Congressman Scott Garrett

Representing the 5th District of New Jersey

Economy and Jobs

construction workers smiling

 

More on Economy and Jobs

Sep 26, 2016

Imagine if the Treasury Secretary had to live by new rules for banks.

Sep 21, 2016

WASHINGTON, D.C. – Capital Markets and Government-Sponsored Enterprises Subcommittee Chairman Scott Garrett (NJ-05) delivered the following remarks at a hearing entitled, “Corporate Governance:  Fostering a System that Promotes Capital Formation and Maximizes Shareholder Value”:

Sep 8, 2016

WASHINGTON, D.C. – Today the House passed a legislative package to help American innovators access capital that included Rep. Scott Garrett’s (NJ-05) Private Placement Improvement Act. The Accelerating Access to Capital Act, H.R. 2357, is a package of three bills that will help level the playing field and make it possible for small businesses to raise capital by lessening the burdens of complex and costly securities regulations imposed by Washington. Garrett is Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises.

Jul 13, 2016

WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statements after the Securities and Exchange Commission (SEC) today announced changes to their in-house administrative law panels and proposed rules for public company disclosure requirements. Garrett’s subcommittee oversees the SEC, and he is the author of legislation dealing with both of these issues.

In-House Administrative Law Panels:

Jul 12, 2016

WASHINGTON, D.C. – Capital Markets and Government-Sponsored Enterprises Subcommittee Chairman Scott Garrett (NJ-05), delivered the following remarks at a hearing entitled “Making a Financial Choice: More Capital or More Government Control?”:

Congressman Scott Garrett’s opening remarks as prepared for delivery:

Thank you Mr. Chairman, and thank you to all the witnesses for being here today

Jul 7, 2016

WASHINGTON, D.C. – Today the House passed Rep. Scott Garrett’s (NJ-05) amendment to the Financial Services and General Government Appropriations bill.  The amendment would prevent the Secretary of the Treasury and the Chairman of the Securities and Exchange Commission, both voting members of Financial Stability Oversight Council (FSOC), from designating any additional nonbank companies as Systemically Important Financial Institutions (SIFIs).

Jun 16, 2016

WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, released the following statement after the Federal Housing Finance Agency (FHFA) issued an alert that Fannie Mae increased the projected budget for their new Washington, D.C. headquarters by over 50 percent.

Jun 15, 2016

WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05) released the following statement in response to reports that Boeing has reached a multibillion-dollar deal to sell commercial passenger planes to Iran.  Boeing is one of the largest beneficiaries of the Export-Import (Ex-Im) bank which perpetuates corporate welfare to mega corporations by handing out taxpayer-backed loans.

May 17, 2016

WASHINGTON, D.C. – Capital Markets and Government-Sponsored Enterprises Subcommittee Chairman Scott Garrett (NJ-05) delivered the following remarks at a hearing entitled, “Legislative Proposals to Enhance Capital Formation, Transparency, and Regulatory Accountability”: