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Chairman Hensarling Announces Upcoming Committee Schedule
May 31, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of June. The committee’s schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, each meeting will become fin...
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Chairman Hensarling Opposes Obama Administration Decision to Extend Failed HAMP
May 30, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) expressed his strong opposition to President Obama’s decision to extend the Home Affordable Modification Program (HAMP), a failed and costly program that has been shown to actually hurt struggling homeowners. “This decision solidifies the ...
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Hearing Examines Legislative Proposals to Help Relieve Regulatory Burden on Investors & Job Creators
May 23, 2013
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Today the House Financial Services Capital Markets Subcommittee examined legislative proposals to help relieve the federal regulatory burden on investors and job creators. The Dodd-Frank Act passed in 2010 adds more than 400 new regulations -- on top of existing regulations -- to our economy, invest...
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Chairman Hensarling Opening Statement at Today's Hearing with Treasury Secretary Lew
May 22, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing with Treasury Secretary Jacob "Jack" Lew: “This morning we welcome Treasury Secretary Jack Lew for his first appearance before the Financial Services Committee. Tod...
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Chairman Hensarling Announces New Subcommittee Assignments for Two Members
May 22, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Rep. Ross was appointed to fill the vacancy on the Housing and Insurance Subcommittee created when Rep....
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Oversight & Investigations Subcommittee Hearing Examines "Too Big to Jail"
May 22, 2013
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Members of the House Financial Services Oversight and Investigations Subcommittee today questioned a witness from the Department of Justice about how the department decides which financial institutions are “too big to jail” and what information they rely upon to make such decisions. When Attorney G...
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Hearing Shows CFPB's QM Rule Limits Access to Credit
May 21, 2013
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Members of the Financial Institutions and Consumer Credit Subcommittee expressed concerns at a hearing today that the Qualified Mortgage rule mandated by the Dodd-Frank Act will reduce access to credit that qualified borrowers need to buy homes. Banks and credit unions have already pulled back on ex...
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Dodd-Frank’s ‘Conflict Minerals’ Provision Has Failed to Reduce Violence, Made Matters Worse for Congo
May 21, 2013
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A provision buried deep within the 2,300-page Dodd-Frank Act is hurting the very people it was supposed to help in the war-torn central African nation of the Congo, according to expert witnesses who testified today before the Monetary Policy and Trade Subcommittee. The provision, which was added to...
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Chairman Hensarling Floor Remarks on H.R. 1062, the SEC Regulatory Accountability Act
May 17, 2013
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House Financial Services Committee Chairman Jeb Hensalring (R-TX) delivered the following statement on the House floor today in support of H.R. 1062, the SEC Regulatory Accountability Act: “I rise today to urge the adoption of H.R. 1062. This is a bill that technically is about something called ‘co...
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Hensarling: IRS Scandal Raises Concerns About “Tactics of Harassment” within the Administration
May 16, 2013
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At an oversight hearing on the Securities and Exchange Commission (SEC) today, Financial Services Committee Chairman Jeb Hensarling (R-TX) said the IRS scandal causes Americans to wonder “just how pervasive the IRS’s tactics of harassment” are within the administration and whether a proposal before...
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