House Subcommittee to Hold ‘Dodd-Frank Act and Regulatory Overreach’ Hearing May 7, 2015 1,155 Views Previous: Former FDIC Chair Chosen as President of Private Maryland College Next: Survey: Consumers Generally Positive But Still Cautious Toward Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago CFPB Dodd-Frank House Financial Services Committee Oversight and Investigations Subcommittee Regulatory Overreach 2015-05-07 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Print This Post Share Save Subscribe Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: CFPB Dodd-Frank House Financial Services Committee Oversight and Investigations Subcommittee Regulatory Overreach Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Home / Daily Dose / House Subcommittee to Hold ‘Dodd-Frank Act and Regulatory Overreach’ Hearing Demand Propels Home Prices Upward 2 days ago A House Financial Services Subcommittee hearing titled “The Dodd-Frank Act and Regulatory Overreach” is scheduled for Wednesday, May 13.The Oversight and Investigations Subcommittee will convene on that day to discuss the controversial piece of legislation, which was enacted in 2010 in response to the financial crisis.The Chairman of the Oversight and Investigations Subcommittee, Representative Sean Duffy (R-Wisconsin), has been an outspoken critic of Dodd-Frank. In 2011, one year after its passage, Duffy told the Washington Times that the full name of the act – the Dodd-Frank Wall Street Reform and Consumer Protection Act – is “misleading” because it “stimulated nothing but more government debt” and “fails to actually reform Wall Street or protect consumers,” citing the cost in both labor hours and money as evidence that he believed the pendulum had swung too far the other way.Representative Al Green (D-Texas), Ranking Member of the Oversight and Investigations Subcommittee, defended Dodd-Frank in 2013 by saying that “With reference to Dodd-Frank, Dodd-Frank provides a better way. Prior to Dodd-Frank, we had in essence two means by which we could deal with a systemic crisis – a crisis that involved exigent circumstances. These two ways were one, bankruptcy. Bankruptcy works, but it did not work for Lehman (the investment firm that filed for bankruptcy in 2008, the largest filing in the nation’s history); and two, bailouts. Bailouts are not the preferred choice because the public thinks somehow, and I agree, tax dollars ought not be utilized to bail out these large institutions.”Duffy has also made repeated attempts to reform the Consumer Financial Protection Bureau (CFPB), which was created in 2011 out of the passage of Dodd Frank. Last month, a Duffy-sponsored bill passed by a 401 to 2 vote in the House. H.R. 1265, known as the Bureau Advisory Commission Transparency Act, calls for each advisory committee and subcommittee of the CFPB to be subject to the provisions of the Federal Advisory Committee Act, making the proceedings of those committees open to the public.Other Duffy-sponsored legislation attempting to reform the CFPB is currently pending. Duffy introduced several other bills in early March as part of a comprehensive reform proposal. in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea
Tano RamirezSebastian “Tano” Ramirez, of Burbank, Calif., died Wednesday, May 4, 2016 at his home in Burbank at the age of 78.Sebastian was born the son of Tobias and Tiburcia (Venegas) Ramirez on Thursday, January 20, 1938 in Somerville, Texas.On February 21, 1976, Sebastian and Marie Miller were united in marriage in Las Vegas, Nev. Together they celebrated 50 years of marriage.Â Tano was employed in the aerospace industry for over 42 years.Â Survivors include his wife, Marie Ramirez of Burbank, California; daughter, Carol Geary (Phil) of Burbank, California; grandson, Michael Catlett, brothers: Joe Ramirez (Elisa) of Goddard,, Tony Ramirez (Jenny) of Winfield,Â Raymond Ramirez of Wellington, John Ramirez (Allura) of Shreveport, Louisiana, Paul Ramirez (Debbie) of Wichitax, Manuel Ramirez (Ramona) of Wellington, Tom Ramirez (Renee) of Castaic, California and Larry Ramirez (Sheri) of Wichita; sister, Delores Rodriguez (Lucas) of Wichita along with many nieces, nephews and a large extended family. He was preceded in death by his parents; brother, Victor Ramirez and sisters: Sandra Ramirez and Theresa Perez.Visitation will be held at the funeral home from 1 p.m. to 5 p.m, Wednesday, May 11, 2016.Recitation of the Holy Rosary will begin at 7 p.m., Wednesday, May 11, 2016 at St. Anthony/St. Rose Catholic Church, Wellington.Funeral Mass for Tano will be held at 10:00 a.m., Thursday, May 12, 2016 at St. Anthony/St. Rose Catholic Church, Wellington.Â Interment will follow at Sumner Memorial Gardens, Wellington.Â To share a memory or leave condolences, please visit www.cornejodayfuneralhome.com.Arrangements are by Cornejo|Day Funeral Home & Crematory, Wellington.