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  • House Voting to Prevent Sale and Export of U.S. Aircraft to Iran
    Nov 10, 2016 - WASHINGTON -- The House next week is scheduled to consider a package of bills designed to prevent the sale of commercial aircraft to Iran, labeled by the U.S. State Department as the world’s leading state sponsor of terrorism. “These bills are part of a bipartisan effort to ensure that Iran does not... More
  • Hensarling: Court Ruling Means Executive Orders Now Apply to CFPB
    Oct 19, 2016 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) notified CFPB Director Richard Cordray in a letter today that a recent federal court ruling means the Bureau must now follow executive orders requiring agencies to ensure the benefits of their proposed regulations outweigh the costs. ... More
  • Media Buzz: Unconstitutional
    Oct 13, 2016 - Conservatives win big in landmark ruling against Consumer Finance Protection Bureau “An appellate court today called the Consumer Financial Protection Bureau constitutionally flawed … boosting congressional efforts to rein in the powerful agency” “The opinion is a blow for an agency already on its ... More
  • Hensarling Statement on CFPB's Unconstitutional Structure
    Oct 11, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s federal court ruling that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional: “This is a good day for democracy, economic freedom, due process and th... More
  • Subcommittee to Hold Hearing on Impact Regulation Has on Short-Term Financing
    Sep 30, 2016 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that the Subcommittee on Capital Markets and Government Sponsored Enterprises intends to hold a hearing before the end of the year to examine how federal regulation is impacting short-term funding markets.... More
  • WEEK IN REVIEW
    Sep 30, 2016 - Fraud is Fraud and Theft is Theft The Committee heard testimony from Wells Fargo Chairman and CEO John Stumpf on Thursday regarding the fraud perpetrated when bank employees opened accounts without customers’ permission. “While the fine Wells Fargo will pay – roughly 3 percent of the bank’s second q... More
  • Hensarling Statement on Obama's Secret Agreement to Lift Sanctions on Iranian Banks
    Sep 30, 2016 - WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on reports of the Obama Administration’s secret agreement to lift international sanctions on Iranian banks: “Every week brings more troubling revelations of secret deals between the Obama Adminis... More
  • Hensarling Opening Statement at Wells Fargo Hearing
    Sep 29, 2016 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following open remarks at today’s hearing examining the opening of unauthorized customer accounts at Wells Fargo. Wells Fargo Chairman and CEO John Stumpf testified at the hearing: We are here today because millions of Americ... More
  • Hensarling Opening Statement at Federal Reserve Oversight Hearing
    Sep 28, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Federal Reserve Chair Janet Yellen on the Semi-Annual Testimony on the Federal Reserve’s Supervision and Regulation of the Financial System: As we... More
  • Housing Subcommittee Discusses Potential Covered Agreement with the EU
    Sep 28, 2016 - WASHINGTON – Today, the Housing and Insurance subcommittee held a hearing to examine international factors affecting domestic insurance markets. Subcommittee members questioned hearing witnesses on the various international regulatory standards being considered by the G-20, the Financial Stability B... More