Washington
(Jun 9)
House Republican Leader John Boehner (R-OH) today named Republican conferees on H.R. 4173, Democrats’ financial regulation bill. Last month, in a letter to Speaker Nancy Pelosi (D-CA), Boehner called for an open, bipartisan House-Senate conference that would be broadcast live on C-SPAN and include live webcasting so all Americans can engage in the debate over this critical measure’s final form. Boehner issued the following statement:
“The American people want reform, not more permanent bailouts for Washington Democrats’ Wall Street allies. I called for an open, bipartisan, and transparent conference on financial regulation to ensure that taxpayers know exactly what is – and what is not – included in this critical legislation. What Americans will see at the outset is a flawed bill with job-killing implications that is riddled with lobbyist-inspired loopholes and special interest carve-outs, while lacking any reform of the government mortgage companies that triggered the economic crisis. By rejecting today’s YouCut proposal to reform Fannie Mae and Freddie Mac, House Democrats make a mockery of their claims to be serious about financial reform and stopping taxpayer bailouts.
“This conference is an opportunity to listen to the American people and work together on common-sense solutions to end the bailouts, reform Fannie Mae and Freddie Mac, and hold Wall Street accountable for its actions. I am confident that the Republican conferees will ask the tough questions and serve as strong voices for taxpayers.”
NOTE: Boehner named the following lawmakers to serve as conferees on the House-Senate conference charged with completing work on H.R. 4173, Democrats’ financial regulation bill:
• Rep. Spencer Bachus (R-AL), ranking member on the House Financial Services Committee
• Rep. Joe Barton (R-TX), ranking member of the House Energy and Commerce Committee
• Rep. Sam Graves (R-MO), ranking member of the House Small Business Committee
• Rep. Darrell Issa (R-CA), ranking member of the House Oversight and Government Reform Committee
• Rep. Frank Lucas (R-OK), ranking member of the House Agriculture Committee
• Rep. Lamar Smith (R-TX), ranking member of the House Judiciary Committee
• Rep. Ed Royce (R-CA)
• Rep. Judy Biggert (R-IL)
• Rep. Shelley Moore Capito (R-WV)
• Rep. Jeb Hensarling (R-TX)
• Rep. Scott Garrett (R-NJ)