November 16, 2009 LEGISLATURE’S BANKS COMMITTEE TO LOOK AT IMPACT
OF REAL ESTATE CONVEYANCE TAX ON FORECLOSURES The Legislature’s Banks Committee chairmen State Representative Ryan Barry (D-Manchester) and State Senator Bob Duff (D-Norwalk) will hold a forum Tuesday to discuss the potential impact of legislation passed by the General Assembly that will apply state and municipal real estate conveyance taxes to foreclosed properties that are sold on or after January 1, 2010. READ MORE
October 30, 2009 MANCHESTER ROAD PROJECT APPROVED
BY STATE
State Representative Ryan Barry (D-Manchester) announced that the State Bond Commission today approved funding for a major realignment of the heavily travelled Middle Turnpike West intersections at Center Street and New State Road. READ MORE
August 7, 2009 BANKS COMMITTEE CHAIRS: FORECLOSURE MEDIATION PLAN
CONTINUES TO SAVE CONNECTICUT HOMES
The co-chair of the General Assembly’s Banks Committee—Senator Bob Duff (D-Norwalk) and Representative Ryan Barry (D-Manchester)—today said that new data from the state Judicial Branch shows that the state’s hallmark voluntary foreclosure mediation program has provided settlements for 74 percent of its participants. READ MORE
August 5, 2009 BANKS COMMITTEE LEADERS
REMARK ON SEVERAL SESSION SUCCESSES
Despite uncertain financial times, and in response to the difficulties that the subprime mortgage crisis and subsequent nationwide economic downturn has caused for families across the state of Connecticut, the General Assembly’s Banks Committee moved several key legislative priorities through the state legislature this year that will help protect homeowners and consumers.
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June 22, 2009 LAWMAKERS DECRY GOVERNOR’S CALL
TO CLOSE MANCHESTER COURTHOUSE
State Representative Ryan Barry (D-Manchester), House Majority Leader Denise Merrill (D-Mansfield/Storrs), Rep. Jack Thompson (D-Manchester), Rep. Jason Rojas (D-East Hartford) along with other officials held a news conference outside the Manchester Courthouse to voice strong opposition to the Governor’s proposal to shut down the Courthouse as a cost cutting measure. READ MORE
Rep. Ryan Barry speaks at a press conference in front of the Manchester Courthouse in opposition to the Governor’s proposal to shut down the courthouse as a cost cutting measure. Rep. Jason Rojas and House Majority Leader Denise Merrill look on.
June 11, 2009 QUIET BANKING BILL TAKES AIM AT DEBT FIXERS
Legislation introduced by State Representative Ryan Barry (D-Manchester) and Senator Bob Duff (D-Norwalk), co-chairs of the General Assembly’s Banks Committee, aims to protect individuals weighed down by household and consumer debt from unscrupulous debt negotiators who make grandiose claims to dramatically reduce debt or stave off home foreclosure. READ MORE
May 29, 2009 BILL CALLS FOR MANDATORY
MEDIATION IN FORECLOSURE CASES
Legislation authored by State Representative Ryan Barry (D-Manchester) and Senator Bob Duff (D-Norwalk), Co-chairs of the Legislature’s Banks Committee, requiring mediation between lenders and defendant borrowers in home foreclosure court cases received final approval by the General Assembly today. The bill (SB948), which passed the Senate last night and House today, now goes to the Governor to be signed into law. READ MORE
May 29, 2009 BARRY BILL WOULD REDUCE COMMUNITY BLIGHT
CAUSED BY GROWING NUMBER OF FORECLOSURES
Legislation backed by State Representative Ryan Barry (D-Manchester), House Chair of the Legislature’s Banks Committee, aimed at reducing neighborhood blight caused by the growing number of property foreclosures was approved by the House of Representatives and now moves on to the Governor to be signed into law. READ MORE
May 26, 2009 LEGISLATION COMBATING FINANCIAL SCAMS
AGAINST SENIORS PASSES HOUSE
State Representative Ryan Barry (D-Manchester), House Chair of the Legislature’s Banks Committee, announced that legislation aimed at protecting senior citizens from financial scams was unanimously approved by the House of Representatives. READ MORE
May 7, 2009 REP. BARRY’S BILL RESTRICTING CREDIT CARD
SOLICITATIONS ON CAMPUSES PASSES HOUSE
Legislation introduced by State Representative Ryan Barry (D-Manchester), House Chair of the Legislature’s Banks Committee, that restricts how credit card companies can solicit students on Connecticut’s public college campuses was approved by the House of Representatives. READ MORE
Rep. Barry speaks with WTIC radio May 8 on restricting marketing of credit cards on college campuses.
