Off Air Next: Hearing entitled “Examining Legislative Proposals to Address Consumer Access to Mainstream Banking Services"

WEEK IN REVIEW

Treasury Secretary Faces ‘Aggressive Questioning’ From Committee Republicans on the Financial Services Committee confronted Treasury Secretary Jake Lew at Thursday’s hearing about the Obama Administration’s decision to pay cash to Iran, labeled by the U.S. State Department as the “foremost state sponsor of terrorism.” Secretary Lew “faced aggressive questioning from Republicans over the details of the administration’s transactions with Iran,” reported the Washington Examiner in its coverage of t...

Media Advisory: Committee Hearing Schedule for the Week of September 26

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of Sept. 26: Tuesday, Sept. 27 at 10:00 a.m. – The Subcommittee on Financial Institutions and Consumer Credit will hold a hearing entitled “Examining Legislative Proposals to Address Consumer Access to Mainstream Banking Services.” The purpose of the hearing is to receive testimony on the following legislative proposals: H.R. 347 (Rep. Royce), the “Facilitating Access to...

Hensarling Opening Statement at FSOC Oversight Hearing

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Treasury Secretary Jacob Lew on the Financial Stability Oversight Council (FSOC): With today being the official start of Fall, it’s disappointing that the Financial Stability Oversight Council has delivered the equivalent of a summer rerun. Its 2016 annual report is basically identical to its 2015 annual report, breaking little new ground and adding little...

Subcommittee Conducts Regulatory Oversight

WASHINGTON – The Subcommittee on Capital Markets and Government Sponsored Enterprises today held an oversight hearing to examine the agendas of financial regulators, self-regulatory organizations (SROs) and standards-setters for accounting, auditing and municipal securities. “Since 2011, one of the primary objectives of this Subcommittee – and of the full Financial Services Committee – has been to hold regulators and other governmental bodies accountable to the American public who, lest we forge...