Financial Services Committee

Hensarling Statement on Court Finding Bureau of Consumer Financial Protection Unconstitutional June 21, 2018 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s federal court ruling that the structure of the Bureau of Consumer Financial Protection (Bureau) is unconstitutional: Today is a good day for democracy, economic freedom, due process, ...More

Committee Advances Three Bills June 21, 2018 - This week, the Financial Services Committee approved three bills aimed at improving capital markets and increasing opportunities for Main Street investors. “If we want to truly sustain long-term 3% economic growth then we must find ways to reduce regulatory burdens on our capital markets, which are ...More

Hensarling Applauds Supreme Court Ruling on SEC Administrative Law Judges June 21, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today applauding a Supreme Court ruling which found that the Securities and Exchange Commission’s (SEC) use of in-house administrative law judges (ALJs) unconstitutional. “Today’s ruling is a victory for...More

Chairman Hensarling Delivers Opening Statement at Hearing with SEC Chairman Jay Clayton June 21, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton: I think we all know that the SEC has a well-established three part mission, to include investor ...More

Combatting the Illicit Use of Virtual Currencies June 20, 2018 - The Subcommittee on Terrorism and Illicit Finance met today to examine the problems law enforcement agencies encounter in their efforts to address the illicit funding potential of virtual currencies (VCs). “Today’s hearing was an excellent opportunity to learn more about the illicit use of virtual c...More

Chairman Hensarling Delivers Opening Statement at Hearing on Economy, Anniversary of Tax Reform June 20, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine how tax reform and regulatory relief are empowering the economy: Tomorrow marks the six month anniversary of the Tax Cuts & Jobs Act, and throughout the ...More

Hensarling Applauds Kraninger Nomination June 18, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement supporting the nomination of Kathy Kraninger to head the Bureau of Consumer Financial Protection (Bureau). “The Bureau has an important mission to enforce consumer protection laws, and properly designed ...More

Hensarling on Nomination of Dino Falaschetti to Serve as Director of OFR June 18, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following announcement today congratulating long-time aide and Chief Economist for the Committee, Dr. Dino Falaschetti, on his nomination to serve as Director of the Office of Financial Research (OFR). “As is the case with ...More

House Passes Bill to Expand Housing Options for Individuals Recovering From Opioid Addiction June 14, 2018 - On Thursday, the House passed H.R. 5735, the Transitional Housing for Recovery in Viable Environments Demonstration Program Act of 2018, or the THRIVE Act by a vote of 230-173. The opioid crisis strikes the hearts of communities around the nation. By using federal resources more efficiently and effe...More

Committee Advances Four Bills June 14, 2018 - This week, the Financial Services Committee approved four bills, bringing the total number of bills reported out of the Committee this Congress to 112. “Today, the Committee is meeting to consider another important series of measures. These are designed to deal with market stability and security to ...More

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