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    Apr 7, 2017 - Unconstitutional CFPB ‘Asleep at the Wheel’ on Wells Fargo Republican members of the committee made the case at a hearing on Wednesday that the Consumer Financial Protection Bureau (CFPB) has harmed consumers, violated due process, failed to comply with congressional subpoenas, and was negligent in ... More
  • House Passes the Supporting America’s Innovators Act
    Apr 6, 2017 - Bipartisan legislation aimed at boosting private investments in small businesses and startup companies passed the House 417-3 today. The Supporting America’s Innovators Act updates a nearly 80-year old regulatory requirement that requires certain venture capital funds to register with the Securities... More
  • Lack of Clarity and Due Process From Agencies Hinder Firms’ Ability to Operate
    Apr 6, 2017 - The Financial Institutions and Consumer Credit Subcommittee held a hearing on Thursday on the need to increase transparency in the financial regulatory system and examined opportunities for reform. “Financial companies are standing on regulatory quicksand, having to constantly shift in an effort to ... More
  • Hensarling: For all the harm inflicted upon consumers, Richard Cordray should be dismissed by the President
    Apr 5, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at a hearing with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray: Today we receive the testimony of Mr. Richard Cordray as he presents again the semi-annual report of the... More
  • American Households Should Demand a More Reliable Governance Structure for the Fed
    Apr 4, 2017 - The Monetary Policy and Trade Subcommittee held a hearing on Tuesday to examine the impact the Federal Reserve’s mandate and governance structure are having on the economy. “Unsustainable spending of other peoples’ money, coupled with the most interventionist of monetary policies, left us with a per... More
  • Hensarling Statement on Boeing Announcement of New Sales to Iran
    Apr 4, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to news that Boeing has agreed to sell 60 of its jets to an Iranian airline for $6 billion. “Boeing’s deal with the Islamic Republic of Iran, whose airlifts to the Assad regime have be... More
  • House Approves the Encouraging Employee Ownership Act
    Apr 4, 2017 - The House passed bipartisan legislation on Tuesday that would make it easier for businesses to offer employees an ownership stake in the companies where they work. The bill, the Encouraging Employee Ownership Act of 2017, drew strong support from Republicans and Democrats and was approved by a vote ... More
  • Joint Subcommittee Hearing Examines Iran Sanctions
    Apr 4, 2017 - The Monetary Policy and Trade Subcommittee and the Terrorism and Illicit Finance Subcommittee held a joint hearing Tuesday to examine the effectiveness of non-nuclear U.S. sanctions on the Islamic Republic of Iran. The subcommittees heard from several witnesses about whether new designations or sanc... More
  • Chairman Hensarling Joins HUD Secretary Carson at Jubilee Park & Community Center
    Mar 31, 2017 - DALLAS, Texas— Today, Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, joined Housing and Urban Development Secretary Dr. Ben Carson at Jubilee Park and Community Center during the Secretary’s multi-city listening tour of communities and HUD offices. Today’s to... More
  • Media Advisory: Committee Schedule for the Week of April 3
    Mar 31, 2017 - The Financial Services Committee will have four hearings and two bills up for debate on the House floor next week. Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of April 3: Tuesday, April 4 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a ... More