Off Air Next: Markup of FY18 Budget Views and Estimates

Media Advisory: Committee Hearing Schedule for the Week of February 27

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee will meet on Tuesday, Feb. 28 at 10 a.m. to adopt its views and estimates for the fiscal year 2018 budget. All committee activity will take place in Room 2128 of the Rayburn House Office Building. Additional information, including a list of witnesses and live video of the proceedings, will be available on the Committee’s website. ###

WEEK IN REVIEW

Federal Reserve Chair Testifies Before the Committee “Economic growth has been quite disappointing,” Federal Reserve Chair Janet Yellen acknowledged to the Financial Services Committee on Wednesday during her Semi-Annual Monetary Policy Report to Congress, echoing points made by Chairman Jeb Hensarling (R-TX) during his opening statement that Americans have suffered through eight years of subpar growth and stagnant paychecks. “I believe the last eight years have shown that no amount of monetary ...

Subcommittee Assesses U.S.-EU Covered Agreement

Members of the Financial Services Housing and Insurance Subcommittee met on Thursday to discuss and hear expert testimony on the recently announced “covered agreement” reached between the United States and the European Union on insurance and reinsurance. “I believe this committee should seriously consider improvements to international insurance negotiations more generally to enhance the role of state insurance regulators,” said Subcommittee Chairman Sean Duffy (R-WI). Key Takeaways from the Hear...

Hensarling: Failed Regulatory State, Obamacare, Dodd-Frank Are Fiscal Policy Headwinds

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to receive the Monetary Policy and State of the Economy report from Federal Reserve Chair Janet Yellen: After eight years of the largest monetary policy stimulus in our history and the most unconventional monetary policy in our history, Americans recently received disappointing economic news yet again. It is official: the economy grew at a measly 1.6 percent in ...