Chairman Jeb Hensarling

News List

  • The Six Biggest Inaccuracies in the July 10 Bloomberg Businessweek Article Regarding the CFPB’s Building Renovations
    Jul 15, 2014 - Inaccuracy #1: “When the U.S. Consumer Financial Protection Bureau opened in 2011, the best available government office space large enough to accommodate its thousand-plus employees was a run-down concrete building on G Street near the White House that once housed the now-defunct Office of Thrift Su... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 14, 2014 - Americans are increasingly alarmed about Russia’s nationalism and military aggression (just look at this week’s Pew Research poll), but the Export-Import Bank doesn’t seem to care. In fact, Ex-Im’s financing of Russian projects jumped 177% during Fiscal Year 2013 to a record $580 million. (Ex-Im Ban... More
  • ICYMI - Boeing Will Survive an Ex-Im Defeat
    Jul 14, 2014 - July 13, 2014 Editorial Supporters say that killing the government Export-Import Bank would result in "unilateral disarmament" and a painful fall in U.S. exports. But consider the recent conclusions of the financial analysts at Standard & Poor's. S&P examined what would happen to Ex-Im's biggest cl... More
  • Egregious Ex-Im Bank Deal of the Day
    Jul 11, 2014 - Hardworking American taxpayers, who are paying more for gas (“Gasoline prices at six-year high – AAA”) and “more for almost everything this year” (CNBC), might be wondering why President Obama refuses to approve the Keystone Pipeline but is using their tax dollars to finance foreign corporate welfa... More
  • FSC Majority | Week in Review
    Jul 11, 2014 - Committee Seeks Accountability and Transparency at the Federal Reserve On Thursday, the Financial Services Committee held a hearing to examine H.R. 5018, the Federal Reserve Accountability and Transparency Act. The proposal is the first piece of legislation to arise from the Committee’s Federal Rese... More
  • Subcommittees to Review Justice Department’s ‘Operation Choke Point’, Bills on Excessive Regulation and Terrorist Assets
    Jul 11, 2014 - Two House Financial Services subcommittees will hold hearings on Tuesday to examine the Department of Justice’s “Operation Choke Point” and to discuss proposals that reduce the excessive federal regulatory burden. On Thursday, a third subcommittee will hold a hearing on matters related to court judg... More
  • Financial Services Committee Continues Its Federal Reserve Centennial Oversight Project
    Jul 10, 2014 - CLICK HERE TO WATCH House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine H.R. 5018, the Federal Reserve Accountability and Transparency Act: When this Committee first embarked on the Federal Reserve ... More
  • 7/7/2014 Weekly Rundown
    Jul 7, 2014 - The House is in session Tuesday through Friday this week. On Thursday at 10:00 a.m. the full committee will hold a hearing on legislation to reform the Federal Reserve on its 100-year anniversary. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for addition... More
  • Inspector General Reports CFPB Renovation Costs Now Exceed $215 Million - $120 Million More Than Previous Estimate
    Jul 2, 2014 - CLICK HERE TO VIEW THE REPORT The cost of renovating the CFPB’s rented headquarters has spiraled to more than $215 million – $65 million more than the agency’s estimate just six months ago and $120 million more than last year’s estimate, according to the Federal Reserve’s Inspector General. It also... More
  • 5 Things to Know About the Export-Import Bank
    Jul 1, 2014 - 1. The Ex-Im Bank doesn’t create jobs. Government export finance assistance programs like Ex-Im “largely shift production among sectors within the economy rather than raise the overall level of employment in the economy.” - Government Accountability Office, “Export-Import Bank: Key Factors in Consid... More