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Obama administration to scale back Fannie Mae, Freddie Mac

...protect American taxpayers and develop a sustainable long-term plan for reform."House Financial Services Chairman Spencer Bachus, R-Ala., said the administration's move would make it less likely that taxpayers would ever recoup the money...

http://chronicle.augusta.com/news/business/2012-08-17/obama-administration-scale
Fed boss makes case to keep banking duties

...House members at Wednesday's hearing."Frankly, the Fed's performance ... has been inadequate," said Rep. Spencer Bachus of Alabama, the senior Republican on the committee. "In spite of its oversight, many of the large, complex banking...

http://chronicle.augusta.com/news/business/2010-03-18/fed-boss-makes-case-keep-b
Business
Bloom: NCAA cut college football career short

...adjudicate violations of association rules struck a personal chord with many members of the House panel. Republican Rep. Spencer Bachus called the hearing after the NCAA imposed sanctions against two major college athletic programs in his home state...

http://chronicle.augusta.com/stories/2004/09/15/col_428549.shtml
College
House passes $82 billion tax cut

...covered in the legislation already pay no income taxes. "We're turning our tax code into a welfare system," said Spencer Bachus, R-Ala. The White House said Thursday it wanted the House and Senate to "quickly resolve their differences...

http://chronicle.augusta.com/stories/2003/06/13/bus_378308.shtml
Business
Lawmakers examine coverage on deposits

...it would keep pace with inflation and help people in rural areas who have only one bank in their community. Rep. Spencer Bachus, R-Ala., the chairman of the Financial Services subcommittee on financial institutions, pointed out that "several...

http://chronicle.augusta.com/stories/2001/05/17/bus_313309.shtml
Business
Top IRS official investigated for travel advance

...testified before the Senate concerning the dangers of investigative abuses has in fact abused its own power," said Rep. Spencer Bachus, R-Ala, chairman of the House Banking Committee's investigative subcommittee. Treasury Department spokesman...

http://chronicle.augusta.com/stories/1998/05/26/bus_229525.shtml
Business
Congress sends bill to help small businesses attract investors to the president

...reduce the red tape that stifles innovation, economic growth, and job creation," House Financial Services Chairman Spencer Bachus, R-Ala., said.Democrats, who have criticized Republican opposition to their efforts to stimulate the economy...

http://chronicle.augusta.com/news/business/2012-03-27/congress-sends-bill-help-s
House passes anti-identity theft, national credit reporting legislation

...credit reporting system has lowered costs and increased choice and convenience for American consumers," said Rep. Spencer Bachus, R-Ala. "Much like the national interstate highway system allows for quick and easy travel across state lines...

http://chronicle.augusta.com/stories/2003/09/12/fin_386898.shtml
Finance
Administration urges protections against identity theft

...consumers' options are hidden from view by financial institutions seeking to sign up new credit card holders. Rep. Spencer Bachus, R-Ala., is sponsoring legislation that would renew the uniform standards of the Fair Credit Reporting Act...

http://chronicle.augusta.com/stories/2003/07/10/fin_380732.shtml
Finance
No foreign commanders

...training at Daniel Village could be called to Serbia to be commanded by a Pakistani general. Norwood and U.S. Rep. Spencer Bachus, R-Ala., are spearheading a bipartisan drive to prohibit such an abomination from occurring. In a letter sent...

http://chronicle.augusta.com/stories/1999/02/17/op_253668.shtml
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