News List

  • House Approves Bill to Help Small Businesses Grow Economy
    Sep 8, 2016 - WASHINGTON -- The House on Thursday passed the Accelerating Access to Capital Act, a package of three bills that will help small businesses access the capital they need to grow the economy and create jobs. The U.S. economy grew an average of 3.7 percent during other recoveries since 1960, but growth... More
  • Fed Officials Warn Against Changes to Politicize Monetary Policy
    Sep 7, 2016 - WASHINGTON – Witnesses appearing before the Subcommittee on Monetary Policy and Trade at a hearing on Wednesday warned that reforms to the Federal Reserve System sought by liberals would politicize monetary policy deliberations and threaten the Fed’s independence in the conduct of monetary policy. “... More
  • Hensarling Urges Congress to Stop Obama Administration Slush Funds
    Sep 7, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement on the House floor today in support of H.R. 5063, the Stop Settlement Slush Funds Act: Mr. Chairman, our Constitution is under assault, so I rise today in support of H.R. 5063, the Stop Settleme... More
  • Ransom?
    Sep 6, 2016 - $400 million in cash stacked on wooden pallets carried in secret by an unmarked cargo plane on the same day four American prisoners were released from Iran. That’s what Chairman Sean Duffy and the Financial Services Oversight Subcommittee will be examining this Thursday, along with the impact of su... More
  • Media Advisory: Committee Hearing Schedule for the Week of September 5
    Sep 2, 2016 - WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of Sept. 5: Wednesday, Sept. 7 at 10:00 a.m. -- The Subcommittee on Monetary Policy and Trade will hold a hearing to examine the governance of Federal Reserve Banks and how... More
  • House to Consider Bills to Expand Access to Capital for Small Businesses
    Sep 1, 2016 - WASHINGTON -- The House next week is scheduled to debate two bills approved by the Financial Services Committee that will reduce regulatory burdens so small businesses can better access capital and create jobs. “It’s unacceptable that our economy is barely growing. If we want to ignite strong and la... More
  • More Evidence Destroying the White House’s Spin on Dodd-Frank
    Aug 19, 2016 - Just last week the White House was claiming that the crushing regulatory burden of the Dodd-Frank Act wasn’t harming community banks – not one bit. Community bankers, credit union leaders and small business owners told us that’s absolutely not true. Today’s report from Bloomberg (Headline: Bank Mer... More
  • Hensarling Statement on State Department Admission That Payment to Iran Was Contingent on Release of Hostages
    Aug 18, 2016 - Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on Thursday after the State Department admitted that the United States would not hand over $400 million in cash to Iran until it released four American hostages: “There’s a word for that. It’s called ransom.... More
  • Dear White House: Here's What Community Banks and Credit Unions Are Saying About Dodd-Frank
    Aug 10, 2016 - Like Captain Renault, Americans are shocked – SHOCKED – that a report by the White House says a law supported by the White House doesn’t hurt community banks, no matter what. Well, over the last few years Republicans on the House Financial Services Committee have asked community bankers, credit uni... More
  • Down Payment Assistance Funding Scheme Violates Law, Forces Borrowers to Accept Higher Interest Rate Mortgage
    Aug 8, 2016 - WASHINGTON – The Federal Housing Administration (FHA) is steering borrowers toward a down payment assistance program with a funding scheme that violates federal law, forces borrowers to accept a higher interest rate, and poses a risk to the FHA’s insurance fund, according to the Inspector General of... More