WASHINGTON—(ENEWSPF)—April 28, 2010. Senate Banking Committee Chairman Chris Dodd (D-CT) issued the following statement after Republicans again voted to prevent debate on Wall Street reform. “Today was another disappointing day.” “Today, the Goldman Sachs hearings remind all of us of the terrible price our country paid for Wall Street recklessness[Read More…]
Latest News
Senate Floor Statement of Senator Carl Levin on the Financial Regulatory Reform Bill
Washington, D.C.–(ENEWSPF)–April 28, 2010. The following remarks are attributable to Senator Carl Levin (D-Mich.). Mr. President, yesterday the Senate Permanent Subcommittee on Investigations, which I chair, held the fourth in our series of hearings to explore some of the causes and consequences of the financial crisis. These hearings are the[Read More…]
FTC Mails Redress Checks to Fraud Victims Who Lost Money Through MoneyGram’s Money Transfer System
Washington, D.C.–(ENEWSPF)–April 28, 2010. Beginning today, a claims administrator working for the Federal Trade Commission will mail more than 34,000 checks totaling almost $18 million to consumers identified as victims of a series of cross-border fraud schemes involving payments via MoneyGram International, Inc., the second-largest U.S. wire-transfer company. In October[Read More…]
Statement on Bipartisan Effort to Strengthen Legislation to Prevent Deceptive Look-alike Census Mailings
WASHINGTON–(ENEWSPF)–April 28, 2010. House Committee on Oversight and Government Reform Chairman Edolphus “Ed” Towns (D-NY), Ranking Member Darrell Issa (R-CA), Information Policy, Census and National Archives Subcommittee Chairman Lacy Clay (D-MO), Subcommittee Ranking Member Jason Chaffetz (R-UT) and Rep. Carolyn Maloney (D-NY) released the following statement today after the House[Read More…]
House Passes Bipartisan Legislation to Reduce Excess Payments by Federal Agencies
WASHINGTON–(ENEWSPF)–April 28, 2010. The House of Representatives today unanimously passed H.R. 3393, the “Improper Payments Elimination and Recovery Act of 2009” (IPERA), to ensure that taxpayer dollars are spent in the most responsible way possible and that if the government overpays for goods or services, it has the means to[Read More…]
House Republicans Ought to be Embarrassed about their Record on Fannie and Freddie
Washington, DC–(ENEWSPF)–April 28, 2010. Rep. Spencer Bachus should know better. In a long op-ed in Politico, the Alabama Republican talks at length about the supposed Democratic failure to reform the GSEs, but apparently President Bush’s “ownership society” doesn’t apply to Republicans taking responsibility for their own failures. The Republican record[Read More…]
CBO Testifies on Military Compensation
Washington, D.C.–(ENEWSPF)–April 28, 2010. To attract and retain the military personnel it needs, the Department of Defense (DoD) must offer a competitive compensation package—one that adequately rewards service members for their training and skills as well as for the rigors of military life, particularly the prospect of wartime deployment. This[Read More…]
ICON Health & Fitness Recalls Inversion Benches Due to Fall Hazard
WASHINGTON, D.C.–(ENEWSPF)–April 28, 2010. The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. Name of Product: Nordic Track Revitalize, Gold’s Gym, and Weider Club Inversion Benches[Read More…]
Gogo Sports Recalls Children’s Hooded Sweatshirts with Drawstrings Due to Strangulation Hazard
WASHINGTON, D.C.–(ENEWSPF)–April 28, 2010. The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. Name of Product: Children’s hooded sweatshirts with drawstrings Units: About 2,400 Manufacturer: Gogo[Read More…]
Scuba Diving Buoyancy Compensators Recalled by Ocean Management Systems Due to Drowning Hazard
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. Name of Product: Buoyancy Compensators used for Scuba Diving Units: About 20,000 Manufacturer: Ocean[Read More…]
