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Stop insider trading in Congress

...against the Obama health care legislation.Rep. Spencer Bachus, then the ranking Republican member on the House Financial Services Committee, may have used information from confidential Federal Reserve meetings to take profitable positions while...
Outside Editorial: Congress members must abide by insider trading laws

...Democratic Minority Leader Nancy Pelosi, of California, and Rep. Spencer Bachus, R-Ala., chairman of the House financial services committee.Example: "60 Minutes" reported that Pelosi and her husband participated in an initial public offering...
Empire Editorial: Cutting off spending - the only way to hit the brakes

...what we should do to turn back.Last February, Federal Reserve Chairman Ben Bernanke - addressing the House Financial Services Committee ? described "a massive fiscal cliff of large spending cuts and tax increases" set to occur at the very...
Outside editorial: Banking fear

...Pandit has made his share of mistakes, but he probably knows more about how to run a bank than, say, House Financial Services Committee Chairman Barney Frank. Many members of Congress seem more interested in tarring and feathering bank executives...
Who's afraid of the free market?

...without them. A similar dynamic characterizes congressional efforts to regulate Wall Street. Last week the House Financial Services Committee took up the question of regulating derivatives. It crafted a bill that would enable the five banks with...
No one has sure fix for 'too big to fail' dilemma

...faced a series of ad hoc choices as to which institutions to bail out and how. Draft legislation before the House Financial Services Committee, which the Obama administration supports, rests on the assumption that too-big-to-fail is not only...
Grandstanding won't create jobs

...his department would solve anything. The Federal Reserve is the target of a bill freshly passed by the House Financial Services Committee that would open its monetary deliberations to political second-guessing. For its part, the Obama administration...
Outside editorial: Suing subprime

...mistake. The question is whether market discipline is enough, or whether government needs to reinforce it. House Financial Services Committee Chairman Barney Frank, D-Mass., is working on a comprehensive bill that would impose legal liability...
Outside Editorial: Bill needs to be passed for affordable housing

...introduced in the Senate by John F. Kerry, D-Mass. The current version of the bill, introduced by House Financial Services Committee Chairman Barney Frank, D-Mass., aims to "construct, rehabilitate, and preserve" 1.5 million housing...
Outside editorial: Detroit's holiday gift

...than nonunion workers by the end of 2009. UAW President Ronald Gettelfinger blasted the latter provision; House Financial Services Committee Chairman Barney Frank labeled it "an unfair assault" on working people and called on President-elect...


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