• 7/31/2009
  House Passes Executive Compensation Reform
  Washington, DC – Today, the House of Representatives approved legislation to rein in compensation practices that encourage excessive risk-taking at the expense of companies, shareholders, employees, and ultimately the American taxpayer.  H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, was approved by a vote of 237-185. It represents the first piece of a larger regulatory reform package being crafted by the Financial Services Committee to address the causes of the recent financial crisis. A summary of H.R. 3269 can be viewed here. Read full story.

• 7/31/2009
  Today: Executive Compensation Reform on House Floor
  Washington, DC – Today, the House of Representatives will consider H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act of 2009.  The bill would rein in executive compensation practices that led to excessive, reckless risk-taking and contributed to the recent financial collapse. An updated version of the bill can be viewed here. A summary of the bill can be viewed here. Read full story.

• 7/30/2009
  Peterson, Frank Announce Derivatives Legislation Outline
  Washington, DC – House Financial Services Committee Chairman Barney Frank and House Agriculture Committee Chairman Collin C. Peterson today released a concept paper that will guide the two committees as they develop legislation to regulate derivatives. The text of the concept paper can be viewed by clicking here. Read full story.

• 7/29/2009
  House Passes National Flood Insurance Program Extension
  Washington, DC – The U.S. House of Representatives today approved legislation that would extend the National Flood Insurance Program (NFIP) through March 31, 2010.  Created in 1968, the NFIP provides over one trillion dollars of flood insurance to more than five and a half million American homes and businesses. Financial Services Housing Subcommittee Chairwoman Maxine Waters (D-CA) and Chairman Barney Frank (D-MA) introduced H.R. 3139 earlier this month in light of the fact that the current program is set to expire at the end of September 2009.  The bill now moves to the Senate for consideration. Read full story.

Financial Regulatory Reform

TARP Oversight and Accountability Reports

How Investors Access TALF

Auto Industry Financing and Restructuring Act

Guide to Resources on Mortgage Foreclosure Prevention and the Emergency Economic Stabilization

Emergency Economic Stabilization
Act

Housing and Economic Recovery Act of 2008

Predatory and Subprime Mortgage Lending Issues

National Affordable Housing Trust Fund

Executive Compensation

At Issue: Retailers Purchasing Industrial Loan Companies (ILCs)

Response to the Gulf Coast Hurricanes