News List

  • Kustoff: Dodd-Frank Created Two Americas
    Apr 13, 2017 - For seven years now, the Dodd-Frank Act has stifled the American Dream — for half of the country. Let me explain. After the 2008 financial crisis, the economy was in dire straits. Washington responded with the Dodd-Frank Act, a sweeping overhaul of the American financial regulatory system, implement... More
  • Americans need protection from the Consumer Financial Protection Bureau
    Apr 12, 2017 - By Chairman Jeb Hensarling and Rep. Roger Williams Few Americans are familiar with the Consumer Financial Protection Bureau, but it is the most powerful and least accountable Washington bureaucracy in history and a perfect example of the political left’s dangerous belief that the ends always justif... More
  • Hill: CFPB must be reined in
    Apr 10, 2017 - By Congressman French Hill (R-AR) Washington, D.C.'s idea of government may have changed, but the American people's has not. This is a significant observation I have made since returning to Washington after living and working for 25 years in central Arkansas. In Washington, accountability has gone f... More
  • WEEK IN REVIEW
    Apr 7, 2017 - Unconstitutional CFPB ‘Asleep at the Wheel’ on Wells Fargo Republican members of the committee made the case at a hearing on Wednesday that the Consumer Financial Protection Bureau (CFPB) has harmed consumers, violated due process, failed to comply with congressional subpoenas, and was negligent in ... More
  • Politico Pro: CFPB was late to Wells Fargo probe, letters suggest
    Apr 6, 2017 - p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 18.7px Calibri; -webkit-text-stroke: #000000} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 14.7px Calibri; -webkit-text-stroke: #000000} p.p3 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px Calibri; -webkit-text-stroke: #000000} span.s1 {font-kerning: non... More
  • Unconstitutional CFPB ‘Asleep at the Wheel’ on Wells Fargo
    Apr 6, 2017 - Los Angeles Times – Republicans Attack Consumer Financial Watchdog as They Push For His Firing Part of the GOP attack focused on the Wells Fargo case as they argued the watchdog agency “was asleep at the wheel” in identifying that the bank was creating unauthorized accounts and only got involved aft... More
  • House Passes the Supporting America’s Innovators Act
    Apr 6, 2017 - Bipartisan legislation aimed at boosting private investments in small businesses and startup companies passed the House 417-3 today. The Supporting America’s Innovators Act updates a nearly 80-year old regulatory requirement that requires certain venture capital funds to register with the Securities... More
  • Lack of Clarity and Due Process From Agencies Hinder Firms’ Ability to Operate
    Apr 6, 2017 - The Financial Institutions and Consumer Credit Subcommittee held a hearing on Thursday on the need to increase transparency in the financial regulatory system and examined opportunities for reform. “Financial companies are standing on regulatory quicksand, having to constantly shift in an effort to ... More
  • Hensarling: For all the harm inflicted upon consumers, Richard Cordray should be dismissed by the President
    Apr 5, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at a hearing with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray: Today we receive the testimony of Mr. Richard Cordray as he presents again the semi-annual report of the... More
  • American Households Should Demand a More Reliable Governance Structure for the Fed
    Apr 4, 2017 - The Monetary Policy and Trade Subcommittee held a hearing on Tuesday to examine the impact the Federal Reserve’s mandate and governance structure are having on the economy. “Unsustainable spending of other peoples’ money, coupled with the most interventionist of monetary policies, left us with a per... More