Issues
Content related to Financial Products and Services
Jan 4, 2012
Press Release
Today Rep. Henry A. Waxman released the following statement on the Presidential appointment of former Attorney General Richard Cordray:
"I am pleased that President Obama has appointed former Attorney General Richard Cordray as the new director of the Consumer Financial Protection Bureau. He has the experience and commitment to lead the Bureau and to enforce and implement the new...
Jul 21, 2011
Press Release
Today Rep. Henry A. Waxman, Ranking Member of the Energy and Commerce Committee, and Rep. G. K. Butterfield, Ranking Member of the Commerce, Manufacturing, and Trade Subcommittee, praised the launch of the Consumer Financial Protection Bureau (CFPB), which will enforce and implement consumer financial protections laws to ensure they are fair, transparent, and competitive.
Jul 21, 2010
Bill
On July 8, 2009, Rep. Frank of Massachusetts, Chairman of the Committee on Financial Services, introduced H.R. 3126, a bill to create a single agency dedicated to consumer financial protection. On October 29, 2009, the Committee on Energy and Commerce met in open markup session and ordered H.R. 3126 favorably reported to the House, amended, by a roll call vote of 33 - 19.
On December...
Jun 30, 2010
Floor Action
Oct 29, 2009
Markup
The Energy and Commerce Committee met on Thursday, October 29, 2009, at 1:00 p.m. in room 2123 Rayburn House Office Building. The committee considered H.R. 3126, the Consumer Financial Protection Agency Act of 2009.
Oct 29, 2009
Bill
On July 8, 2009, Rep. Frank of Massachusetts, Chairman of the Committee on Financial Services, introduced H.R. 3126, a bill to create a single agency dedicated to consumer financial protection.
H.R. 3126 created the Consumer Financial Protection Agency (CFPA) to ensure that: (1) consumers have, understand, and can use the information they need to make responsible decisions about...
Jul 8, 2009
Hearing
The Subcommittee on Commerce, Trade, and Consumer Protection held a hearing entitled "The Proposed Consumer Financial Protection Agency: Implications for Consumers and FTC" on Wednesday, July 8, 2009, in room 2123 Rayburn House Office Building. The hearing examined the Administration's proposal to create a new agency responsible for consumer protection with regard to...
Jun 3, 2009
Markup
The Subcommittee on Commerce, Trade, and Consumer Protection met in open markup session on Wednesday, June 3, 2009, in 2322 Rayburn House Office Building.
Jun 3, 2009
Bill
H.R. 2309 provides the Federal Trade Commission (FTC) with streamlined authority to issue rules regarding unfair or deceptive acts or practices with regard to consumer credit and debt. It gives the FTC the authority to seek civil penalties for such practices and enables state attorneys general to enforce the FTC’s rules in this area. In addition, the bill directs the FTC to...
May 12, 2009
Hearing
The Subcommittee on Commerce, Trade, and Consumer Protection held a legislative hearing on H.R. 2309, the Consumer Credit and Debt Protection Act and H.R. 2190, the Mercury Pollution Reduction Act on Tuesday, May 12, 2009, in 2322 Rayburn House Office Building.