Press Releases

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  • 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
  • Committee Passes Bills Supporting Main Street Growth and Economic Freedom
    Mar 2, 2016 - WASHINGTON – The Financial Services Committee today approved 10 bills designed to promote access to capital and help reduce regulatory burdens on Main Street small businesses. The committee also approved bipartisan legislation to expand flood insurance options for homeowners. “The members of this co... More
  • Chairman Hensarling: Bills on Today’s Agenda “Help Grow Our Economy and Provide Hardworking Americans With Greater Economic Freedom”
    Mar 2, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee markup of 10 bills to help grow the economy through regulatory relief and capital formation for our nation’s Main Street businesses: Last year was an active and a p... More
  • Task Force on Reducing Regulatory Burdens Releases Mission Statement
    Mar 1, 2016 - WASHINGTON– In advance of their first idea forum today, the chairs of the Task Force on Reducing Regulatory Burdens released their mission statement. This mission statement, laying out the goals of the task force, marks the next step in the development of a bold, pro-growth agenda that Republicans ... More
  • Helping the World Fight Terror Financing
    Mar 1, 2016 - WASHINGTON – Despite international regulations and oversight bodies that commit participating countries and institutions to combat money laundering and terror financing, no central coordinating body exists to help fulfill these commitments through training and technical assistance, witnesses told me... More
  • Committee Hearing Schedule for the Week of February 29
    Feb 26, 2016 - WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of February 29: Tuesday, March 1 at 2:00 P.M.- The Task Force to Investigate Terrorism Financing will hold a hearing on helping the developing world fight terror fin... More
  • Week In Review
    Feb 26, 2016 - Subcommittee Discusses International Insurance Standards On Thursday, the Subcommittee on Housing and Insurance held a hearing to discuss the impact of international regulatory standards on the competitiveness of U.S insurers. This is the second hearing the subcommittee has held on this topic durin... More
  • Subcommittee Seeks to Retain Oversight of International Insurance Regulation Deliberations
    Feb 25, 2016 - WASHINGTON – Today, the Subcommittee on Housing and Insurance held its second hearing of the 114th Congress to examine the impact of international regulatory standards on the competitiveness of U.S. insurers. For nearly 150 years, U.S. insurance companies of every kind — including property casualty,... More