Chairman Jeb Hensarling

News List

  • Question: What is the CFPB?
    Oct 2, 2014 - The CFPB and the game show Jeopardy! seem to have an interesting connection (see here and here). Although this week’s Jeopardy! contestants couldn’t name the agency, the unaccountable CFPB is certainly making a name for itself in all the wrong ways. Here are five more answers that probably ended up ... More
  • 'Endless Regulations'
    Sep 29, 2014 - President Obama recently voiced concerns about the negative impact of “endless regulations” in foreign countries. Millions of unemployed and underemployed Americans must be wondering why he isn’t as concerned about the economic harm caused by the “endless regulations” of his own administration here ... More
  • House Financial Services Provides #RegRelief
    Sep 26, 2014 - Currently, there are millions of Americans unemployed and underemployed in this struggling economy. And right now, job number one for the Financial Services Committee is job creation and economic growth. We have passed dozens of bipartisan, pro-jobs bills. OK, great. Now, they should pass through t... More
  • ICYMI: Unaccountable CFPB Under Fire For Not Protecting Massive Amounts of Consumer Data
    Sep 23, 2014 - GAO: CFPB Should Take Steps to Protect Consumer Data Collected From Banks “The data collection is the latest flash point between the three-year-old bureau and its critics, including Republican lawmakers, who say the agency is overstepping its authority. Republicans and business groups say the CFPB'... More
  • Hensarling: GAO Report Reveals Security, Privacy Weaknesses with CFPB’s Collection of Consumer Data
    Sep 22, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today released the following statement on the Government Accountability Office (GAO) report showing the CFPB is not taking adequate steps to protect the private financial data it is collecting on millions of Americans: “It literally took an... More
  • FSC Majority | Week in Review
    Sep 19, 2014 - Subcommittee Examines the Financial Stability Oversight Council ("FSOC") The Oversight and Investigations Subcommittee held a hearing on Wednesday to examine FSOC's operations, policies, and procedures. The subcommittee discussed the FSOC's failure to address recommendations from the Government Acco... More
  • House Passes Two More Bipartisan Jobs Bills From Financial Services Committee
    Sep 19, 2014 - Today, the House of Representatives passed H.R. 4, the Jobs for America Act, which contains two House Financial Services Committee regulatory relief bills. “With millions of our fellow Americans unemployed and underemployed in this struggling economy, job number one for the Financial Services Commit... More
  • House Set to Pass Two More Bipartisan Jobs Bills From Financial Services Committee
    Sep 18, 2014 - The House on Friday will consider H.R. 4, the Jobs for America Act, which contains two House Financial Services Committee regulatory relief bills that have received broad bipartisan support. “With millions of our fellow Americans unemployed and underemployed in this struggling economy, job number on... More
  • House Approves Bipartisan Financial Services Committee Bills to Grow the Economy and Create Jobs
    Sep 16, 2014 - The House of Representatives today passed two bipartisan job creation and regulatory relief bills from the Financial Services Committee. H.R. 5461, the Insurance Capital Standards Clarification Act of 2014, introduced by Rep. Andy Barr (R-KY), would amend the Dodd-Frank Act to give the Federal Reser... More
  • FSC Majority | Week in Review
    Sep 12, 2014 - Subcommittee Reviews the Credit Reporting System On Wednesday the Financial Institutions and Consumer Credit Subcommittee held a hearing to review the roles and responsibilities of consumer reporting agencies. "According to the FTC, nearly 20% of Americans have errors on their credit report. Further... More