President Donald Trump nominated former Republican lawmaker Scott Garrett as president of the Export-Import Bank of the United States on Friday, completing an about-face over an institution he had denounced as "featherbedding" for big business. A White House statement also named Spencer Bachus, another Republican former congressman, to be a member of the...
WASHINGTON, Oct 5- Lawmakers and a regulator on Friday took steps to help assauage swap players' concerns about complying with confusing rules that are set to take effect on Oct. 12.
Rep. Spencer Bachus (R-AL) was on CNBC’s “Squawk Box” this morning discussing the financial services industry in the wake of JPMorgan’s trading losses.
"They ruled six to nothing, that not only did I not insider trading but I violated no ethical rules nor any standards of conduct," says Rep. Spencer Bachus, (R-AL) Alabama, discussing insider trading charges brought against him and the results of an Office of Congressional Ethics investigation that followed.