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  • Unconstitutional CFPB comes under strong criticism for proposal to keep consumers “in the dark,” violate free speech rights
    Oct 28, 2016 - "Legal experts warned the Consumer Financial Protection Bureau that its proposal to force companies under investigation to keep quiet about the probe might violate free speech rights." -The Wall Street Journal, 10/28/2016 "The proposed rule would keep investors, shareholders and the public in the d... More
  • ICYMI: Hensarling Addresses Wells-Fargo on CNBC
    Sep 22, 2016 - “What appears to be obvious is that two million Americans just got ripped off by their bank and they got let down by their government. And so I’m not sure that Mr. Stumpf had all the answers. We’re giving him now, he’s got over a full week to prepare, to go back, to do his homework…We have demanded... More
  • ICYMI: Hensarling Discusses Wells-Fargo
    Sep 20, 2016 - “We are going to get to the bottom of this, because potentially millions of customers have been ripped off by Wells-Fargo and they’ve also, in many respects, been ripped off by their government… How does this go on so long? Why does it take the L.A. Times to break this story, when we’re paying fede... More
  • Support Builds for the Financial CHOICE Act
    Sep 9, 2016 - WASHINGTON – On Tuesday, Financial Services Committee Chairman unveiled the details of the Financial CHOICE Act – the Republican plan to replace the Dodd-Frank Act and promote economic growth. Support for the plan has been as overwhelming as the job-crushing regulations the bill will repeal. Here is... More
  • ICYMI: A Bank Too Big to Jail
    Jul 18, 2016 - Have you ever wondered why the crippling 2008 financial crisis generated almost no criminal prosecutions of large banks and their top executives? Then take a moment to read the congressional report issued on July 11 titled “Too Big to Jail.” Citing internal documents that the United States Treasury... More
  • ICYMI: The Perfect Antidote to Dodd-Frank
    Jul 6, 2016 - By Alex J. Pollack To overhaul the Dodd-Frank Act, here is a radical and really good idea from House Financial Services Committee Chairman Jeb Hensarling. The Financial CHOICE Act, Hensarling's bill, says to U.S. banks: "Don't like the endless additional regulation imposed on you by the bloated Dodd... More
  • ICYMI: Fixing What's Wrong With Dodd-Frank — And That's A Lot
    Jun 20, 2016 - Investor's Business Daily The Republicans will soon put forth a plan to do away with the worst parts of the economy-smothering Dodd-Frank reforms. It's a welcome step toward restoring sanity to our financial markets. The Dodd-Frank Act was floated to the public on a raft of promises. It would end t... More
  • ICYMI: Jeb Hensarling: How we can hold Wall Street accountable
    Jun 17, 2016 - By: Jeb Hensarling Nearly seven years after the Great Recession ended, the economy still isn’t working for millions of working Americans. Their paychecks remain stagnant; their savings have declined. They cannot get ahead and fear for the future of their families. One of the principle reasons for t... More
  • ICYMI: Hensarling's Dodd-Frank overhaul draws skepticism from some banks
    Jun 7, 2016 - By Zachary Warmbrodt House Financial Services Committee Chairman Jeb Hensarling’s proposal to replace the Dodd-Frank law is drawing cheers from small lenders who stand to gain from the plan, but the broader banking industry is signaling skepticism. Hensarling (R-Texas) traveled to New York on Tuesd... More
  • ICYMI: Hensarling to Unveil Republican Pro-Growth Alternative to Dodd-Frank
    Jun 2, 2016 - OPINION: Rep. Jeb Hensarling: an economic disciple of Founding Fathers “Rep. Jeb Hensarling, Texas Republican and chairman of the House Financial Services Committee, is an economic disciple of the Founding Fathers… At a time when traditional Republican Party principles are honored more in the breac... More