Bachus Might Face Challenge For Financial Services Spot.

The article reports on the attempt of the U.S. House Financial Services ranking member and Democrat Spencer Bachus to avoid a possible challenge from Republicans who are seeking for a stronger advocate of conservative free-market principles in the U.S. The move occurred when the U.S. Congress gets ready to tackle the regulatory overhaul of the country's financial markets in 2009. Moreover, Bachus also opposed the $700 billion financial rescue fund.