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

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    Apr 14, 2013 |Story| Reuters

  1. 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: Criminals, Explosions, Terri Sewell, Crime, Law and Justice, Awards and Prizes

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

  2. 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, American Airlines, Inc., Air Transportation Industry, Labor Legislation, U.S. Department of Justice

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

  3. 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: Eric Cantor, Heritage Foundation, Elections, Personal Income, Congressional Budget Office

    4. Jul 6, 2012 |Story| AM News

  4. 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. Securities and Exchange Commission, Government, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Christopher Dodd

    5. Nov 28, 2011 |Story| Baltimore Sun

  5. 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: Insider Trading, Politics, Nancy Pelosi, Democratic Party

    6. Nov 28, 2011 |Story| Baltimore Sun

  6. 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: Christopher Van Hollen Jr., Federal Reserve, Henry Paulson, Justice System, Crime, Law and Justice

    7. Mar 16, 2011 |Story| WSBT-TV

  7. 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: Real Estate, Washington, DC, Government, Business Institutions, Mortgages

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

  8. 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: David Scott, Fannie Mae, Washington, DC, Freddie Mac, Federal Housing Administration

    9. Nov 10, 2010 | Los Angeles Times

  9. 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....
    10. Mar 16, 2011 | Los Angeles Times

  10. 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....
    11. May 13, 2011 | Los Angeles Times

  11. House committee votes to limit power of new Consumer Financial Protection Bureau

    Money & Company
    The House Financial Services Committee voted to limit the power of the new Consumer Financial Protection Bureau as Republicans continued to fight against the centerpiece of last year's Wall Street reform law. Voting largely along party lines, the...
    12. May 27, 2011 | Los Angeles Times

  12. 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......
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