More on Financial Services
Reps. Maloney and Frank renew call for Elizabeth Warren to head up Consumer Finance Protection Bureau
WASHINGTON, DC – Today, Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, and FSC Committee Chair Barney Frank (D-MA), and 41 other House members sent a letter to President Barack Obama, reiterating their call for Elizabeth Warren to head the new Consumer Finance Protection Bureau (CFPB) created by the Dodd-Frank financial regulation bill.
Reps. Maloney and Frank introduce bill to identify and crack down on shell corporations conducting illegal activities
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, and Chairman Barney Frank (D-MA) have introduced the “Incorporation Transparency and Law Enforcement Assistance Act”, H.R. 6098, which will help identify the true ownership of legal corporations used for illegal purposes.
Reps. Maloney, Frank, Gutierrez, Speier call for Elizabeth Warren to be nominated to head Consumer Finance Protection Bureau
WASHINGTON, DC – Reps. Carolyn Maloney (D-NY), Barney Frank (D-MA), Luis Gutierrez (D-IL), Jackie Speier (D-CA) and 53 other House members today sent a letter to President Barack Obama, calling on him to name Elizabeth Warren to head the new Consumer Finance Protection Bureau created by the Dodd-Frank financial regulation bill signed yesterday.
Maloney Applauds Senate Passage of Landmark Financial Reform Bill
WASHINGTON, D.C. – Rep. Carolyn Maloney (D-NY) issued the following statement applauding Senate passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act:
Maloney praises House passage of Financial Regulatory Reforms
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today praised House passage of the Dodd-Frank reforms in the following statement. “The Dodd/Frank bill is landmark legislation which will protect consumers and investors, while allowing our financial services industry to continue financing the creativity and innovation, which has, even in these difficult times, made the American economy the envy of the world.
Statement of Representative Carolyn Maloney on H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act
Thank you Chairman Frank for yielding, for your leadership and for presiding over the most open and transparent conference process in history. The Dodd/Frank bill is landmark legislation which will protect consumers and investors, while allowing our financial services industry to continue financing the creativity and innovation, which has, even in these difficult times, made the American economy the envy of the world.
Statement of Rep. Maloney on Financial Reform Conference Report
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today offered this statement following the final report of the Conference Committee early this morning. “This is a new day. Just over twelve months ago, President Obama called for major reforms as we were desperately trying to climb from the depths of the financial crisis. And today we've achieved the vast majority of his goals. He can attend the G20 meeting with a stronger hand to help lead the world out of this recession.
Rep. Maloney Applauds Passage of Small-Business Jobs Bills
Washington, D.C. – Congresswoman Carolyn Maloney hailed the House passage today of the Small Business Lending Fund Act of 2010 (H.R. 5297) and the passage Tuesday of Small Business Jobs Tax Relief Act (H.R. 5486). The Small Business Lending Fund Act of 2010 creates a new $30 billion fund to enable small- and medium-sized community banks (with less than $10 billion in assets) to lend to small businesses, among other measures. Participating banks would be required to pay back this funding to the federal government, with interest. Provisions of the Small Business Jobs Tax Relief Act include an exemption from capital gains taxes on investments made this year in small businesses, and increased tax deductions for entrepreneurs who start small businesses.
Rep. Maloney hails final set of rules implementing Credit CARD Act
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) hailed the third and final administrative rule announced by the Federal Reserve today, implementing her credit card reform legislation, “The Credit CARD Act.”
Maloney joins House in passage of FHA reforms
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today voted in favor of reforms to the Federal Housing Administration (FHA) which will protect homeowners from mortgage fraud and save tax dollars.
