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Banking & Financial Services Legislative Alerts
The Senate’s recent actions on the 2013 Farm Bill speak to Washington’s complete lack of seriousness in getting spending under control.
By: Griffin Adams Appropriation discussions for the 2014 fiscal year are in full swing in Washington, providing Congress with a natural opportunity to re-evaluate where federal dollars are going. As part of this process, Congress should consider shutting down costly federal agencies. One of the first that should be on the chopping block is the [...]
Food programs and farm programs should be considered separately, not rolled together in one massive package of legislation.
Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010. The amendment prevented banks from charging more than 24 cents per debit card transaction. Before Durbin, banks were charging roughly 44 cents per debit card transaction. In the aftermath of the [...]
Jason Hughey Last week, President Obama appointed Congressman Mel Watt from North Carolina to be the new director of the Federal Housing Finance Agency (FHFA). If Congress confirms Watt’s appointment, he will replace FHFA’s acting director, Ed DeMarco. This is a major development for federal housing policy because Watt will likely reverse DeMarco’s stance against [...]