Facing A Problem Of Community In Governance
At church the other morning, the pastor's sermon was about community. She asked us to look at what kind of relationship we had with others in the community.
Fri May 17, 2013
The Miami Herald
Bill clears House for stricter SEC requirements
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
Thu May 16, 2013
Republicans alarmed over political spending plan
Republican lawmakers on Thursday cited the recent Internal Revenue Service scandal as they urged the chief of the nation's securities watchdog not to require publicly-traded corporations disclose how all their money is spent on politics.
Wed May 15, 2013
the Big Question: Will Federal Housing Administration (Fha) be the...
We haven't heard much lately about the Federal Housing Administration , the nation's oldest housing agency, but Octavio Nuiry of RealtyTrac writes under the headline: "Presidents 2014 Budget Foresees $943 Million FHA Bailout" that "The Obama administration's proposed fiscal budget for 2014 estimates that the cash-strapped Federal Housing ... (more)
Tue May 14, 2013
National Mortgage News
House Committee Working on FHA Reform Bill
Investors Continue to Drive Home Price Increase Pro Teck CEO Tom O'Grady discusses the April 2013 Home Value Forecast, featuring the Los Angeles, Atlanta and Warren, Mich.
Mon May 13, 2013
CREW Releases Report Examining the Influence of High Frequency Traders in Washington
May 13 - Today, Citizens for Responsibility and Ethics in Washington released a new report, Rise of the Machines , detailing the growing political influence of high frequency traders in the nation's capital.
Thu May 09, 2013
House to vote to prioritize US debt payments
The Republican-controlled House is moving to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit and is unable to meet all of its obligations.
Tue May 07, 2013
The Washington Post
House passes bills to limit regulation of securities known as derivatives
Nearly three years after Congress passed the Dodd-Frank financial law to limit risky activities on Wall Street, a series of bills could weaken regulation of derivatives - the exotic securities that helped fuel the crisis.
US News & World Report
Financial Services Committee Must Reject Wall Street Derivatives Bills
Jim Lardner is the communications director at Americans for Financial Reform , a coalition of more than 250 civil rights, consumer, labor, business, investor and other groups working for a strong, stable and ethical financial system.
Mon May 06, 2013
Why Medical Debt Reform Could Actually Happen Now
There's at least one thing Congressional Republicans and Democrats agree on, and it's that medical debt is a problem.
GOP House candidates raise 17 times more cash than Dems
Houston has become a bastion of Republican congressional fundraising, with GOP House candidates raising more than 17 times as much campaign cash from area donors as their Democratic counterparts in the first three months of 2013.
Lew urges committee to halt Dodd-Frank tweaks
The White House is opposing a handful of bills that previously garnered bipartisan support that would alter new derivatives regulations in the Dodd-Frank financial reform law.
Politico's New Myth: It's Never Easy for House GOP to Raise Debt Ceiling
"It's never been easy for House Republicans to raise the debt limit." With that opening sentence, Jake Sherman and Steven Sloan of Politico provided air cover for the GOP's unprecedented--and dangerously irresponsible--d ebt ceiling hostage-taking . After all, Republicans in both houses of Congress had no problem raising the debt limit until ... (more)
Sun May 05, 2013
Midday open thread
The World Meteorological Organization's Statement on the Status of the Global Climate says that 2012 joined the ten previous years as one of the warmest - at ninth place - on record despite the cooling influence of a La NiA a episode early in the year.
Fri May 03, 2013
House Committee Refuses To Allow CFPB Director To Appear
On April 22, House Financial Services Committee Chairman Jeb Hensarling sent letters to CFPB Director Richard Cordray and CFPB General Counsel Meredith Fuchs stating that the House Financial Services Committee cannot allow Director Cordray to testify on the CFPB's semiannual report, as the Committee has in the past, because no nominee for CFPB ... (more)
Thu May 02, 2013
Who funds Sheila Jackson Lee?
Many Texas politicians swell with pride when speaking of their home state, but who relied the most on Lone Star citizens for their campaign dollars? Houston Democrats Sheila Jackson Lee and Gene Green are at the opposite end of relying on the Lone Star State for campaign fundraising, according to a Houston Chronicle analysis.
Congressman, former lobbyist get housing, FCC nods
President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission.
Wed May 01, 2013
Tim Carney: Left-Right coalition looks outmatched by big banks
The big banks are bigger than ever, and despite an eye-catching Left-Right alliance to break them up, they're likely to stay big for the foreseeable future.
Fed keeps stimulus, says taxes and cuts have hurt
The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment.
Fed's language shift signals Washington is harming growth
The rate-setting Federal Open Market Committee concluded its May meeting by continuing to keep near zero its benchmark federal funds rate, an overnight rate that banks charge one another that influences the costs of borrowing for consumers and businesses alike.