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Royce Backs Legislation Condemning Sikh Temple Shooting
Sep 10, 2012
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Rep. Ed Royce (R-CA), Co-Chairman of the Congressional Caucus on India and Indian Americans, became an original cosponsor of legislation introduced today to condemn the shooting that killed six innocent people at the Sikh Temple of Wisconsin in Oak Creek, Wisconsin, on August 5, 2012. Congress has b...
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Royce Statement on National Debt Surpassing $16 Trillion
Sep 4, 2012
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Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, issued the following statement regarding today’s announcement from the U.S. Treasury Department that the national debt surpassed $16 trillion: "Today, our national debt surpassed an alarming $16 trillion, the highest in...
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"Sarbanes-Oxley Has Devastated The U.S. IPO Market" by Rep. Royce
Jul 28, 2012
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8.6%. No, it isn't the latest unemployment number, and it certainly isn't the yield on 10-year Treasuries. Rather, it was America's share of global initial public offerings last year. The home of the deepest, most liquid capital markets in the world produced fewer than one-tenth of the IPOs around t...
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Royce Letter Requests Insurance Director Review NAIC
Jul 12, 2012
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Today, in a letter sent to the Director of the Federal Insurance Office (FIO), Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, requested a review of the operations and structure of the National Association of Insurance Commissioners (NAIC), which currently labels its...
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Royce on the Costs of Rising Regulations
May 9, 2012
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Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, highlighted the costs of rising regulations during today’s hearing to examine the impact that growing federal regulations have on smaller institutions and the overall economy. "The Dodd-Frank Act’s 2300 pages of governm...
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Royce on FHA’s guidelines for homes near overhead high voltage transmission towers and lines
Apr 14, 2012
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Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, made the following statement during today's hearing regarding the Federal Housing Administration’s guidelines for homes located near overhead high voltage transmission towers and lines: I would like to welcome everyone ...
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Royce Criticizes CFPB During Semi-Annual Report Hearing
Mar 29, 2012
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During today’s hearing on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress, Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, highlighted the lack of coordination between the CFPB and prudential regulators. "We have expressed our concern...
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Royce: Volcker Takes U.S. Financial System in the Wrong Direction
Jan 18, 2012
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During today’s House Financial Services Committee hearing to examine the Volcker Rule’s impact on the economy and jobs, Rep. Ed Royce (R-CA) a senior member of the committee, gave the following statement regarding the rule. "Since the passage of Dodd-Frank, it has become clear that neither Asia nor ...
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Royce Legislation Strengthens U.S. Capital Market
Dec 15, 2011
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Rep. Ed Royce (R-CA) highlighted the role Sarbanes-Oxley played in the deterioration of the U.S. capital market during today’s House Financial Services Committee hearing. Yesterday, Royce introduced legislation to provide some relief on this front – H.R. 3655, the Small Business Access to Capital Ac...
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Royce Introduces Small Business Access to Capital Act
Dec 14, 2011
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Today, Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, introduced H.R. 3655, the Small Business Access to Capital Act. Royce’s legislation helps increase job growth and eases the regulatory burden facing small businesses by permanently exempting companies with a mark...
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