Yesterday the House overwhelmingly passed-- though not without some tough fights-- Carolyn Maloney's H.R. 3639 , a much needed amendment to the Credit Card Accountability Responsibility and Disclosure Act of 2009. The idea was to establish an earlier effective date for the consumer protections inherent in the original bill. The credit card companies were none to keen to see that pass; and let me come...
Earlier this afternoon we looked at some of the obstacles to passage of meaningful health care reform , primarily obstacles from Big Business in the form of an entrenched culture of corruption between many members of the Senate and with the Executive Branch. But not all the opposition is about dollars and cents. The Insurance lobbyists and their Republican cronies are counting on the Blue Dogs, of...
And let’s hope they’re successful, as the CRA created an atmosphere in Washington DC and in the lending community whereby loans were made to people who had no business taking them. The CRA (along with a myriad of other policies and regulations) ultimately led to the housing bubble by distorting the lending markets. WASHINGTON (AP) - Conservative Republicans are capitalizing on the troubles...
By Walid Phares On Tuesday, September 22, 2009, Members of the US Congress, Members of European Parliament and a Member of the Canadian Parliament signed an historic document condemning Iran’s continued human rights abuses. This document was signed at the second Trans-Atlantic Group on Counter Terrorism, or TAG, summit hosted by TAG co-chairs US Representative Sue Myrick (NC-09) and Member of...
A few weeks ago I shared the story of the Dreger Clock, which stood for decades at Knott's Berry Farm in nearby Buena Park, California. The clock was built by Andrew Dreger Sr., the great-grandfather of a family friend. The restoration of the clock has been completed, and a few days ago it was installed in its new home at Plaza Buena, located on Beach Boulevard across the street from the Buena Park...
The following was posted on a Congressional blog by the Republican member of the House of Representatives from very conservative Orange County California:Last week, I posted ("Book Burning") on the contested election to head UNESCO. The Egyptian candidate, Farouk Hosny, the initial front-runner, came under fire for having said he'd be willing to burn Israeli books. I joined the attack. The...
Four members of the House Financial Services Committee scheduled breakfast fundraisers for Wednesday morning before a committee hearing on proposed financial oversight reform, according to invitations obtained by the nonpartisan Sunlight Foundation . Reps. Carolyn McCarthy (D-N.Y.), Suzanne Kosmas (D-Fla.), Ed Royce (R-Calif.), and Travis Childers (D-Miss.) all had breakfast fundraisers to gobble up...
Byron York: A number of experts believe that aggressive enforcement of the 1970s-era Community Reinvestment Act contributed to the mortgage meltdown, and thus to the greater financial crisis, by requiring financial institutions to lend to unqualified borrowers. Now, the Democratic majority in the House of Representatives is responding to that situation by proposing to expand the scope and power of...
Republican Congressman Ed Royce (CA), cosponsor of the Defund ACORN Act, joined me last night to discuss the investigation and possible defunding of ACORN. The Senate just voted 83-7 to defund ACORN. The question now becomes whether the House will follow suit. The interview begins at the 2:01 mark.
Kudos to my colleague Ed Royce (R-CA) for sounding the alarm on the international battle to downgrade the dollar. I've said for months now that our penchant for massive spending and our sky-rocketing debt will come back...
WASHINGTON, Sept. 13 - Saudi Ambassador to the United StatesAdel A. Al-Jubeir responded to a July 31 letter, co-signed by Rep. Brad Sherman (D-CA) and Rep. Ed Royce (R-CA) and more than 220 Members of the House of Representatives, to the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al-Saud. In the letter, the Members noted the Saudi-sponsored Arab Peace Initiative and urged
Guest blog post by Rep. Ed Royce (Calif.)He is wanted by Argentina for a terrorist attack. He is listed by the E.U. as a person linked to Iran's proliferation activities. He appears on an Interpol "Red Notice." He...
The news broke late Monday night that President Obama would be holding a press conference today and announce his nomination of Federal Reserve Chairman Ben Bernanke to another four-year term. The story broke on the same day that hundreds of grassroots activists sent letters to Senator Reid and Speaker Pelosi demanding an audit of the monetary activities of the Federal Reserve Bank. The following is...
Ed Royce held another local Town Hall meeting in Garden Grove on Saturday. Unlike his last one, this time Royce slapped down the Lyndon LaRouche supporter who carried a poster of President Obama with a Hitler moustache. “It’s not a Nazi health care policy, it’s a socialist health care policy,” Royce said. “The one thing Democrats and [...]
back from West OC legislative mixer – Rep. Ed Royce (D-CA40) spoke – no one was accused of being a Nazi # RT @michellemalkin: It’s Recess Rally day. Find your local protest here: http://recessrally.com/ # RT @michaeljohns: LA Recess Rally in Waxman Dist., today, Noon to 3pm PT, Federal Bldg., 11000 Wilshire Blvd., LA, CA [...]
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