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Sewell Supportive of the Preserving Access to Manufactured Housing Act

By Brandon Moseley Alabama Political Reporter Wednesday, April 14, the Preserving Access to Manufactured Housing Act (H.R. 650) passed the US House of Representatives.  The bill was co-sponsored by US Representative Terri Sewell (D-Selma) to preserve critical access to financing for manufactured homes for low-income and rural families. Congresswoman Sewell said in a statement, “Manufactured … Continued
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April 20, 2015

Bachus Bill to Reform Consumer Financial Protection Bureau Passes in Committee

By Brandon Moseley Alabama Political Reporter On Thursday the House Financial Services Committee passed a bill sponsored by Congressman Spencer Bachus (R) from Vestavia to make the Consumer Financial Protection Bureau (CFPB) more accountable to the people that it regulates. The CFPB is of one of the federal government’s largest and most powerful regulatory agencies. … Continued
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November 26, 2013

Bachus Introduces Regulatory Flexibility Improvements Act

By Brandon Moseley Alabama Political Reporter On Friday, Representative Spencer Bachus (R) from Vestavia introduced legislation (The Regulatory Flexibility Improvements Act of 2013) that would require federal agencies to be more accountable for the effects of proposed regulations on small businesses. The bill, which has bipartisan support, would tailor final rules to minimize their impact. … Continued
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July 2, 2013

Shelby Introduces Legislation Clarifying Dodd-Frank

By Brandon Moseley Alabama Political Reporter On Wednesday, U.S. Senator Richard Shelby (R) from Alabama introduced two legislative proposals aimed at clarifying and streamlining the implementation of the 2010 Dodd-Frank financial regulation law. According to Shelby’s office the first bill corrects numerous drafting errors in the Dodd-Frank financial regulation law. The legislation focuses on technical … Continued
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March 8, 2013

Shelby Comments on Making CFPB Accountable

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby (R) from Alabama issued a written statement following a hearing of the Committee on Banking, Housing and Urban Affairs. Richard Cordray the first Director of the Consumer Financial Protection Bureau (CFPB) made his semi-annual report to Congress on that day. Senator Shelby said, “Mr. Cordray … Continued
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September 25, 2012

Shelby Critical of Federal Financial Regulators

By Brandon Moseley Alabama Political Reporter Senator Richard Shelby (R) issued a written statement critical of the U.S. Commodities Futures Trading Commission (CFTC) and its Chairman Gary Gensler.  Sen. Shelby’s remarks were made at a hearing of the Committee on Banking, Housing and Urban Affairs discussing derivatives reform.  The senior Senator from Alabama is the … Continued
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May 29, 2012