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  • CFPB Director Questioned on Bureau Actions That Harm Consumers
    Mar 16, 2016 - WASHINGTON – The CFPB – a uniquely unaccountable government bureaucracy – is harming consumers and abusing and exceeding its already immense powers, members of the House Financial Services Committee told the Bureau’s director during a hearing today. The Dodd-Frank Act granted the Bureau broad power... More
  • Hensarling Opening Statement at CFPB Hearing
    Mar 16, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Director Richard Cordray of the Bureau of Consumer Financial Protection: Not that we need a reminder, but if there’s one thing the presidential ca... More
  • Hensarling: Committee Will Replace Obama Financial Control Law with “Bold and Better” Alternative
    Mar 15, 2016 - WASHINGTON – Below are excerpts from the prepared remarks Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver Tuesday about the committee’s plan to offer a pro-growth, pro-consumer alternative to the Dodd-Frank Act’s “regulatory waterboarding” that is harming the economy and co... More
  • Hensarling Remarks at American Bankers Association Summit
    Mar 15, 2016 - EMBARGOED UNTIL DELIVERY WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver the following remarks at the American Bankers Association Summit this morning. The remarks are embargoed until delivery, approximately 10:25 A.M.: I appreciate that welcome. I really do. D... More
  • Chairman Hensarling Speaks on Pro-Growth, Pro-Consumer Alternative to Dodd-Frank Regulatory Burden
    Mar 14, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver remarks at the American Bankers Association’s Government Relations Summit on Tuesday, March 15 at approximately 10:25 a.m. The Chairman will discuss the committee’s plan to offer a pro-growth, pro-consumer alterna... More
  • Hensarling on Fannie Mae and Freddie Mac's $180 Million Transfer to the Housing Trust Fund
    Mar 14, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement regarding Fannie Mae and Freddie Mac’s recent transfer of over $180 million to the Housing Trust Fund. "In taking this action, Director Watt has made a grave mistake that harms hardworking taxpayers ... More
  • Media Advisory: Committee Hearing Schedule for the Week of March 14
    Mar 11, 2016 - WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of March 14: Wednesday, March 16 at 10:00 A.M. – The Financial Services Committee will hold a hearing to examine the organization, management and actions of the Bure... More
  • Cordray to Appear at Financial Services Committee Hearing Next Week
    Mar 9, 2016 - WASHINGTON - CFPB Director Richard Cordray will appear before the House Financial Services Committee next week to report on the Bureau’s activities and face questions from lawmakers about the harm those activities cause consumers. “The CFPB undoubtedly remains the single most powerful and least acc... More
  • Hensarling: ‘Hyper-Regulated’ Obama Economy Hurting Consumers
    Mar 7, 2016 - WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about President Obama’s meeting with financial regulators to discuss implementation of more Washington regulations: "Instead of huddling at the White House, Washington regulators should be... More
  • Week in Review
    Mar 4, 2016 - Committee Passes Bills Supporting Main Street Growth and Economic Freedom The Financial Services Committee approved 10 bills on Wednesday that are “designed to help grow our economy and provide hardworking Americans with greater economic freedom,” said Chairman Jeb Hensarling (R-TX) in his opening s... More