lobbying, Economy, Bank Transfer Day, Barney Frank, Move Your Money, Jobs, Cuna, Small Banks, Politics, Video, Tbtf, Wall Street, Banks, Spencer Bachus, Credit Unions, Politics News

WASHINGTON -- In early February, Alabama Republican Spencer Bachus called for a meeting between two of the most quietly influential interest groups in...

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Incumbents Beat Back Primary Challengers

AP | By JAY REEVES | Posted 03.14.2012

Read More: Steven Palazzo, Bonner, Mississippi Election Results 2012, Alabama Election Results 2012, Alabama Primary 2012 Results, Bachus, Elections 2012, Campaign for Primary Accountability, Alabama Primary Results 2012, Mississippi Primary Results 2012, Al Primary Results 2012, Mississippi Election Results, Ms Primary Results 2012, Mississippi Primary 2012 Results, Al Election Results 2012, Ms Election Results, Alabama Election Results, Al Election Results, Jo Bonner, Alabama Primary Results, Video, 2012 Election; Primary Results 2012, Ms Primary Results, Alan Nunnelee, Ms Election Results 2012, Spencer Bachus, Election Results 2012, Gregg Harper, Al Primary Results, Mississippi Primary Results, Politics News

BIRMINGHAM, Ala. -- Two House committee chairmen on Tuesday staved off aggressive primary challenges in Alabama, while Mississippi's junior senator cr...

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Top GOP Congressman Facing Tough Primary

Posted 03.13.2012

Read More: Video, Al Primary Election 2012, Al Primary, 2012 Election, Spencer Bachus Primary, Bachus Primary, Al Primary Election, Bachus, Alabama Primary Election 2012, Elections 2012, Alabama Primary, Spencer Bachus, Al Primary 2012, Alabama Primary 2012, Alabama Primary Election, Politics News

By Kelli Dugan MOBILE, Alabama--Powerful Alabama Congressman Spencer Bachus, chair of the U.S. House committee overseeing financial regulation,...

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Welcome to the U.S. Egress

Arnie Reisman | Posted 05.08.2012

Read More: Politics, Congress, Comedy, Olympia Snowe, GOP Congress, Congress Approval Rating, Spencer Bachus, Congress Inside Trading, Congress Gas Prices, Obama Congress, Comedy News
Arnie Reisman

Today's Congress does not work and it is time to throw them all out.

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Insider Trading Probe Has Boehner In Tough Spot

The Hill | By Jordy Yager and Peter Schroeder | Posted 02.11.2012

Read More: Spencer Bachus Ethics Probe, Stock Trading, Video, Insider Trading, Stocks, Spencer Bachus Insider Trading, John Boehner, Spencer Bachus Investigation, Spencer Bachus, Politics News

An ethics investigation of Financial Services Committee Chairman Spencer Bachus (R-Ala.) has put Speaker John Boehner (R-Ohio) in a politically tricky...

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GOP Rep Faces Scrutiny

AP | LARRY MARGASAK | Posted 04.11.2012

Read More: Spencer Bachus Ethics Committee, Bachus Ethics Committee, Video, Spencer Bachus Insider Trading, Spencer Bachus Investigation, Bachus, Eithcs Committee, Spencer Bachus, Bachus Insider Trading, House Ethics Committee, Bachus Investigation, House Financial Services Committee, Rep. Spencer Bachus, Politics News

WASHINGTON — A new ethics investigation of the House Financial Services Committee chairman's investment activities during the events leading up ...

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Sources: GOP Congressman Faces Insider-Trading Investigation

The Washington Post | Posted 02.09.2012

Read More: Congress, Insider Trading, Spencer Bachus, Alabama, Insider Trading Spencer Bachus, Office of Congressional Ethics, Spencer Bachus Insider Trading, House Financial Services Committee, Politics News

The Office of Congressional Ethics is investigating the chairman of the House Financial Services Committee over possible violations of insider-trading...

