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  • Fed Policy Could be Weakening Economy, Witnesses Tell Subcommittee
    May 17, 2016 - WASHINGTON – By paying Federal Reserve member banks above-market interest on reserves, the Fed may be distorting investment decisions and weakening the economy’s performance, several witnesses told the Monetary Policy and Trade Subcommittee at a hearing on Tuesday. “Almost seven years old, the Fed’s... More
  • WEEK IN REVIEW
    May 13, 2016 - 50 Years after the Creation of HUD: Comparing the U.S. and U.K. Housing Models On Thursday, the Housing and Insurance Subcommittee held a hearing to compare the housing models of the United States and the United Kingdom. The hearing was part of a series undertaken by the subcommittee to assess affor... More
  • Media Advisory: Committee Hearing Schedule for the Week of May 13
    May 13, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of May 16: Tuesday, May 17 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Interest on Reserves and the Fed’s Balance Sheet.” The he... More
  • Hensarling: 'Help Is on the Way'
    May 12, 2016 - WASHINGTON –Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following remarks Thursday at the National Center for Policy Analysis (NCPA) about the committee’s plan to offer reforms to a pro-growth, pro-consumer alternative to the Dodd-Frank Act’s that is harming the economy... More
  • Subcommittee Examines U.S. and U.K. Models for Affordable Housing
    May 12, 2016 - WASHINGTON – The Financial Services Subcommittee on Housing and Insurance held a hearing on Thursday entitled “The Future of Housing in America: A Comparison of the United Kingdom and United States Models for Affordable Housing.” This hearing is part of a series undertaken by the subcommittee to as... More
  • Media Advisory: Committee Hearing Schedule for the Week of May 9
    May 6, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of May 9: Thursday, May 12 at 10:00 A.M. – The Housing and Insurance Subcommittee will hold a hearing entitled “The Future of Housing in America: A Comparison of the United... More
  • Hensarling: CFPB Rule Big, Wet Kiss to Trial Attorneys
    May 5, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement regarding an announcement by the CFPB that it plans to limit arbitration clauses in financial contracts: “Every day, Americans are seeing their liberties slip away as Washington inexorably g... More
  • VIDEO: "We will Protect the Retirement Security of All Americans"
    Apr 29, 2016 - Following House passage of a resolution to stop the Obama administration’s controversial “fiduciary” regulation that will restrict access to and raise the cost of financial planning for lower and middle income Americans, Rep. Ann Wagner (R-MO) delivered the following remarks: Hi, I’m Congresswoman ... More
  • WEEK IN REVIEW
    Apr 29, 2016 - House’s Week Focuses on Committee Bills The House of Representatives passed four bipartisan Financial Services Committee bills this week, marking another week of House activity that focused on the Committee’s work. Since the beginning of the 114th Congress in January 2015, the House has passed 60 Fi... More
  • House Acts to Stop Obama Administration Red Tape
    Apr 28, 2016 - WASHINGTON – The House today approved a resolution to stop the Obama administration’s controversial “fiduciary” regulation that will restrict access to and raise the cost of financial planning for lower and middle income Americans. “Millions of Americans turn to financial advisors to help them plan... More