Category «Congress»

Oversight of Implementation of Emergency Economic Stabilization Act of 2008

House Financial Services Committee – Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability Tuesday, November 18, 2008 Witness List & Prepared Testimony Henry M. Paulson, Jr., Secretary, U.S. Department of the Treasury Ben S. Bernanke, Chairman, Board of Governors …

Subjects: Congress, E-Government, Government Documents

CBO Cost Estimate for S. 3689, Economic Recovery Act of 2008

S. 3689, Economic Recovery Act of 2008 – November 18, 2008 – Cost estimate for the bill as introduced on November 17, 2008. “CBO estimates that enacting this legislation would provide $89.3 billion in budget authority and result in outlays totaling $50.4 billion in 2009 and $88.4 billion over the 2009-2018 period— excluding potential additional …

Subjects: Congress, E-Government, Government Documents, Legislation

Bi-Partisan Senate Call for Qualifications of New Attorney General

Attorney General Must Work Without Partisanship, Op-Ed, October 28, 2008, By Sen. Patrick Leahy & Sen. Arlen Specter: “In much the same way that our financial system is suffering a crisis of confidence, our Justice Department — the flagship of our system of justice — also faces a difficult road to rebuild trust after a …

Subjects: Congress, E-Government, Government Documents, Legal Research

Financial Institution Bailout Under Critical Review

Senate Banking Committee Hearing: Oversight of the Emergency Economic Stabilization Act: Examining Financial Institution Use of Funding Under the Capital Purchase Program, November 13, 2008 Opening Statement of Chairman Christopher J. Dodd, “Oversight of the EESA: Examining Financial Institution Use of Funding Under the Capital Purchase Program” – “…five trillion dollars have been committed in …

Subjects: Congress, Government Documents, Legislation

Committee Holds Hearing on Hedge Funds and the Financial Market

“The House Committee on Oversight and Government Reform held a hearing titled, Hedge Funds and the Financial Market, on November 13, 2008. The hearing examined systemic risks to the financial markets posed by hedge funds and proposals for regulatory and tax reforms.” Opening Statement of Rep. Henry A. Waxman: “The five witnesses we will hear …

Subjects: Congress, E-Government, Government Documents

White Paper: Call to Action – Health Reform 2009

Senate Finance Chairman Max Baucus: “It is the duty of the next President and the next Congress to reform America’s health care system. In 2009, Congress must take up and act on meaningful health reform legislation that achieves universal coverage while also addressing the underlying problems in our health system. The urgency of this task …

Subjects: Congress, E-Government, Government Documents

Support for Legislation to Provide Aid to the Auto Industry

Follow up to previous postings on calls for a government bail- out of the auto industry, today Speaker Pelosi stated: “I have asked Chairman Barney Frank of the House Financial Services Committee to work with House and Senate leaders, and with the Bush Administration, to craft legislation to provide emergency and limited financial assistance to …

Subjects: Congress, E-Government, Government Documents, Legislation

Pelosi, Reid Call On Paulson To Use Authority To Provide Aid To Auto Industry

Follow up to November 7, 2008 posting – Is a Government Bail-Out In GM’s Future? – this November 8 press release: “Senate Majority Leader Harry Reid and Speaker Nancy Pelosi today sent a letter to Treasury Secretary Henry Paulson calling on him to review the feasibility of using the authority given under the Emergency Economic …

Subjects: Congress, Government Documents, Legislation

FTC Submits Report to Congress on Do Not Call Improvement Act of 2007

News release: “The Commission has approved the Report to Congress Under the Do Not Call Improvement Act of 2007 (2007 DNCIA) [Pub. L. No. 110-187, 122 Stat. 633 (2008)], signed into law on February 15, 2008. The report, which is mandated under the 2007 DNCIA, contains information on the Commission’s efforts to improve the accuracy …

Subjects: Congress, E-Government, Government Documents, Legislation, Privacy

GAO: 2009 Congressional and Presidential Transition

“Following each presidential election, GAO serves as a resource to assist with the transition to a new Congress and administration. On this Web site, Serving the Congress and the Nation, using its institutional knowledge and broad-based, nonpartisan work on matters across the government spectrum, GAO provides insight into, and recommendations for addressing, the nation’s major …

Subjects: Congress, E-Government, Government Documents

Stemming the Current Economic Downturn Will Require More Stimulus

“Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC), and Rep. Carolyn B. Maloney, JEC Vice Chair, released a new JEC report entitled Stemming the Current Economic Downturn Will Require More Stimulus. The current economic downturn follows the weakest recovery on record. Families face rising unemployment, high prices, dwindling assets, historically high debt, …

Subjects: Congress, E-Government, Government Documents