More on Financial Services

Feb 9, 2012

Weakened Version of Congressional Insider Trading Ban Passes House

Washington, D.C. – Today, U.S. Rep. Carolyn Maloney (D-Manhattan, Queens) spoke on the House floor regarding the Stop Trading on Congressional Knowledge (STOCK) Act, a measure cosponsored by Maloney and a bipartisan group of more than 270 House members.  Maloney voted for the measure, which passed the House by a vote of 417-2, but said that while the bill is “better than nothing,” it should not have been weakened behind closed doors by the Republican leadership.

Feb 2, 2012

Maloney Urges Immediate Passage of Congressional Insider Trading Ban

Washington, D.C. – Last night, U.S. Rep. Carolyn Maloney (D-Manhattan, Queens) signed a discharge petition that would force a vote on the Stop Trading on Congressional Knowledge (STOCK) Act, a measure sponsored by New York Rep. Louise Slaughter and cosponsored by a bipartisan group of more than 270 House members, including Maloney.    

Jan 26, 2012

Rep. Maloney statement on Brad Miller’s retirement

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, released the following statement upon Rep. Brad Miller’s announcement that he would retire at the end of the current Congress:

Jan 12, 2012

Reps. Maloney, Frank and House Financial Services Committee members congratulate Richard Cordray upon his appointment as first Director of the CFPB

WASHINGTON, DC – Reps. Carolyn Maloney (D-NY), Barney Frank (D-MA) and 20 other Democratic members of the House Financial Services Committee sent a letter today to Richard Cordray, newly-named Director of the Consumer Financial Protection Bureau, congratulating him on his historic appointment.

Jan 4, 2012

Rep. Maloney Statement on President’s Recess Appointment of Cordray to Lead Consumer Financial Protection Bureau

New York, NY – U.S. Rep. Carolyn Maloney (D-NY), a senior member of the House Financial Services Committee and a strong supporter of the Consumer Financial Protection Bureau (CFPB), released the following statement today on President Obama’s recess appointment of former Ohio Attorney General Richard Cordray to lead the CFPB:

Dec 16, 2011

Rep. Maloney applauds decision by JP Morgan Chase to use Pew’s standardized checking fee disclosure form

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, today offered praise for JP Morgan Chase’s decision to adopt the standardized checking disclosure form developed by the Pew Charitable Trust earlier this year.

Dec 10, 2011

Maloney Announces “Micro Biz” Bill to Help Small Businesses Grow and Create Jobs

New York, NY – On Saturday, U.S. Rep. Carolyn Maloney (D-Manhattan, Queens) announced new legislation to increase the availability of micro-loans to help entrepreneurs start or expand businesses and create jobs.  Maloney’s bill would give federal grants to Community Development Financial Institutions to establish loan-loss reserves, which would leverage private investment to provide small businesses with loans of up to $25,000. 

Dec 10, 2011

Huizenga, Maloney, Frank, Sensenbrenner Introduce Bipartisan Bill to Increase Private Sector Competition For Government Contracts

Washington, D.C. - U.S. Rep. Bill Huizenga, MI-02, along with Reps. Carolyn Maloney, NY-14, Barney Frank, MA-04, and Jim Sensenbrenner, WI-05, announce legislation that will once again allow local job creators - especially manufacturers and service industries - to compete on equal footing for contracts with the federal government.

Dec 9, 2011

Rep. Maloney reacts to defeat of Cordray nomination

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), made the following statement today after the Senate defeated the nomination of Richard Cordray to head the CFPB.

Dec 5, 2011

Rep. Maloney statement on importance of confirming Richard Cordray to lead CFPB

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, today issued the following statement on the importance of Senate confirmation of Richard Cordray to lead the CFPB.

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