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Bonner Advocates Putting the Reins on Costly Regulations

By Brandon Moseley Alabama Political Reporter Congressman Jo Bonner (R) from Mobile issued a written statement to discuss the growing weight of costly federal regulations under which American businesses are forced to operate. Representative Bonner said, “Businesses don’t operate in a vacuum.  If Uncle Sam makes it harder for them to stay profitable, the impact … Continued
February 11, 2013

Roby Says Obamacare will Cost Americans Time and Money

By Brandon Moseley Alabama Political Reporter On Thursday, Congresswoman Martha Roby (R) from Montgomery touted a new report from the White House Office of Management and Budget that shows that the President’s Patient Protection and Affordable Care Act (Obamacare) will cost businesses, families, and health care providers millions of hours to comply with all of … Continued
February 8, 2013

Federal Reserve Board Delays New Banking Rules for Five Months

By Brandon Moseley Alabama Political Reporter On Friday, the Federal Reserve Board announced that they were delaying the implementation of the second phase of its program to simplify the administration of reserve requirements for banking institutions. In a written statement the Fed said that the delay will give it time for further development and testing … Continued
October 29, 2012

Sessions Supported the Enabling Energy Savings Act

By Brandon Moseley Alabama Political Reporter U.S. Sen. Jeff Sessions (R) from Alabama issued a written statement after the U.S. Senate passed H.R. 4850, the Enabling Energy Savings Act in a Saturday morning session. Senator Sessions said, “We recently became aware of a federal requirement that was placing jobs at risk in Alabama. This requirement … Continued
September 26, 2012

Bachus Passes Municipal Advisers Bill in House Financial Services Committee

By Brandon Moseley Alabama Political Reporter While Larry Langford was head of the Jefferson County Commissioner the County’s financial advisers told the commission that the county could save money on interest expenses by switching from boring fixed rate bonds to auction rate bonds where investors bid regularly on the interest rate. Advisers often regularly advised … Continued
September 14, 2012

Shelby Says Dodd-Frank Big Reason for Bad Economy

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby (R) from Alabama issued a written statement after remarks he made on Thursday at a hearing on the Financial Stability Oversight Council’s Annual Report to Congress.  Sen. Shelby is the ranking Republican on the Committee on Banking, Housing and Urban Affairs. Sen. Shelby said, ““In … Continued
July 30, 2012

Roby and Aderholt Vote for Bill that Attacks Burdensome Federal Regulations

By Brandon Moseley Alabama Political Reporter Both Congresswoman Martha Roby (R) from Montgomery and Congressman Robert Aderholt (R) from Haleyville issued written statements announcing that they had voted for legislation which reduce the regulatory burdens that are hampering small business growth and costing America jobs. Rep. Roby said, “People are tired of costly regulation and … Continued
July 27, 2012