Banking and Bailouts
More on Banking and Bailouts
Baldwin and Cummings Introduce Legislation to Slow Revolving Door between Wall Street and Washington
Financial Services Conflict of Interest Act would have prohibited golden parachute payouts Trump nominees received
Baldwin and Cummings: President Trump's Revolving Door Between Wall Street and Washington Keeps Spinning
Goldman Sach's Gary Cohn cashes in with golden parachute to join Trump Administration
Payout would violate proposed Financial Services Conflict of Interest Act
Cummings and Warren Ramp Up Investigation Into Wells Fargo Fraudulent Sales Practices
Members Seek Documents from Prudential about Insurance Policies Sold Without Authorization
Issues Letter Seeking Documents Relating to Widespread Corporate Abuses
Washington, D.C. (Sept. 13, 2016)—Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, met with Wells Fargo President and Chief Operating Officer Tim Sloan to hear about steps the company is taking to hold employees and executives accountable for opening more than 2 million unauthorized accounts and to make whole the consumers who have suffered from these abuses.
Cummings, Warren, Warner Launch Investigation Of Major Derivatives Clearing Organizations' Recovery and Resolution Plans
"Systemically Important" Firms' Plans Are Critical to Preventing Another Financial Crisis
Warren, Warner, Cummings Introduce Legislation to Improve Federal Oversight of Risky Derivatives Trading and Protect Taxpayers
Washington, D.C. (June 2, 2016)—Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement on the proposed rule issued today by the Consumer Financial Protection Bureau (CFPB) to protect small-dollar borrowers from unscrupulous payday and car title loan lenders:
Carper, Cummings Seek Information from IRS Regarding Efforts to Monitor Structured Settlement Transactions
Democratic Leaders Emphasize Need for Oversight to Protect Sellers & Prevent Exploitation
Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.), and Congressman Elijah E. Cummings (D-Md.), Ranking Member of the House Committee on Oversight and Government Reform, released a Government Accountability Office (GAO) report that documents the dramatic growth of nonbank mortgage servicers and details the need for stronger regulatory oversight of the industry.