Jeb Hensarling News

The government's top watchdogs are quickly becoming all bark and no bite, say critics who call the recent "purge" of inspectors general a warning about limited transparency in the Obama administration.

Five northern Colorado businessmen - representing the agriculture and banking industries - will share their stories before a panel of lawmakers and leaders from across the nation next week in Greeley.

Each Fourth of July, the National Mall sparkles like a jewel. But by day it's clear, the nation's front yard - as it is known - is in need of some serious yard work, reports CBS News correspondent Nancy Cordes .

A panel of lawmakers and leaders from across the nation will meet in Greeley next week to discuss the federal program to strengthen the country's financial industry by injecting capital into banks hit hard in recent years.

"There their everything, their crown and glory," Gerry Stovall told CBS 19. The wigs in Gerry's Boutique, are more than just merchandise.

Reporting from Washington -- President Obama, pushing a key part of his overhaul of financial regulations, sent to Congress a draft bill that would create the Consumer Financial Protection Agency, which he said would better protect Americans from unscrupulous practices and make financial products easier to understand.

June 26, 2009 - Earlier financial education in addition to better and simpler information on financial products may be the best tools for improving financial literacy in America, witnesses said in a House Financial Services subcommittee hearing Thursday.

A leading congressional Republican lambasted Democratic New York Rep. Anthony Weiner yesterday for calling on Fannie Mae and Freddie Mac to lower lending standards even though defaults on mortgage loans are widely blamed for the nation's current economic crisis.

Claire Hensalring, the 7 year old daughter to Rep. Jeb Hensarling just dunked Rahm Emanuel at the White House Luau dunk tank, making her daddy proud.

Reporting from Washington -- There is broad agreement in Congress that government regulators failed to protect Americans from subprime mortgages and other risky credit products, but Democrats and Republicans split sharply Wednesday over creating a consumer watchdog agency to police the financial industry.

From my special report today in The American Spectator : Neil Barofsky is "SIGTARP," the special investigator general whose job is to keep an eye on disbursement from the Troubled Assets Relief Program, the $3 trillion financial bailout that was rushed through Congress in October.

House Financial Services Chairman Barney Frank scoffed Wednesday at assertions that a new consumer protection agency would morph into "some out of control entity." "There is no pattern of overregulation I can see in the consumer area, and I don't see one here," Frank, D-Mass., said at a hearing on the Obama administration's proposals to overhaul ...

There is no doubt that headway has been made in the battle to reform earmarks, at least among House Republicans that is.

The White House's proposed financial rules overhaul Wednesday includes provisions that push banks to increase lending to low-income areas, even as it seeks to increase both federal and state oversight of that "subprime" market.

Description: Rep. Jeb Hensarling, , on why the government should not be in the business of bailing out companies.

Fri, Jun 19, 2009 Officials in Los Banos, a city of 36,000 on the western edge of the San Joaquin Valley, received a call they didn't expect shortly after they submitted an application for federal money to hire more police officers.

ABC News' Matt Jaffe reports: The lone sitting Republican member of Congress on the Congressional Oversight Panel tonight dubbed the Treasury Department's challenge of the independence of bailout watchdog Neil Barofsky "outrageous, "unprecedented", and "disturbing", and he called on the Panel to launch an immediate investigation.

The Obama administration's latest financial regulatory reform proposal contains a stunning surprise hidden on page 67: 'Rigorous application of the Community Reinvestment Act should be a core function of the CFPA.' The Community Reinvestment Act, or CRA, should be a core function of the CFPA or the Consumer Financial Protection Agency.

Jun 17 2009 12:00AM http://sayanythingblog.com/index.php Seems as though public opinion on this point is pretty clear .

The 2009 Van Zandt County Man and Woman of the Year should be familiar to anyone in local economic development circles in recent years.