April 8, 2009 HOUSE APPROVES BANKS COMMITTEE BILL PROHIBITING
DORMANCY FEES ON CERTAIN CUSTOMER ACCOUNTS
State Representative Ryan Barry (D-Manchester), House Chairman of the Legislature’s Banks Committee, said legislation passed by the House of Representatives will prohibit banks and other financial institutions from charging customer fees on certain dormant accounts. READ MORE
March 27, 2009 STATEMENT FROM BANKS COMMITTEE CHAIRS
ON KEY FINDINGS FROM AIG INVESTIGATIVE HEARING
State Senator Bob Duff (D-Norwalk) and Representative Ryan Barry (D-Manchester), co-chairs of the General Assembly’s Banks Committee, today issued the following statement regarding several key findings from yesterday’s investigative hearing and the committee’s next steps: READ MORE
March 26, 2009 Opening Statement of Banks Committee House Chairman Rep. Ryan Barry at the start of the committee’s March 26 investigative hearing on AIG bonus and compensation policies.
“The Banks Committee is conducting this hearing regarding the bonus and compensation practices of AIG Financial Products – a Connecticut based corporation. READ MORE
March 20, 2009 BANKS COMMITTEE CHAIRS, ATTORNEY GENERAL
ISSUE SUBPOENAS FOR A.I.G. EMPLOYEES
State Senator Bob Duff (D-Norwalk) and Representative Ryan Barry (D-Manchester), co-chairs of the General Assembly’s Banks Committee, with Attorney General Richard Blumenthal today issued subpoenas commanding several A.I.G. employees, including CEO Edward M. Liddy, to appear at a legislative hearing on Thursday, March 26.
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Banks Committee House Chair State Rep. Ryan Barry, D-Manchester, center is joined by state Sen. Bob Duff, D-Norwalk, left, and state Attorney General Richard Blumenthal, right, at a press conference on subpoenas served to American International Group Inc. concerning bonuses paid to employees. (Associated Press Photo)
March 13, 2009 BANKS COMMITTEE LOOKS TO AVERT ANOTHER MADOFF
State Representative Ryan Barry (D-Manchester) and Senator Bob Duff (D-Norwalk), co-chairs of the General Assembly’s Banks Committee, said legislation approved by their committee can help to prevent another Madoff-style investment scandal in the future. READ MORE
March 10, 2009 BANKS COMMITTEE CALLS FOR
MANDATORY
MEDIATION IN FORECLOSURE CASES
State Representative Ryan Barry (D-Manchester), House Chair of the Legislature’s Banks Committee, reported a bill out of his committee that will require mediation between lenders and defendant borrowers in home foreclosure court cases. READ MORE
February 11, 2009 REP. BARRY TO HOST MANCHESTER COMMUNITY MEETING ON STATE BUDGET
State Representative Ryan Barry, who represents Manchester in the Connecticut General Assembly, is inviting residents to join him at a community meeting Wednesday February 18 beginning at 6:00 p.m. to discuss the status of the state budget. READ MORE
January 28, 2009 REP. BARRY & ATTORNEY GENERAL SEEK PROTECTIONS
AGAINST PREDATORY TAX REFUND ANTICIPATION LOANS
State Representative Ryan Barry (D-Manchester), House Chairman of the Legislature’s Banks Committee, and Attorney General Richard Blumenthal have called for federal legislation to protect consumers from abusive tax refund anticipation loans (RALs). READ MORE