“House Financial Services Committee” on The Daily Caller

The House Financial Services Committee plans to release a new Web resource aimed at tracking the regulatory burden of the Dodd-Frank financial overhaul Congress passed in 2010. The “Dodd-Frank Burden Tracker” is set to measure how much of a negative effect the legislation will have. (more)

There is no law against members of Congress making personal investments with inside information gleaned from their powerful positions, but conservative publisher Andrew Breitbart says Alabama Rep. Spencer Bachus, the Republican chairman of House Financial Services, should step down from his seat after it was revealed that he made money betting against the market before the financial meltdown in 2008. (more)

A new video released Wednesday by the House Committee on Financial Services takes aim at President Obama’s policies and his much-anticipated jobs speech scheduled for Thursday evening. The video cites over-regulation, taxation and regulatory uncertainty as the primary causes of America’s dismal unemployment numbers, and suggests that the Dodd–Frank Wall Street Reform and Consumer Protection Act entrenches morally hazardous “too big to fail” policies. Check it out: (more)

House ethics investigators have begun a probe into why the powerful House Financial Services Committee did not fully comply with its promise to turn over all documents pertinent to an investigation of subcommittee chairwoman Maxine Waters (D-Calif.), according to congressional staff and other sources close to the inquiry. (more)

Retiring New Hampshire Senator Judd Gregg, one of the Federal Reserve’s most stalwart Republican supporters, showed up for a meeting at the central bank in November bearing a surprising gift: a box of End the Fed books. As he handed out the 2009 best seller by Representative Ron Paul, a longtime Fed critic, Gregg told the gathering it would be worth reading to see what the other side is plotting. (more)

A newly discovered exchange of e-mails led the House ethics committee on Friday to delay its trial of Representative Maxine Waters, a California Democrat accused of helping steer bailout money to a bank in which her husband owned shares. (more)

Bertha Lewis, the potty-mouthed chief organizer of the Association of Community Organizations for Reform Now (ACORN) announced today that her group has filed a Chapter 7 bankruptcy petition. (more)

After a series of difficult moments on the campaign trail, Rep. Barney Frank is scrambling for campaign cash, contributing $200,000 of his own money as he seeks to ward off his first serious Republican challenger in decades. (more)

Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most have no common sense, and most never acknowledge that they are wrong. (more)

Dressed in a crewneck sweatshirt, jeans, and sneakers, the third-year Harvard Law School student stood up calmly and approached the microphone at the Kennedy School of Government. (more)

It was “dumb” for President Obama and his aides to promise that unemployment would not surpass 8 percent if the stimulus act passed, a top House Democrat said Tuesday. (more)

Washington (CNN) — A House ethics investigative panel has charged a high-ranking Democratic congresswoman with violating House rules by seeking federal assistance for a bank with financial ties to her husband. (more)

WASHINGTON — A second House Democrat, Rep. Maxine Waters of California, could face an ethics trial this fall, further complicating the election outlook for the party as it battles to retain its majority. (more)

There is no chance of Congress implementing a value-added tax (VAT), a top House Democrat said Thursday. (more)

WASHINGTON — With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. (more)

WASHINGTON — With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. (more)

Federal Reserve Chairman Ben Bernanke dropped a major bombshell on Democrats seeking massive new revenues to narrow the deficit, announcing Thursday that he favors preserving the Bush administration tax cuts to help a faltering U.S. economy. (more)

Federal Reserve Chairman Ben S. Bernanke said unemployment is “the most important” problem facing the U.S. (more)

Senate conferees named: The Senate on Tuesday named 12 conferees to reconcile legislative differences between the upper and lower chambers’ financial reform bills. House Financial Services Committee Chairman Barney Frank, Massachusetts Democrat, will serve as chairman of the conference negotiations, which Democrats aim to complete before the July 4 recess. House members are expected to be named next week. The seven Senate Democrats are Banking Committee Chairman Chris Dodd of Connecticut; Agriculture Committee Chairwoman Blanche Lincoln of Arkansas and Sens. Tim Johnson of South Dakota, Jack Reed of Rhode Island, Charles Schumer of New York, Patrick Leahy of Vermont and Tom Harkin of Iowa. The Republicans are Sens. Richard Shelby of Alabama, Bob Corker of Tennessee, Mike Crapo of Idaho, Judd Gregg of New Hampshire and Saxby Chambliss of Georgia. (more)

Financial reform marches on: House Financial Services Committee Chairman Rep. Barney Frank, Massachusetts Democrat, will lead the conference to resolve the differences between the Senate and House financial reform bills, which Democrats want to finish and send to President Obama before the July 4 recess. The conference is expected to include a dozen senators, including seven Democrats and five Republicans. Senator Chris Dodd, Connecticut Democrat, who drafted and owned the Senate bill, will be on the conference, as well as Senator Lincoln, Arkansas Democrat. Republican Sens. Richard Shelby of Alabama and Saxby Chambliss of Georgia, who opposed the Senate bill, will reportedly be on the panel, and the Senate is expected to name its full conference committee members on Monday evening. House Speaker Pelosi, California Democrat, will name the members of the panel from the House, but may wait until the second week in June to do so, aides said. Frank has said the conference may take about a month, and has indicated that he would like the proceedings televised on C-SPAN. (more)