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Neighbor Beefs: LA Going to Start Fining People For Fun Parties and Cute Dogs

Los Angeles is getting super-serious about what surely must be a terrible citywide epidemic of loud parties and noisy dogs. The City Council's Public Safety and Personnel and Welfare and Animal Services Committees have recommended approval of a new...

Fun Fact: Ferguson’s Congressman Voted Against Bill to Demilitarize Police

yesterdayNews : Mediaite

Considering the prominent calls to revisit this issue, and Sen. Carl Levin (D-MI) vowing to review the program as the chair of the Senate Armed Service Committee, we're betting this is going to change soon.

Barney Frank on the White House Rollout of Obamacare: "They just lied to people."

2 weeks agoNews : Reason

Here's former House Financial Services Committee Chairman Barney Frank (D-Mass.) on the administration's terrible rollout of Obamacare last year, via Huffington Post:  "The rollout was so bad, and I was appalled -- I don't understand...Show More Summary

Democrat Barney Frank Says President Obama ‘Lied to People’ about Obamacare

During an interview with Huffington Post, the former House Financial Services Committee chairman Barney Frank (D-MA) expressed his disappointment with the Obamacare rollout and even went so far as to accuse the president of lying. “The...Show More Summary

Obama Administration Trying to Get Authorization for Iraq War Repealed

At first retiring Armed Services Committee chairman Buck McKeon thought the letter sent by Obama’s “National Security Adviser” to John Boehner was a joke [PDF]. In the letter, Susan Rice requests that Congress repeal the 2002 law authorizing the use of force in Iraq. In a sense McKeon was right. Show More Summary

Face Of The Day

Former House Financial Services Committee chairman Barney Frank (D-MA) testifies before the House Financial Services Committee on July 23, 2014. Frank testified during the committee’s hearing on “Assessing the Impact of the Dodd-Frank Act Four Years Later.’ By Win McNamee/Getty Images. Dish coverage of the anniversary here. Watch Barney address critics of the law in […]

The Stock Market Has Reached "A Permanently High Plateau" -- If The Fed Does Not Mess Up Again

Last week I wrote a post criticizing Fed chair Janet Yellen for apparently becoming a “stock picker“ . Later in the week when she spoke before the US House Financial Services Committee in Washington she seemed to tone down a bit herShow More Summary

Repub. Report: Dodd-Frank Worsens TBTF

``House Financial Services Committee Republicans are mounting fresh criticism of the 2010 Dodd-Frank financial law in a report to be released Monday, contending that it failed to end the prospect of future government bailouts for large, complex financial firms and exacerbated the belief some of the firms are "too big to fail."''

Senators debate RD-180 replacement, EELV competition

A hearing several days ago held jointly by subcommittees of the Senate Commerce Committee and Senate Armed Services Committee on space access issues covered two of the key issues facing that topic in recent months: developing a domestic replacement for the RD-180 and competition for Evolved Expendable Launch Vehicle (EELV) missions. However, members showed little [...]

Tea Party in a Pickle Over Ex-Im Bank

Republican chairman of the House Financial Services Committee Jeb Hensarling’s ongoing attempts to defund the Export-Import bank are in a bit of a pickle this week. Back in May at a Heritage Foundation event, the Texas Representative cited Kernersville, North Carolina pickle company Jenny’s Pickles and its co-founder Jenny Fulton among examples of businesses that [...]

Yellen Balks at Proposal to Tie Rates to Formula

"It would be a grave mistake for the Fed to commit to conduct monetary policy according to a mathematical rule," Ms. Yellen told the House Financial Services Committee on Wednesday, amplifying her message in testimony to the Senate Banking Committee a day earlier. Show More Summary

Fed: Skilled Workers in Short Supply as Economy Expands

Pablo Martinez Monsivais/APFederal Reserve Chair Janet Yellen in testimony Wednesday before the House Financial Services Committee. By Lucia Mutikani WASHINGTON -- The U.S. economy continued to expand in recent weeks, with manufacturing...Show More Summary

US Congress Reviews Overseas Operations Budget While Withdrawal Consequences Seem Clear

The US House Armed Services Committee is holding a hearing (with live video) today on the belated FY15 war funding request, $53B of which are allocated to Afghanistan. Islamic State insurgents reportedly repelled official Iraqi forces who tried to take back Tikrit. The idea that the US will have withdrawn most of its troops from […]

Maxine Waters: Help Us Reform the Ex-Im Bank

Anyone following the fight over the Export-Import Bank knows that Rep. Maxine Waters is leading the charge to reauthorize it. As Ranking Member of the House Financial Services Committee, no one has been more vocal about the Ex-Im Bank's...Show More Summary

Fed’s Yellen Back on Capitol Hill for Second Day of Testimony

Fed Chairwoman Janet Yellen is scheduled to appear before the House Financial Services Committee at 10 a.m.

DOD official defends EELV block buy, endorses launch competition

While the Senate gears up for a joint hearing Wednesday on space access, some members of the House Armed Services Committee used a July 10 hearing on Defense Department acquisitions issues to grill a top Pentagon official on the topic of the Evolved Expendable Launch Vehicle (EELV) “We don’t seem to be as encouraging of [...]

5 Myths About the Export-Import Bank

Later today, Rep. Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee (HFSC) will be holding a briefing for House members on the Ex-Im Bank. Recently, the majority staff at Hensarling's committee published their list of "5 Things to Know About the Export-Import Bank." We think the title of the blog is something of a misnomer. Show More Summary

What to Watch in Fed Chairwoman Janet Yellen’s Testimony This Week

Fed Chairwoman Janet Yellen testifies before the Senate Banking Committee on Tuesday, and the House Financial Services Committee on Wednesday.

Testimony once again debunks big part of GOP Benghazi conspiracy

Sorry, buddy Newly released transcripts from the House Armed Services Committee debunk a key part of the GOP's Benghazi conspiracy theory, reports AP: The testimony of nine military officers undermines contentions by Republican lawmakers that a "stand-down order" held back military assets that could have saved the U.S. Show More Summary

Partisan Divide Over Fed on Display as Congressional Panel Considers Bill

The polarization of American politics now extends to the issue of whether interest rates should be determined by mathematical formulas. The House Financial Services Committee on Thursday discussed a bill that would, among other things, require the Federal Reserve to adopt a formal rule to guide monetary policy decisions to tighten or ease credit. Show More Summary

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