Today, the Daily Caller published an article on the new majority's first steps into investigating the causes of the 2008 financial crisis.  The Financial Services subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises will hold the first hearing planned to take place on February 9. The subcommittee will aim to reform government sponsored enterprises such as Fannnie Mae and Freddie Mac while concentrating heavily on preventing future losses for taxpayers.

Rep. Spencer Bachus (AL), chairman of the Financial Services Committee said after the announcement of the hearings, "The Committee will be busy this year addressing the issues of concern to Americans: jobs, economic activity, Fannie and Freddie reform, and implementation of Dodd-Frank.”

Read the rest of the Daily Caller's post HERE