Off Air Next: Hearing entitled “Unconventional Monetary Policy”

Hensarling Elected to Third Term as Financial Services Committee Chairman

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today after he was elected to a third term as chairman of the committee for the upcoming 115th Congress: “I am humbled by the support and trust of my colleagues to continue my service as chairman of the Financial Services Committee. In the coming Congress, we will continue our important work of helping to grow the economy for all Americans, not just those at the top. We will focus on ending ta...

Media Advisory: Committee Hearing Schedule for the Week of December 5

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of December 5: Wednesday, December 7 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Unconventional Monetary Policy.” Thursday, December 8 at 9:30 A.M. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing entitled “The Impact of Regulations on Short-Term Financing.” All committee acti...

WEEK IN REVIEW

Bipartisan Bill to Fix Dodd-Frank “Mistake” Passes the House The House passed bipartisan legislation on Thursday to better gauge and more accurately reflect the potential risks that financial institutions could pose to the economy. H.R. 6392, the Systemic Risk Designation Improvement Act, replaces an arbitrary threshold included in the Dodd-Frank Act that regulators are using to designate so-called systemically important financial institutions. The House voted to approve the bill with a biparti...

House Votes for Bipartisan Bill to Fix Dodd-Frank ‘Mistake’ on Gauging Risk

WASHINGTON – The House passed bipartisan legislation on Thursday to better gauge and more accurately reflect the potential risks that financial institutions could pose to the economy. The bill, the Systemic Risk Designation Improvement Act, replaces an arbitrary threshold included in the Dodd-Frank Act that regulators are using to designate so-called systemically important financial institutions. The House voted to approve the bill by a vote of 254-161. Barney Frank, the former congressman who i...