File photo of Chairman of the House Financial Services Committee Spencer Bachus in Washington

 
File photo of Chairman of the House Financial Services Committee Spencer Bachus in Washington
House Financial Services Committee ranking member Spencer Bachus (R-AL) speaks during the Reuters Washington Summit in this September 23, 2010 file photo. The chairman of the House Financial Services Committee, Spencer Bachus, which oversees the U.S. banking and financial services industries, is under investigation for possible violation of insider trading laws, The Washington Post reported on Thursday. REUTERS/Gary Cameron/Files (UNITED STATES - Tags: POLITICS BUSINESS)