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Highlights

A collection of news and information related to Spencer Bachus published by this site and its partners.

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    Apr 27, 2013 |Story| Chicago Tribune

  1. Never mind

    Last year, Congress showed a rare bit of shame after "60 Minutes" reported on stock trading by key members of the House and Senate that smelled of opportunism.
    Last year, Congress showed a rare bit of shame after "60 Minutes" reported on stock trading by key members of the House and Senate that smelled of opportunism. The TV show spotlighted the trading activity of Republican House Speaker John Boehner of...

    Tags: Career and Workplace, Crime, Law and Justice, Politics, Nancy Pelosi, Elections

    2. Apr 14, 2013 |Story| Reuters

  2. Victim of 1963 Alabama church bombing wants restitution, not medal

    BIRMINGHAM, Alabama (Reuters) - A woman who survived a 1963 Alabama church bombing that killed her sister and three other black girls in one of most heinous crimes of the civil rights era said she will not accept a medal that Congress may award posthumously to the victims.
    Reuters
    BIRMINGHAM, Alabama (Reuters) - A woman who survived a 1963 Alabama church bombing that killed her sister and three other black girls in one of most heinous crimes of the civil rights era said she will not accept a medal that Congress may award...

    Tags: Explosions, Emergency Incidents, Crime, Law and Justice, Religion and Belief, Human Interest

    3. Feb 26, 2013 |Story| Los Angeles Times

  3. Panel hears pros and cons of American-US Airways merger

    Critics and supporters of a merger of American Airlines and US Airways to form the nation's largest carrier testified for the first time Tuesday in a hearing before a congressional panel.
    Critics and supporters of a merger of American Airlines and US Airways to form the nation's largest carrier testified for the first time Tuesday in a hearing before a congressional panel. The merger, announced Feb. 14, would cost $1.2 billion in one-...

    Tags: Career and Workplace, Crime, Law and Justice, Brookings Institution, U.S. Airways, Anti Trust Crime

    4. Jan 1, 2013 |Story| Los Angeles Times

  4. House Republicans sharply divided on 'fiscal cliff' deal

    WASHINGTON -- A sharply divided House Republican leadership struggled to reach agreement on a measure to avoid part of the so-called “fiscal cliff,” as key members said they could not support the compromise approved early Tuesday by the Senate.
    WASHINGTON -- A sharply divided House Republican leadership struggled to reach agreement on a measure to avoid part of the so-called “fiscal cliff,” as key members said they could not support the compromise approved early Tuesday by the...

    Tags: Democratic Party, Parties and Movements, Personal Income, Heritage Foundation, Republican Party

    5. Jul 6, 2012 |Story| AM News

  5. Capitalism is an irrational political system

    Contributing columnist
    Yes, it’s irrational. And it’s what the GOP says it wants for our country, to save us from becoming “like Europe.” It’s also what the post-New Deal Democratic Party stands for, only a little less. Let’s start with...

    Tags: Jamie Dimon, U.S. Senate, Financial and Business Services, Democratic Party, Parties and Movements

    6. Nov 28, 2011 |Story| Baltimore Sun

  6. Sun conveniently omits Pelosi's misdeeds

    Apparently all the " talking back" I've done in past years has been of little consequence. Could The Sun be any more obvious in their partisan reporting of insider trading perpetrated by members of Congress ("Keeping Congress clean," Nov. 28)? The Sun...

    Tags: Nancy Pelosi, Democratic Party, Insider Trading, Politics

    7. Nov 28, 2011 |Story| Baltimore Sun

  7. Keeping Congress clean

    In September 2008, the U.S. financial system was teetering on collapse and the stock market was shaky. But Alabama Republican Rep. Spencer Bachus saw opportunity in the crisis. According to an investigation by the CBS news program "60 Minutes," Mr. Bachus attended a closed-door meeting that month with then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke at which lawmakers were briefed on the probable course of events. A day later, Mr. Bachus bought two types of highly leveraged options, essentially betting that share prices would fall — which they did. A week later, the congressman pocketed a tidy $5,000 profit when he sold his options.
    In September 2008, the U.S. financial system was teetering on collapse and the stock market was shaky. But Alabama Republican Rep. Spencer Bachus saw opportunity in the crisis. According to an investigation by the CBS news program "60 Minutes," Mr. Bachus...

    Tags: Federal Reserve, Democratic Party, CBS Corp., Crime, Law and Justice, Donna F. Edwards

    8. May 27, 2011 | Los Angeles Times

  8. Wall Street Roundup: Diving into the hedges. Einhorn's risky bet.

    Money & Company
    Gold: Trading now at $1,535 per ounce, up 0.7% from Thursday. Dow Jones industrial average: Trading now at 12,432.39, up 0.2% from Thursday. Diving into the hedges. Pension funds are throwing money back into hedge funds, in part because the......
    9. Mar 16, 2011 |Story| WSBT-TV

  9. Republicans say new consumer bureau too powerful

    WASHINGTON (AP) — House Republicans said Wednesday that a new government agency designed to protect consumers from problems with mortgages, credit cards and other lenders has too much power. They also criticized it for participating in a federal-...

    Tags: Sean Duffy, Democratic Party, Financial and Business Services, Mortgages, Credit and Debt

    10. Mar 1, 2011 |Story| WSBT-TV

  10. Key House Republican praises Obama housing plan

    WASHINGTON (AP) — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of...

    Tags: Florida, Democratic Party, Financial and Business Services, Scott Garrett, Mortgages

    11. Nov 10, 2010 | Los Angeles Times

  11. Palin drawn into House Financial Services Committee chairmanship fight

    Money & Company
    The race for the powerful chairmanship of the House Financial Services Committee, humming along largely behind the scenes, has received an Alaska-sized boost in visibility after one of the Republican contenders dissed "tea party" heroine Sarah Palin. Rep....
    12. Mar 16, 2011 | Los Angeles Times

  12. Elizabeth Warren defends new consumer financial agency against strong criticism from Republicans

    Money & Company
    Elizabeth Warren, the Obama administration adviser setting up the controversial Consumer Financial Protection Bureau, strongly defended the new agency Wednesday against sharp Republican criticism that it is an unaccountable and dangerous new bureaucracy....
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