Off Air Stay Tuned!

Before You Leave The Swamp...

By James Freeman Aug. 4, 2017 Republican staff of the House Financial Services Committee have completed a legal analysis concluding there is sufficient basis for Congress to initiate contempt proceedings against Consumer Financial Protection Bureau Director Richard Cordray. The staff report, which may be released as soon as this afternoon, describes how Mr. Cordray has defied a committee subpoena for documents related to his effort to ban arbitration agreements. The arbitration ban itself was a ...

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...