News List

  • Week In Review
    Feb 12, 2016 - Fed Chair to Committee: Financial Conditions “Less Supportive of Growth” Federal Reserve Chair Janet Yellen on Wednesday told the Financial Services Committee that the nation’s central bank is studying the feasibility of pushing short-term interest rates into negative territory. “Financial conditio... More
  • Media Buzz: Obama Misled Congress, Public During Debt Limit Crises
    Feb 11, 2016 - House Committee: Treasury Played Politics in Debt Ceiling Debate "The U.S. Treasury for political purposes tried to suppress the existence of backup plans that would allow the government to continue making some payments in the event of a partial government shutdown, according to a newly published r... More
  • FHA “Still in a Precarious State”
    Feb 11, 2016 - WASHINGTON -- The Housing and Insurance Subcommittee continued its examination of the “Future of Housing in America” today, holding its sixth hearing of the 114th Congress on the topic. Today’s hearing focused on the fiscal health of the Federal Housing Administration (FHA), particularly its Mutual... More
  • Another Example of CFPB Harming, Not Protecting, Consumers
    Feb 11, 2016 - WASHINGTON – Today, the Financial Institutions and Consumer Credit Subcommittee held a hearing to examine the Consumer Financial Protection Bureau’s latest attempt to restrict consumer access to financial products and services. The Bureau is expected to soon propose a rule that will harm consumers ... More
  • Hensarling Opening Statement at Monetary Policy Hearing
    Feb 10, 2016 - WASHINGTON- 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: Last month we all heard President Obama attempt... More
  • ICYMI: Hensarling on CNBC Squawk Box
    Feb 10, 2016 - "When is monetary policy going to be more predictable, more method based, and less improvisational...We need to understand what is the direction of monetary policy going forward." </center> More
  • Nobel Prize Winning Economists and Economic Policy Leaders Announce Support for Federal Reserve Reform Passed by House
    Feb 10, 2016 - WASHINGTON -- A group of Nobel Prize winning economists and former senior economic policy officials announced their support for House-passed reforms that would make the Federal Reserve more accountable and transparent. The House approved the Fed Oversight Reform and Modernization Act (H.R. 3189, th... More
  • Hensarling Statement on Obama Budget
    Feb 9, 2016 - WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding President Obama's Fiscal Year 2017 budget submission: “Once again, the president submitted his budget after the statutory deadline and, once again, it wasn't worth the wait. The only si... More
  • Committee Hearing Schedule for Week of February 8
    Feb 5, 2016 - 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’... More
  • Week In Review
    Feb 5, 2016 - 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 ... More