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Rep. Hensarling Unveils Fresh Plan to Revamp Dodd-Frank
Mr. Hensarling’s blueprint is significant, framing a Republican agenda in this election year, and attempting to steer the debate in the event Republicans win the White House and keep control of Congress in November.
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Hensarling's 'Bold Alternative' for Reform Includes Big Capital Change
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GOP chairman sketches out Dodd-Frank replacement
A Republican alternative to President Obama's Dodd-Frank financial reform law will be released soon, a top House lawmaker said Tuesday. Jeb Hensarling, the chairman of the House Financial Services Committee, told a conference of bankers in Washington that "we are deep into our planning and you will soon see our bill."
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GOP chairman: Banks are facing 'regulatory waterboarding'
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) vowed that he would soon unveil a proposal to replace the Dodd-Frank financial reform law. He portrayed the 2010 regulatory overhaul as a boondoggle that has put smaller bankers out of business.
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Hensarling Pledges GOP Alternative to ‘Regulatory Waterboarding’
“I can report to you today that we are deep into our planning and you will soon see our bill,” Hensarling (R-Texas) said in a speech at an American Bankers Association conference in Washington. “For our sputtering economy and all those struggling in it, help is on the way.”
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Congressman Invokes Kanye, Bono in Call for Dodd-Frank Repeal
The head of the House Financial Services Committee quoted Bono and Kanye West on Tuesday while announcing plans for an alternative to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act – a piece of legislation that has long rankled many on the right of the political spectrum.
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Hensarling Previews Regulatory Reform Plan
Hensarling emphasized that his plan is not about “a debate between regulation and de-regulation.” Instead, he said, “this is going to be a debate over the future of our economy and the hopes and dreams of millions. We believe well-functioning, transparent and efficient capital markets provide a ladder of opportunity, and when all Americans have more opportunities, the economy rises with them.”