Longtime Alabama congressman to retire
September 30th, 2013
10:18 AM ET
11 months ago

Longtime Alabama congressman to retire

Washington (CNN) - The dean of Alabama's delegation in the U.S. House of Representatives says he won't run for re-election next year.

"Thank you for allowing me to serve in the U.S. House. I will not seek reelection in 2014," tweeted Rep. Spencer Bachus Monday.
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Filed under: Spencer Bachus
Top House Republican cleared of insider trading
May 1st, 2012
03:35 PM ET
2 years ago

Top House Republican cleared of insider trading

Washington (CNN) – The chairman of the House Financial Services Committee has been cleared of allegations that he used his position to engage in insider trading and improperly profit from the 2008 market meltdown.

The Office of Congressional Ethics unanimously dismissed all of the potential charges against 10-term Alabama GOP Rep. Spencer Bachus, according to a statement released late Monday by the congressman's office.

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Filed under: Spencer Bachus
November 8th, 2010
06:13 PM ET
4 years ago

GOP Rep: 'Palin cost us control of the Senate'

(CNN) - Republican Rep. Spencer Bachus told a local Chamber of Commerce group last week that the candidates backed by the Tea Party and former Alaska Gov. Sarah Palin may be to blame for the Republican Party's failure to take back control of the Senate in last week's midterm elections.

"The Senate would be Republican today except for states (in which Palin endorsed candidates) like Christine O'Donnell in Delaware," Bachus said, according to the Shelby County Reporter. "Sarah Palin cost us control of the Senate."
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Filed under: 2010 • Sarah Palin • Spencer Bachus • Tea Party movement
November 5th, 2010
08:29 AM ET
4 years ago

Key GOP rep warns of banking 'mass exodus'

New York (CNNMoney.com) - The congressman likely to supplant Rep. Barney Frank as chairman of the House Financial Services Committee is asking regulators to carefully consider the implications of a new rule designed to limit risky trading.

Rep. Spencer Bachus, a Republican from Alabama, warns in a letter sent to Treasury Secretary Tim Geithner and the Financial Stability Oversight Council that an overly-strict implementation of the Volcker Rule will spark a "mass exodus" of clients from U.S. banks to their competitors abroad.
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Filed under: 2010 • Economy • issues • Spencer Bachus