Press Releases

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  • Media Advisory: Committee Hearing Schedule for the Week of June 6
    Jun 3, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of June 6: Tuesday, June 7 at 8:00 A.M. - House Financial Services Committee Chairman Jeb Hensarling (R-TX) will unveil details about the Republican plan to replace the Dodd... More
  • Hensarling: For Struggling Americans, the Struggle Just Got Harder
    Jun 2, 2016 - WASHINGTON – House Financial Services Committee Jeb Hensarling (R-TX) released the following statement today about the CFPB’s controversial proposed rule to govern small dollar lending: “Just days after the Federal Reserve reported that almost half of American families say they would struggle to pay... More
  • Media Advisory: Hensarling to Unveil Details on Plan to Replace Dodd-Frank on June 7
    May 31, 2016 - NEW YORK – House Financial Services Committee Chairman Jeb Hensarling (R-TX) will unveil details about the Republican plan to replace the Dodd-Frank Act and promote economic growth during a speech to the Economic Club of New York on Tuesday, June 7. The event is open to the press. The speech will be... More
  • WEEK IN REVIEW
    May 27, 2016 - Task Force Evaluates Federal Commitment to Combat Terror Financing The Task Force to Investigate Terror Financing called two Treasury Department officials to testify at a hearing on Tuesday. Members of the Task Force agreed coordination among government agencies is necessary to combat terror financi... More
  • Task Force Examines Federal Efforts to Combat Terror Financing
    May 24, 2016 - WASHINGTON – The Financial Services Task Force to Investigate Terror Financing held a hearing today to explore how the Treasury Department works with relevant agency and law enforcement officials to coordinate the federal government’s efforts to combat all forms of illicit finance. Today’s hearing, ... More
  • House Passes Bipartisan Small Business Regulatory Relief Bills
    May 23, 2016 - WASHINGTON – The House on Monday passed two bipartisan bills designed to lessen regulatory burdens on small businesses. “I believe most of us would agree that our economy works better for all Americans when small businesses can focus on creating jobs rather than navigating bureaucratic red tape,” sa... More
  • WEEK IN REVIEW
    May 20, 2016 - Examining the CFPB’s Newest Rule to Hurt Consumers It would be difficult to find a consumer willing to pay more and wait longer only to receive a worse result. But that’s what passes for consumer protection at the CFPB with its proposed rule to outlaw arbitration. On Wednesday, the Subcommittee on F... More
  • Media Advisory: Committee Hearing Schedule for the Week of May 23
    May 20, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of May 23: Tuesday, May 24 at 10:00 A.M. – The Task Force to Investigate Terrorism Financing will hold a hearing – entitled “Stopping Terror Finance: A Coordinated Governmen... More
  • Administration Picked Liberal Activist Groups Over Victims in Bank Settlements
    May 19, 2016 - WASHINGTON - The Financial Services Oversight and Investigations Subcommittee held a hearing today to determine whether the funneling of settlement funds to third party groups as part of the Obama Administration’s settlement agreements with banks subverted congressional appropriations powers. “Since... More
  • More Lawsuits, Higher Costs, Rewarding Trial Lawyers
    May 18, 2016 - WASHINGTON – A proposed regulation requiring financial companies to scrap arbitration contracts will lead to higher costs for consumers and less access to credit and new products, witnesses told members of the Subcommittee on Financial Institutions and Consumer Credit on Wednesday. The rule proposed... More