October 26, 2021
,
D.C.
- In his opening statement at today’s U.S. Senate Banking Committee nomination
hearing, Ranking Member Pat Toomey (R-Pa.) highlighted many of the flawed
housing provisions in the Democrats’ $3.5 trillion spending bill, including:
race-based down payment assistance, repeal of the bipartisan Faircloth
amendment limiting public housing expansion, and a $40 billion earmark for
Majority Leader Charles Schumer—a “Schu-mark”—for
the scandal-plagued
New York City Housing Authority (NYCHA… Continue Reading
October 26, 2021
U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, delivered the following opening statement at today’s nomination hearing for Reta Jo Lewis to be President and Chair of the Export-Import Bank; and Elizabeth de Leon Bhargava to be an Assistant Secretary of Housing and Urban Development.Sen. Brown’s remarks, as prepared for delivery, follow:The Committee meets today to consider the nominations of: Reta Jo Lewis to be President and Chair o… Continue Reading
October 22, 2021
,
D.C.
- U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) released the
following statement after the Federal Reserve announced new rules on Fed
officials’ investments and disclosures.“Chair
Powell is to be commended for effectively addressing this issue. The trading
activity of the former Boston and Dallas Fed bank presidents were unfortunate
because they created the appearance of a conflict of interest. This episode
does raise questions about the operations of the Committ… Continue Reading
October 21, 2021
October 19, 2021
October 07, 2021
