Tag: Consumer Protections

Today, Speaker Pelosi and Senate Majority Leader Harry Reid sent the following letter to the Acting Architect of the Capitol, Stephen T. Ayers, asking that the Capitol Power Plant (CPP) use 100 percent natural gas for its operations. They write, “the switch… Continue

The Chicago Tribune reports: Northern Trust Corp., which in November received about $1.5 billion as part of the U.S. Treasury Department’s Troubled Asset Relief Program, defended Tuesday its wining and dining of clients during the recent Northern Trust Open in California. Entertainment… Continue

President Obama's unveiling of his Homeowner Affordability and Stability Plan represents a comprehensive strategy to reduce record foreclosures and stop the nationwide plunge in home values. Addressing the foreclosure crisis is essential to get our economy moving again. Congress stands ready to… Continue

Today, President Obama will sign the American Recovery and Reinvestment Act into law. Learn more about how the legislation will help you and your state by reading these fact sheets from the White House: OVERVIEW ON AMERICAN RECOVERY AND REINVESTMENT ACT>> IMPACT… Continue

This afternoon, the House passed the Conference Report of the American Recovery and Reinvestment Act by a vote of 246-183, to save and create jobs, get our economy moving again, and transform it for long-term growth and stability. Learn more about the… Continue

Speaker Pelosi and Financial Services Chairman Barney Frank sent the following letter today to Robert L. Nardelli, Chairman and CEO of Chrysler, and Rick Wagoner Jr., Chairman and CEO of General Motors, regarding their company restructuring plans, which are due next week:… Continue

The urgency is clear. The choice is clear. The House will vote this week on a plan to create and save 3.5 million American jobs, jumpstart our economy, and transform it for success in the 21st century. The American Recovery and Reinvestment… Continue

Today, the Energy and Commerce Subcommittee on Oversight and Investigations is holding a hearing examining the recent salmonella outbreak associated with peanut products manufactured by the Peanut Corporation of America. Watch the live webcast>> Chairman Waxman, in his opening statement, explains the… Continue

Today, the House Financial Services Committee held a hearing entitled, “An Examination of the Extraordinary Efforts by the Federal Reserve Bank to Provide Liquidity in the Current Financial Crisis” with Federal Reserve Chairman Ben S. Bernanke testifying. Read Chairman Bernanke’s prepared testimony>>… Continue

The Obama Administration's comprehensive financial system stabilization plan recognizes the need, for the first time at the presidential level, to address foreclosures systematically and effectively. Restoring the flow of credit to consumers and small businesses, helping homeowners avoid foreclosure, and increasing transparency… Continue