Topic - Mark A. Calabria

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  • House Financial Services Committee Chairman Barney Frank, Massachusetts Democrat (right), confers with the committee's ranking Republican, Spencer Bachus of Alabama, during a September hearing. Mr. Bachus, who will succeed Mr. Frank as chairman in January, is expected to exhibit a more reserved style. (Associated Press)

    House financial panel to see a new style

    When Republicans take control of the House next month, few committees will undergo a more drastic transformation in style, tempo and possibly legislative action than the Financial Services one.

  • GOP targets mortgage bailouts

    Republican leaders on Capitol Hill say ending the federal bailout of insolvent mortgage buyers Fannie Mae and Freddie Mac will be a major goal for the next Congress and criticize Democrats for failing to fix the pair of institutions that had central roles in the recent financial and housing crises.

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Quotations
  • "You try to get leverage where you can. In the Senate, nominations are your leverage," said Mark A. Calabria, who monitors financial regulation at the conservative-leaning Cato Institute.

    GOP uses budget, other tools to sap financial law →

  • Mr. Bachus' appointment of outspoken conservative Texas Republican Rep. Jeb Hensarling as the committee's vice chairman will serve as counterbalance and give Republicans a solid one-two punch on the panel, Mr. Calabria said.

    House financial panel to see a new style →

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