Items Tagged with 'Shelby'


  • Senate banking committee passes massive regulatory relief bill

    Big implications in legislation for housing and mortgage finance
    The Senate Committee on Banking, Housing and Urban Affairs passed “The Financial Regulatory Improvement Act of 2015” on Thursday, which will, if it makes it through the bill-making grinder and gets passed into law, bring big changes to the red tape the mortgage finance industry is tied up in.
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  • Ben Bernanke testimony on financial markets, bailout

    Below is Fed chairman Ben Bernanke's prepared remarks to the Senate Banking Committee regarding a historic bailout plan being proposed by Bush adminstration officials*: (*Bernanke actually never said much of the below in his testimony, ditching his prepared remarks to speak off-script regarding the issue of pricing bad assets for purchase)
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  • Paulson's testimony on turmoil in credit markets

    Below is Treasury Secretary Henry Paulson's prepared testimony to the Senate Banking Committee on a proposed historic bailout of the U.S. financial markets: Chairman Dodd, Senator Shelby, members of the committee, thank you for the opportunity to appear before you today. I appreciate that this is a difficult period for the American people. I also appreciate that Congressional leaders and the Administration are working closely together so that we can help the American people by quickly enacting a program to stabilize our financial system.
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