Hensarling Statement Regarding SEC Staff Proxy Advisory Letter Withdrawals
September 13, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s action by the SEC’s Division of Investment Management to withdraw the 2004 letters issued by staff to Egan-Jones Proxy Services and Institutional Shareholder Services, Inc. This action comes...More

Committee Advances 12 Bills
September 13, 2018 - Today, the Financial Services Committee approved 12 important pieces of legislation to improve the lives of Americans and protect our financial institutions. “Today, we met to consider a dozen pieces of legislation to improve the lives of every day Americans. From ensuring our veterans are able to a...More

House Passes 2 Financial Services Bills
September 12, 2018 - The House of Representatives passed two bills from the Financial Services Committee this week. “I’m pleased to see these important measures pass the House today to bring greater accountability and transparency to the Federal Reserve and to move the Committee’s efforts to thwart terrorism forward by ...More

Examining Terrorist Groups and Their Means of Financing Illicit Activity
September 7, 2018 - The Subcommittee on Terrorism and Illicit Finance met today to examine the various methods used by major terror groups to generate and move funds to support their activities and organizations. As the threat of terrorism continually evolves, it is increasingly important to monitor terrorist threats a...More

Chairman Hensarling Delivers Opening Statement, Unveils Bipartisan GSE Reform Bill
September 6, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the 10th anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, the failed government-sponsored housing enterprises (GSEs). During his r...More

ICYMI: Fannie and Freddie, Make Way for Ginnie Mae
September 6, 2018 - September 6, 2018 This is a not-so-happy anniversary in American history. Ten years ago Thursday, the federal government took over Fannie Mae and Freddie Mac , the failed government-sponsored housing enterprises that were at the center of the last financial crisis. Leading up to the crisis, Fannie ...More

Examining the Future of Coins and Banknotes
September 5, 2018 - The Monetary Policy and Trade Subcommittee held a hearing today to evaluate the operations of both the U.S. Mint and the Bureau of Engraving and Printing (BEP) and their role in producing U.S. currency, both now and in the future. “It is the responsibility of Congress to provide oversight of the U.S...More

The Effect of Regulation on Affordable Multifamily Housing
September 5, 2018 - The Housing and Insurance Subcommittee met today to examine the various federal, state and local regulations and policies that affect affordable multifamily housing development. “Today’s hearing was essential in order to determine the costs of regulation, and barriers preventing affordable multifami...More

Hensarling Participates in White House Roundtable on Foreign Investment
August 23, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a roundtable discussion at the White House on the Foreign Investment Risk Review Modernization Act (FIRRMA). The bill, which was signed into law by President Trump as a part of the John S....More

Hensarling on President Trump’s Call to Study SEC Reporting Requirements
August 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in response to President Trump’s call for the SEC to study the impact of reporting requirements on American companies. “I applaud the President’s continued efforts to evaluate the impact and cost of fede...More

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