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Spencer Bachus

Spencer Bachus

Spencer Thomas Bachus III (born December 28, 1947) is the U.S. Representative for , serving since 1993. He is a member of the Republican Party and the senior member of the Alabama U.S.

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Rep . Spencer Bachus warns against Congress rushing release of bailout

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  1. Hoping to regain public trust, unpopular Congress tries to police itself on inside trading

    Aware that most Americans would like to dump them all, members of Congress hope to regain some sense of trust by subjecting themselves to tougher penalties for insid...

  2. House committee chairman says cooperating with ethics panel on stock trades, denies wrongdoing

    The chairman of the House Financial Services Committee said Friday he is cooperating with an ethics panel's investigation of his stock trades and expects to be exone...

  3. New insider trading law to open window into Congress members' financial transactions

    Congress is about to open a new, real-time window into its members' stock trades, real estate deals and other financial transactions, allowing anyone to view the inf...

  4. Fight to Stop Huge Pay Packages for Fannie, Freddie Execs

    Alabama lawmaker on new bill aimed at cutting funds

  5. GOP using budget, nomination fights to nibble away at Obama's financial overhaul law

    Congressional Republicans are greeting the one-year anniversary of President Barack Obama's financial overhaul law by trying to weaken it, nibble by nibble.Wary of a...

  6. GOP Targets Financial Overhaul Law For Revisions

    WASHINGTON -- President Barack Obama's financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting.Wary of tr...

  7. Regulators cite progress on global rules, dispute claims that regulations will hurt US economy

    Federal regulators said Thursday they are collaborating with other nations on rules intended to prevent another global financial crisis.The topic was raised at a con...

  8. SHATTERED DREAMS: The End of Fannie and Freddie

    They date back decades, with their roots in the Great Depression . And as with anything else that has been around for so long, their mere existence, in an ever-chang...

  9. House, Senate negotiators complete massive overhaul of Wall Street rules

    WASHINGTON (AP) — President Barack Obama declared victory Friday after congressional negotiators reached a dawn agreement on a sweeping overhaul of rules overseeing ...

  10. Alabama Congressman Defends Remark That Palin Cost GOP the Senate

    WASHINGTON -- A leading House Republican says Sarah Palin cost the GOP control of the Senate.Questioned about those comments on Tuesday, a spokesman for Rep. Spencer...

  11. Obama Team Grapples With Skepticism on Bailout Request

    President-elect Barack Obama is running into deep skepticism, even from his own party, as he tries to convince Congress to free up the remaining half of the $700 bil...

  12. Watchdog: Obama Foreclosure Aid Leaves Many Out

    WASHINGTON -- A watchdog panel overseeing the financial bailouts says the Obama administration's flagship mortgage aid program lags well behind the foreclosure crisi...

  1. Bachus says congressional ethics panel cleared him in pre-bailout investments

    The chairman of the House Financial Services Committee said Monday he's been cleared by an ethics panel that investigated his investment activities leading up to and...

  2. Insider Trading Hearings Turn Lawmakers' Scrutiny on Themselves

    As a result of the stock transactions revealed in my new book "Throw Them All Out" and featured on "60 Minutes ," both the Senate Homeland Security and Governmental ...

  3. Dems want Fannie, Freddie overseer out over resistance to mortgage write-downs

    A top regulator's unbending refusal to use troubled mortgage giants Fannie Mae and Freddie Mac to rescue underwater homeowners is whipping up a growing protest from ...

  4. Chief executives at mortgage giants Fannie Mae, Freddie Mac to get pay limits, bonuses cut

    The government says it will cap pay for Fannie Mae and Freddie Mac chief executives at $500,000 per year and eliminate annual bonuses for all employees. The changes ...

  5. Fannie, Freddie executive pay limited, bonuses cut under pressure from Congress

    The government is capping pay for Fannie Mae and Freddie Mac executives at $500,000 per year and eliminating annual bonuses, giving in to pressure from Congress to s...

  6. Congressional incumbents win primaries in Mississippi

    Mississippi Sen. Roger Wicker and the state's three U.S. House members have breezed to victory in their party primaries, setting up races in November in which each w...

  7. Obama signs insider trading ban for lawmakers

    President Obama signed legislation Wednesday barring members of Congress, the president and thousands of federal workers from profiting from nonpublic information le...

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