News List

  • Hensarling Responds to FHFA Dividend Payment Changes
    Dec 21, 2017 - This morning, the Federal Housing Finance Agency (FHFA) and the Treasury Department announced an agreement to deprive taxpayers of the compensation to which they are legally entitled under the ongoing conservatorships of Fannie Mae and Freddie Mac (the GSEs). This agreement alters the practice that ... More
  • House Passes Corporate Governance Reform and Transparency Act
    Dec 20, 2017 - On Wednesday, the House voted to pass H.R. 4015, the Corporate Governance Reform and Transparency Act of 2017. Institutional investors typically hold shares in a large number of public companies and often use investment advisors – known as proxy advisory firms – to vote on their behalf at shareholde... More
  • Hensarling: Senate Shouldn’t Confirm Ex-Im Nominees Until Garrett is Confirmed or Ex-Im is Reformed
    Dec 20, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on the Senate Banking Committee’s vote to block the nomination of Scott Garrett to lead the Export-Import Bank: “The Export-Import Bank remains the poster child for corporate welfare. If it must remain, it mus... More
  • House Approves Bipartisan Bill to End Flawed, Arbitrary Designation Process
    Dec 19, 2017 - Today, the House voted 288-130 to pass H.R. 3312, the Systemic Risk Designation Improvement Act of 2017, with bipartisan support. This bill – sponsored by Rep. Blaine Luetkemeyer (R-MO) and cosponsored by both Republicans and Democrats in the House – removes the arbitrary $50 billion asset threshold... More
  • Subcommittee Examines CFIUS
    Dec 14, 2017 - The Subcommittee on Monetary Policy and Trade held a hearing today to examine the operations and challenges of the multi-agency Committee on Foreign Investment in the United States (CFIUS). The panel examines proposed foreign investments in the U.S. and can advise the president to block deals on nat... More
  • House Helps Consumers Cope with Voluminous Privacy Notices and Increases Oversight of Aircraft Sales to Iran
    Dec 14, 2017 - The House of Representatives passed two important bipartisan pieces of legislation from the Financial Services Committee on Thursday that would cut outdated Washington regulations and increase Congressional oversight of business Treasury authorizes with Iran. H.R. 2396, the Privacy Notification and ... More
  • Shining a Light on Iranian Assets
    Dec 13, 2017 - The House on Wednesday passed the bipartisan “Iranian Leadership Asset Transparency Act” (H.R. 1638), which would make public the assets of top political and military leaders in Iran and how those assets are being used. Public reporting of the sources and uses of the concentrated wealth held by top ... More
  • Committee Advances 13 Bills
    Dec 13, 2017 - This week, the Financial Services Committee approved 13 bills on a range of subjects from economic growth, to consumer protection, to Native American housing and human trafficking. This week’s markup follows a very productive year for the Committee, which has held 54 subcommittee hearings, 12 full c... More
  • Bipartisan Regulatory Relief Bill Passes House
    Dec 12, 2017 - The House passed bipartisan legislation on Tuesday that provides important regulatory relief for small banks and credit unions and protects consumer access to mortgage credit. The CFPB’s expansion of escrow requirements and guidance on escrow and mortgage servicing requirements are prime examples of... More
  • ICYMI: The CFPB is unconstitutional so let's make it better
    Dec 12, 2017 - By Jeb Hensarling December 12, 2017 There has been much news recently about who lawfully controls the Consumer Financial Protection Bureau, an appointee of Barack Obama or an appointee of Donald Trump. The CFPB may provide great political theater, but it represents profoundly bad government. Instea... More