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Michael McAuliff

House GOP Introduces Insider Trading Bill But Strips Disclosure Rules

HuffingtonPost.com | Michael McAuliff | Posted 04.09.2012

Read More: Video, Insider Trading Bill, Charles Grassley, John Boehner, Nancy Pelosi, Louise Slaughter, Spencer Bachus, Tim Walz, Barack Obama, Eric Cantor, STOCK Act, Politics News

WASHINGTON -- Key provisions of the STOCK Act, the bill to bar insider trading by lawmakers, were removed in the latest version unveiled Wednesday in ...

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Jennifer Bendery

Republicans Press Justice Dept On Legality Of Recess Appointments

HuffingtonPost.com | Jennifer Bendery | Posted 01.06.2012

Read More: Richard Cordray, Video, Chuck Grassley, Obama Appointments, Consumer Financial Protection Bureau, Recess Appointments, Spencer Bachus, Obama CFPB, Obama Recess Appointments, Obama Cordray, Cordray CFPB, Politics News

WASHINGTON -- House and Senate Republicans fired off letters to the Justice Department on Friday demanding to know what role the agency played, if any...

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For a Sane Economy in 2012, How About a Little Shame?

Richard (RJ) Eskow | Posted 03.03.2012

Read More: JPMorgan Chase, Spencer Bachus, Moral Economics, Angela Merkel, GE Capital, Jamie Dimon, Paul Krugman, Simon Johnson, Jeffrey Immelt, Barack Obama, Economy, Politics News
Richard (RJ) Eskow

The other day I was asked what one single thing could do the most to save our economy. What one idea or tool might help us create a more just society? My answer was "shame."

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Mollie Reilly

GOP Rep, Rogue Trader

HuffingtonPost.com | Mollie Reilly | Posted 11.14.2011

Read More: Congress, Insider Trading, Congressional Republicans, Stock Market, Throw Them All Out, Spencer Bachus Investments, Video, 60 Minutes, Spencer Bachus Rogue Trader, Gop, Peter Schweizer, Spencer Bachus, House Financial Services Committee, Republicans, Politics News

WASHINGTON -- Hours after leaving a closed-door meeting with top government officials about the impending financial collapse in September 2008, Rep. S...

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Rep. Patrick McHenry's Wall Street Goon Squad Targets Elizabeth Warren -- and America's Consumers

Richard (RJ) Eskow | Posted 07.24.2011

Read More: Elizabeth Warren, Patrick McHenry, Spencer Bachus, Wall Street, Elijah Cummings, Bob Dylan, Politics News
Richard (RJ) Eskow

Elizabeth Warren tells the truth, talks straight, and fights for the middle class, and that makes her dangerous to the people who call the shots for "leaders" like Patrick McHenry and Spencer Bachus.

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Elizabeth Warren Remains On Short List To Head Consumer Protection Bureau

The Huffington Post | Maxwell Strachan | Posted 07.04.2011

Read More: Elizabeth Warren, Ted Strickland, Daily Show, Consumer Financial Protection Bureau, Financial Reform, Cfpb, Director Consumer Protection, Fred Keating, Spencer Bachus, Jamie Dimon, Dodd Frank, Business News

Elizabeth Warren might become head of the soon-to-open Consumer Financial Protection Bureau after all. President Barack Obama has yet to nominate ...

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Credit Card Executives Optimistic In Face Of Looming Dodd-Frank Rules

Posted 07.02.2011

Read More: JPMorgan Chase, US Banks, Spencer Bachus, Credit Cards, Financial Reform, Credit Card Executives, Dodd Frank, Business News

MIAMI BEACH, Florida (Maria Aspan) For the first time in years, credit card executives are looking beyond the losses of the financial crisis -- an...

