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Financial Services Committee

July 25, 2012 - House Financial Services Committee hearing entitled "The Annual Report of the Financial Services Oversight Council."

The Committee called the hearing to provide an opportunity for the Secretary of the Treasury to present the Annual Report on the work of FSOC as required under the law. Chairman Bachus allocated one minute opening statements to eight junior majority members of the Committee. They all stayed on message saying that current economic difficulties are directly related to the 400 or so Dodd/Frank regulations that are  in place or are pending.