Congressman Scott Garrett Proudly Serving the 5th District Of New Jersey

News List

Garrett Mention - FinReg21: GOP lawmaker pushes alternative plan for financial regulatory reform
Aug 10, 2009 - It’s all healthcare, all the time, reports Rep. Scott Garrett, after visiting his constituents at factories and county fairs during the first week of the August recess. “It’s all anybody wants to talk about,” he says. The Republican congressman representing New Jersey’s 5th District, a solidly ... More

Garrett Opening Statement for Financial Services Committee Hearing
Jul 24, 2009 - Rep. Scott Garrett (R-NJ) released the following opening statement for today’s Financial Services Committee hearing titled “Regulatory Perspectives on the Obama Administration’s Financial Regulatory Reform Proposals-Part Two”: “Chairman Frank has been critical of the banking industry for opposing t... More

Garrett Op-Ed in The Hill: Derivatives wrongly named as key culprit in system breakdown
Jul 23, 2009 - Derivatives wrongly named as key culprit in system breakdown By Rep. Scott Garrett (R-N.J.) http://thehill.com/op-eds/derivatives-wrongly-named-as-key-culprit-in-system-breakdown-2009-07-22.html In the popular dialogue about derivatives, opinion often masquerades as fact. Derivatives have been ... More

Garrett Opening Statement for Financial Services Hearing
Jul 15, 2009 - Rep. Scott Garrett (R-NJ) released the following opening statement for today’s House Financial Services Committee hearing entitled “Banking Industry Perspectives on the Obama Administration’s Financial Regulatory Reform Proposals”: "I don’t mean to single out one of my colleagues on this Committee,... More

IN CASE YOU MISSED IT: Scott Garrett on the Fed, Stimulus 2, and Financial Services Reform
Jul 13, 2009 - Rep. Scott Garrett (R-NJ) has spoken out recently regarding his calls for an investigation into the Federal Reserve, as well as the possibility of a second stimulus package and the issue of financial services regulatory reform. Selected TV and Radio Appearances: CNBC’s Squawk Box– Monday, J... More

Garrett Statement on OTC Derivatives Joint Hearing
Jul 10, 2009 - Rep. Scott Garrett (R-NJ) released the following statement regarding today’s hearing on over-the-counter derivatives: “Today’s hearing provides an important opportunity to dispel the myths surrounding the over-the-counter derivatives market. In the popular dialogue about derivatives, opinion often ... More

Garrett Asks Obama for Fed Investigation
Jul 10, 2009 - Rep. Scott Garrett (R-NJ) is calling on President Barack Obama for an investigation of the Federal Reserve prior to contemplating expansion of its power through financial services regulatory reform. In a bipartisan letter signed by 16 of his colleagues, Garrett states, “the financial services regu... More

Garrett Mention - CQ: Federal Reserve Official Seeks to Reassure Lawmakers
Jul 10, 2009 - A top Federal Reserve official Thursday sought to reassure lawmakers that the central bank can handle new responsibilities to guard against systemic risks to the economy, even as some House members continued to raise questions about the plan. As part of a broader overhaul of financial industry regu... More

Garrett Statement on Consumer Financial Protection Agency
Jun 30, 2009 - Rep. Scott Garrett (R-NJ) released the following statement today regarding the Obama Administration’s plans for a consumer financial protection agency: “The administration claims that its financial services regulatory reform proposal seeks to address and reform the main areas in our financial syste... More

Garrett Statement on Treasury Auctions and U.S. Debt
Jun 26, 2009 - Rep. Scott Garrett (R-NJ) released the following statement regarding the auctions this week of a record $104 billion in Treasury notes to cope with America’s debt obligations: “Congress and the Obama administration are guilty of gross negligence with regard to government spending. The present l... More

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