Search Results for: Subprime

The House has just passed the most comprehensive response yet to the American mortgage crisis by a vote of 272-152. The American Housing Rescue & Foreclosure Prevention Act, H.R. 3221, will help families facing foreclosure keep their homes, help other … Continue reading

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The Energy Subcommittee on Oversight and Investigations is currently holding a hearing, “Energy Speculation: Is Greater Regulation Necessary to Stop Price Manipulation? — Part II.” See the witness list (pdf) >> Watch the hearing live via committee webcast. Subcommittee Chairman … Continue reading

Posted in Consumer Protections, Energy Independence, The Environment | Leave a comment

The Joint Economic Committee, where Sen. Chuck Schumer is the Chairman and Rep. Carolyn Maloney (NY-14) is the Vice Chairman, is currently holding a hearing, “How Are High Food Prices Impacting American Families?” Rep. Elijah Cummings (MD-07) gives opening remarks: … Continue reading

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Today is Equal Pay Day, the day which marks how far into the year a woman must work, on average, to earn as much as a man earned the previous year. President John Kennedy signed the Equal Pay Act in … Continue reading

Posted in Labor and American Jobs, Speaker Pelosi | Leave a comment

Washington, D.C. — Speaker Nancy Pelosi issued the following statement today on the troubling jobs report from the Labor Department, which showed that the U.S. economy lost 63,000 jobs in February, the largest monthly job decline in nearly five years: … Continue reading

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The Oversight Committee is currently holding a hearing, “Executive Compensation II: CEO Pay and the Mortgage Crisis.” The hearing is to examine the compensation and retirement packages granted to the CEOs of three corporations deeply involved in the current mortgage … Continue reading

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From the Democratic Caucus: Misplaced Priorities: The Bush Budget Top Ten List The Bush budget makes health care for our troops more expensive, runs one of the largest deficits in history and cuts support for critical programs that aid families … Continue reading

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The House has just passed H.R. 5140, the Recovery Rebates and Economic Stimulus for the American People Act by a vote of 385-35-1, a bipartisan economic stimulus legislation to help hardworking Americans who are struggling with the high costs of … Continue reading

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Tonight, President Bush addressed this Congress in his State of the Union for the last time in his presidency. Unfortunately, what we heard was more of the same. While Americans wait with bated breath for relief from an impending recession; … Continue reading

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Congressman Barney Frank (MA-4), Chair of the House Financial Services Committee, delivered the Democratic Radio Address this morning. In his address, Congressman Frank discusses Democrats' efforts to work in a bipartisan manner to create an economic stimulus package that will … Continue reading

Posted in Financial Reform, In the News, Labor and American Jobs | Leave a comment