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Hensarling Remarks at U.S. Treasury Hearing

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Treasury Secretary Steven Mnuchin on the State of the International Financial System: This morning the Committee welcomes Treasury Secretary Steven Mnuchin for his testimony on the State of the International Financial System. As we all know, it is a system that rests heavily upon our U.S. financial system and that system clearly needs improvement. Fortunate...

Full Committee Approves Bipartisan Bills

The House Financial Services Committee met on Tuesday to approve four bipartisan bills, including legislation aimed at creating a healthier economy and making the World Bank more accountable. “I thank all members of the committee on both sides of the aisle for working to bring these bills forward for action,” said Chairman Jeb Hensarling (R-TX). The Committee passed the following measures: H.R. 2864, the “Improving Access to Capital Act” Sponsors: Reps. Kyrsten Sinema (D-AZ) and Trey Hollingswor...

Hensarling Commends Committee Members for Bipartisan Work

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee meeting to consider proposed legislation: The committee meets today to consider five pieces of legislation, nearly all of which have earned bipartisan support and are largely aimed at creating a healthier economy for hardworking Americans. I thank all members of the committee on both sides of the aisle for working to bring these bills forward for action. Let me briefl...

Chairman Hensarling Reacts to Ranking Member's Comment That 'Too Many Folks' Believe Community Banks Need Regulatory Relief

House Financial Services Committee Chairman Jeb Hensarling (R-TX) reacted to comments made on Tuesday by the committee’s ranking member, Rep. Maxine Waters (D-CA), that overregulation of community banks is a myth “that too many folks have bought into”: “Some Democrats may deride small towns as ‘flyover country,’ but in many places community banks are the only available option for hardworking Americans in need of a loan, a mortgage or other banking services. They make a disproportionate share of ...