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Rep. Spencer Bachus

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Bachus Comments on Release of MF Global Report

By Brandon Moseley Alabama Political Reporter US Representative Spencer Bachus (R) from Vestavia announced that the US House Financial Services Subcommittee on Oversight and Investigations, chaired by Rep. Randy Neugebauer has released the full report on its year-long majority staff investigation into the collapse of MF Global on Thursday. Rep. Bachus is the Chairman of … Continued
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November 16, 2012

Bachus Says Southern Research Institute’s New Engineering Research Center Will Drive Innovation

By Brandon Moseley Alabama Political Reporter Congressman Spencer Bachus spoke at the dedication ceremony for the dedication of Southern Research Institute’s (SRI) new engineering research center.  Rep. Bachus said that the $5.6 million expansion project will help to drive the innovation that leads to new jobs and economic growth. Rep. Bachus said in a written … Continued
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October 24, 2012

Bachus Promotes Project to Increase Student Safety on Campus

By Brandon Moseley Alabama Political Reporter Congressman Spencer Bachus (R) from Vestavia spoke at a news conference at Samford University to announce a collaborative project to promote student safety at five colleges and universities in the Birmingham area.  Samford University in Homewood has received a $499,551 grant from the U.S. Department of Justice for an … Continued
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October 22, 2012

Norfolk Southern Opens Intermodal Facility in McCallla

By Brandon Moseley Alabama Political Reporter Alabama Governor Robert Bentley, U.S. Representative Terri Sewell, U.S. Representative Spencer Bachus, and Alabama Commerce Secretary Greg Canfield were all on hand to celebrate the opening of the new Norfolk Southern Rail First Intermodal Service facility. Governor Bentley said, “This facility will create new jobs, not just within the … Continued
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October 18, 2012

Bachus Releases Report on Dodd-Frank Act

By Brandon Moseley Alabama Political Reporter Congressman Spencer Bachus (R) from Vestavia released a report titled “The Dodd-Frank Act, the Persistence of ‘Too Big to Fail,’ and the Institutionalization of Government Bailouts” on Wednesday. Representative Bachus is the Chairman of the House Financial Services Committee. The report is a seven-page analysis prepared by House Financial … Continued
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October 18, 2012

Obama Energy Policies Force US Coal Plants to Retire

By Brandon Moseley Alabama Political Reporter The Obama administration’s new regulations limiting green house emissions combined with low natural gas prices could force many American coal powered power plants to close.  According to a new report in ‘The Economist’ Obama’s environmental regulations could cost $144 billion to replace or retrofit existing power plants. The Brattle … Continued
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October 16, 2012

Bachus Supports Bill to Help Disabled Veterans

By Brandon Moseley Alabama Political Reporter On Thursday Congressman Spencer Bachus (R) announced in a written statement that the U.S. House of Representatives passed legislation designed to help meet the housing needs of disabled veterans. Representative Bachus said, “The housing challenges faced by disabled veterans are great. That is why we must make sure that … Continued
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September 25, 2012

Bachus Supports Alabama Coal Industry

By Brandon Moseley Alabama Political Reporter Congressman Spencer Bachus (R) from Vestavia issued a written statement on Friday to announce that he had voted in favor the Stop the War on Coal Act in the U.S. Congress. The measure passed the U.S. House of Representatives by a margin of 233 to 175. Congressman Bachus said, … Continued
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September 24, 2012

Bachus Says Obama Administration Action on Freddie and Fannie means Taxpayers will Likely Never be Paid Back for Bailout

By Brandon Moseley Alabama Political Reporter Congressman Spencer Bachus (R) from Vestavia issued a written statement following the Treasury Department’s decision to reduce the dividend rate paid to the Treasury on Senior Preferred Stock of Fannie Mae and Freddie Mac. Congressman Bachus is the Chairman of the House Financial Services Committee which oversees the banking … Continued
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August 23, 2012