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Dan Froomkin

Big PAC Money Flows To New Republican House Chairmen

HuffingtonPost.com | Dan Froomkin | Posted 06.16.2011

Read More: Dave Camp, Fec, Fred Upton, Spencer Bachus, Fundraising, 2012 Election, Paul Ryan, Politics News

It's true what they say about victors and spoils. Fundraising reports for the first quarter of 2011 show that the new Republican chairmen of key Ho...

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In The Public Interest: Congress Still Demonizing Elizabeth Warren, Meanwhile, Chase Rolls Out the $5 ATM Fee

Ed Mierzwinski | Posted 06.05.2011

Read More: Elizabeth Warren, Shelley Moore Capito, Comptroller of Currency, Jobs, Overdraft Rules, Professor Elizabeth Warren, Atm Free, Mortgage, Chase Bank, Consumer Protection Act, Cfpb, Consumer Financial Protection Bureau, Debit Card, Banks, Foreclosure, Spencer Bachus, U.S. PIRG, Fees, Wall Street, Consumer Protection, Financial Meltdown, Politics News
Ed Mierzwinski

Washington should be implementing Wall Street reform, not tearing it down.

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GOP Congressman vs. Elizabeth Warren

The Baseline Scenario | Simon Johnson | Posted 05.30.2011

Read More: Tom Miller, Elizabeth Warren, Occ, Shelley Moore Capito, Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Cfpb, Gop, House Subcommittee on Financial Institutions and Consumer Credit, Department of Justice, Spencer Bachus, House Financial Services Committee, Republicans, Politics News

By Simon Johnson The Baseline Scenario Representative Spencer Bachus, Republican chair of the House Financial Services Committee, famously remarke...

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What Passes for Scandal Among Republicans

Mike Lux | Posted 05.30.2011

Read More: Elizabeth Warren, Spencer Bachus, U.S. House of Representatives, Wall Street, Shelley Moore Capito, Big Banks, Consumer Financial Protection Bureau, Republican Congress, Politics News
Mike Lux

You would think that the Republicans in the House would have better things to do than erupt in outrage over whether something is "advice" or a "recommendation." You would be wrong.

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High Noon on Wall Street

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Elizabeth Warren, Spencer Bachus, Wall Street, Tim Geithner, Financial Reform, Will Kane, Paul Krugman, Gary Cooper High Noon, Joe Nocera, Dodd-Frank, Sheila Bair, Barack Obama, Business News
Richard (RJ) Eskow

This is the administration's chance to stand with fighters like Elizabeth Warren, both in its words and in its deeds. Some well-targeted prosecutions would be an enormous political boon. It would also be the right thing to do.

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Why Republicans Hate Warren's CFPB But Love Another Bank Regulator

Stacy Mitchell | Posted 05.25.2011

Read More: Elizabeth Warren, Occ, Dodd-Frank, Community Banks, Financial Reform, Office of the Comptroller of the Currency, Cfpb, Move Your Money, Banks, Financial Crisis, Spencer Bachus, Consumer Protection, Big Banks, Business News
Stacy Mitchell

What's really at issue in the fight over the CFPB is not how the agency is structured or how much power it will have, but whose interests it serves.

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Zach Carter

Senators Back Delay In Crackdown On Fees That Yield Billions For Banks

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Price-Fixing, Community Banks, Senate Banking Committee, Federal Reserve, Debbie Wasserman Schultz, Business, Mortgage-Companies, Merchant Payments Coalition, Eric Cantor, Politics, Visa, Bank Lobby, Bob Corker, Spencer Bachus, Tester-Corker Bill, Subprime Loans, Michael Hunter, Financial Regulation, American Bankers Association, Dick Durbin, Credit Cards, Shelly Moore Capito, Bank Lobbyists, Mastercard, Wall Street, Consumer Federation of America, Consumer Financial Protection Bureau, Swipe Fees, Jon Tester, Debit Cards, US News, House Financial Services Committee, Politics News

WASHINGTON -- On Tuesday, a group of nine senators led by Montana Democrat Jon Tester put their names behind legislation to delay the Federal Reserve'...

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