Off Air Next: Hearing entitled “Monetary Policy and the State of the Economy”

Committee Hearing Schedule for Week of February 8

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of February 8. Wednesday, February 10 at 10:00 A.M. – Federal Reserve Chair Janet Yellen will appear before the full committee to deliver the Federal Reserve’s semi-annual Monetary Policy Report to Congress. Since Chair Yellen last appeared before the Committee to report on monetary policy and the state of the economy in July 2015, the Federal Reserve ende...

Week In Review

House Focuses Week on Passing Bipartisan Bills Sponsored by Committee Members Action on the House floor this week was dominated by bills that came out of the Financial Services Committee. The House passed seven bipartisan bills sponsored by committee members, including bills to help create jobs on Main Street, improve housing assistance, and protect small businesses and consumers from an abuse of executive power. On Monday, the House passed four bipartisan bills giving small businesses more att...

House Votes to Stop Operation Choke Point

Bipartisan legislation passed by the House today will prevent abuses by federal banking regulators who are choking off access to financial services for legally operating businesses. The bill, the Financial Institution Customer Protection Act, was approved 250-169. The bill is a direct response to “Operation Choke Point,” an attempt by the Obama Administration to use the immense and intimidating power of the federal government to pressure and coerce financial institutions and payment processors ...

House Passes Bipartisan Bill to Help Our Main Street Economy

WASHINGTON – A bipartisan bill to help our nation’s Main Street businesses access the funding and investments they need to grow and create jobs passed the House today 265-159. True, sustainable economic growth that increases paychecks and creates opportunity for all comes from Main Street, not Washington. Yet excessive Washington regulations make it harder for small businesses on Main Street to grow and create jobs. H.R. 1675, the Encouraging Employee Ownership Act, is a package of regulatory r...