News List

  • ICYMI: Trump’s Heartless Fee Hike? Not Quite.
    Jan 24, 2017 - Obama’s last minute FHA move put “taxpayers and home buyers” at risk “The new administration was perfectly justified in undoing it” “The proposed reduction had not taken effect, so no borrower is hurt” By Editorial Board One of the Obama administration’s final actions was to slash the fee that mortg... More
  • CFPB Director Failed to Heed Attorney Advice on Auto Lending Rule, Likely Violated Federal Law
    Jan 18, 2017 - Consumer Financial Protection Bureau (CFPB) Director Richard Cordray may have violated federal law that governs agency rulemaking procedures, according to an investigative report released today by Republican members of the House Financial Services Committee. The report, based on internal CFPB docume... More
  • Flood Insurance Program Takes Another $1.6 Billion From Taxpayers
    Jan 17, 2017 - WASHINGTON -- House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding news that the National Flood Insurance Program (NFIP) will borrow another $1.6 billion from hardworking American taxpayers: “The National Flood Insurance Program is poorly d... More
  • Hensarling: SEC Chair’s Criticism of Accountability Measures “Disappointing”
    Jan 17, 2017 - p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px 'Times New Roman'; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Securities and Exchange Commission Chair Mary Jo Wh... More
  • WEEK IN REVIEW
    Jan 13, 2017 - House Floor Action Focused on Committee Bills The 115th Congress is picking up right where the 114th left off: passing bipartisan Financial Services Committee bills to help grow America’s Main Street economy and make Washington accountable. During the 114th Congress, 69 percent of the bills reported... More
  • Hensarling Discusses Financial CHOICE Act with Hugh Hewitt and Brian Kilmeade
    Jan 13, 2017 - p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 49.8px Arial; color: #253f60; -webkit-text-stroke: #253f60} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 27.0px Arial; -webkit-text-stroke: #000000} p.p3 {margin: 0.0px 0.0px 0.0px 40.0px; text-indent: -40.0px; font: 27.0px Arial; -webkit-text-stroke: #0... More
  • Hensarling Statement on Fed/Treasury Secret Plan to Prioritize Debt Payments
    Jan 13, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on Friday concerning reports that the Federal Reserve and the Obama Administration had secretly formulated a plan to prioritize debt payments in case the nation’s borrowing authority was not raised: “The... More
  • House Acts to Require Benefits of SEC Regulations Justify Costs
    Jan 12, 2017 - The House approved bipartisan legislation on Thursday to ensure that the benefits of proposed regulations from the Securities and Exchange Commission (SEC) justify the costs to jobs, economic growth, and capital formation. The SEC Regulatory Accountability Act, sponsored by Financial Services Commit... More
  • House Passes Bipartisan Bill to Support Job Growth
    Jan 10, 2017 - Startup companies will find it easier to attract investments that allow them and other small businesses to grow and create jobs under the Helping Angels Lead Our Startups Act (HALOS Act). The HALOS Act – which passed the House with bipartisan support Tuesday 344-73– defines an “angel investor group”... More
  • Hensarling: Obama 'Parting Gift' Puts Taxpayers at Risk of Another FHA Bailout
    Jan 9, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding HUD Secretary Julian Castro’s announcement to lower Federal Housing Administration (FHA) mortgage insurance premiums: “It seems the Obama administration’s parting gift to hardworking taxpayers ... More