Summary:
| Year | Bill |
| 2009 | House Vote 968, 12/11/09; Congressional Quarterly, 12/11/09; Congressional Actions, H.R. 4173 |
| 2010 | House Vote 413, 6/30/10; Congressional Quarterly, 6/30/10; Congressional Actions, H.R. 4173 |
| 2009 | House Vote 952, 12/10/09; Congressional Quarterly, 12/10/09; Congressional Actions, H.Res. 964 |
| Year | Bill |
| 2012 | House Vote 151, 3/16/12; House Budget Committee, 5/20/12; Congressional Actions, H.Con.Res. 112 |
| 2012 | House Vote 149, 3/29/12; Republican Study Committee, 3/12 |
| 2012 | House Vote 277, 4/15/11; House Budget Committee, 4/5/11 |
April 2010: Pence Claimed Dodd-Frank Had “Unlimited Executive Bailout Authority.” According to the transcript of a Mike Pence interview on MSNBC obtained via the Federal News Service, “PENCE: Well, you know, I don’t know. I might leave that more to the pundits, especially one with a background in financial services that you have. You know, there’s some talk the White House is willing to do without the bailout fund, the $50 billion fund. But I still don’t yet hear anybody talking about giving away the bailout authority that is in this bill. It was Congressman Brad Sherman who said, quote, ‘The Dodd bill has unlimited executive bailout authority. That’s something Wall Street desperately wants but doesn’t dare ask for,’ closed quote.” [Federal News Service, 4/22/10]
December 2009: Pence On The Wall Street Reform And Consumer Protection Act Of 2009: “I See This Bill As Nothing More Than A Permanent Bailout And A Job-Killer.” According to a Mike Pence press release obtained via The Office Of Rep. Mike Pence, “Mr. Speaker, I rise in opposition to the rule and to the underlying bill, the so-called, Wall Street Reform and Consumer Protection Act of 2009. Unfortunately, as it has been said, there is not much taxpayer protection in the bill and there is even less Wall Street reform. I see this bill as nothing more than a permanent bailout and a job-killer.” [Office Of Rep. Mike Pence, 12/14/09]
2009: Pence Voted Against The Creation Of The Consumer Financial Protection Bureau. According to Blue Ridge Now, “18. Consumer Financial Protection Bureau: The House on Dec. 11, 2009, defeated, 208-223, an attempt to strip the pending Dodd-Frank financial-regulation bill (HR 4173) of its proposed Consumer Financial Protection Bureau and replace the agency with a softer regulatory approach that would be subject to the congressional budget process. A yes vote opposed creation of the consumer bureau. Pence voted yes. Ryan voted yes.” [Blue Ridge Now, 7/20/16]
2009: Pence Voted Against Imposing A 90 Percent Tax On 2009 Bonuses From Companies That Received At Least $5 Billion In Federal Bailout Funds If The Recipient’s Family Made More Than $250,000. In March 2009, Pence voted against a bill that, according to Congressional Quarterly, would have “taxe[d] bonuses given to individuals at a rate of 90% — if their employer received more than $5 billion in federal assistance under the Troubled Asset Relief Program (TARP). It [would have] applie[d] to individuals whose total family adjusted gross income exceeds $250,000 per year, and [would have] affect[ed] bonuses received after Dec. 31, 2008. […] The TARP recipients that are covered under the bill include any entity that received, after Dec. 31, 2007, capital infusions exceeding $5 billion under the financial industry ‘bailout’ (PL 110-343), as well as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). It would also apply to members of affiliated groups or partnerships with more than 50% of the capital or profits owned by TARP recipients.” The House agreed to suspend the rules and pass the bill by a vote of 328 to 93. The Senate subsequently replaced the entire bill contents with an unrelated aviation safety measure, which ultimately became law. [House Vote 143, 3/19/09; Congressional Quarterly, 3/18/09; Congressional Actions, H.R. 1586]
2008: Pence Voted Against Establishing Restrictions On Credit Card Company Billing Practices. In September 2008, Pence voted against a bill that, according to Congressional Quarterly, “would [have] prohibit[ed] credit card companies from retroactively increasing interest rates on existing balances in most cases, issuing finance charges on balances for days not included in the most recent billing cycle, charging fees on outstanding balances created only from interest accrued in the previous billing period until the end of the current bill period. The measure also would require companies to send statements at least 25 days before payment is due and give at least 45 days’ notice before increasing rates.” The bill passed the House by a vote of 312 to 112. No other substantial actions were taken. [House Vote 623, 9/23/08; Congressional Quarterly, 9/23/08; Congressional Actions, H.R. 5244]
2012: Pence Voted To Defund Federal Home Loan Modification Program. In May 2012, Pence voted for a bill which would have, according to Congressional Quarterly, “terminate[d] the authority of the Treasury Department to provide any new assistance to homeowners under HAMP. Under the measure, any assistance already provided to HAMP participants or any funds already obligated to provide such assistance could still be disbursed.” The underlying bill pertained to replacing automatic sequester cuts with other discretionary spending cuts, as well as repealing parts of health care reform, cutting food stamps, and increasing federal employee pension contributions. The vote was on passage of the bill, the House passed the bill by a vote of 218 to 199. The Senate took no substantive action. [House Vote 247, 5/10/12; Congressional Actions, H.R. 5652; Congressional Quarterly, 5/10/12; Congressional Quarterly, 5/9/12]
March 2009: Pence Voted For A Proposal To Ban TARP Funds From Bailing Out Irresponsible Lenders Or Borrowers: “This Motion Is About Fairness And Protection For The Responsible Homeowners In Indiana.” According to a press release obtained via The Office Of Rep. Mike Pence, “U.S. Congressman Mike Pence voted in favor of a proposal that would ensure that no Troubled Asset Relief Program (TARP) funds would be used to bail out lenders or borrowers who acted irresponsibly: The vast majority of Hoosiers have found ways to consistently pay their mortgages on time in spite of these tough economic times they should not be forced to subsidize the irresponsible, reckless and sometimes criminal actions of a few. No one wants to turn a blind eye to those who through no fault of their own have fallen on hard times, but Hoosiers dont want a handout either. This motion is about fairness and protection for the responsible homeowners in Indiana. This motion would prohibit the taxes of millions of responsible Hoosiers from going to lenders who failed to comply with proper standards, or borrowers who lied on their mortgage applications. Even in the times of hardship, we should not sacrifice the principle of personal responsibility at the altar of bigger federal government. We should pursue the kind of policies that encourage responsibility and incentivize sound judgment. Hoosiers of East Central Indiana deserve nothing less, and should pay for nothing more.” [Office Of Rep. Mike Pence, 3/5/09]