News List

  • Chairman Hensarling Delivers Opening Statement at Hearing on HUD
    Oct 12, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Housing and Urban Development Secretary Ben Carson: Today we welcome the 17th Secretary of the Department of Housing and Urban Development, Dr. Ben Carson for h... More
  • Committee Advances 22 Bills Forward for House Consideration
    Oct 12, 2017 - WASHINGTON – The Financial Services Committee on Thursday approved 22 bills, largely bipartisan and largely aimed at helping smaller banks, credit unions, and emerging growth companies. Chairman Hensarling (R-TX) told committee members the bills will promote access to capital, reduce the regulatory ... More
  • Chairman Says Measures ‘Help Build a Healthier, More Robust Economy’
    Oct 11, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following open statement as the committee began considering 23 bills on Wednesday: Our committee has been very active and productive since the start of the 115th Congress and today we continue that trend as we co... More
  • WSJ: President Cordray Strikes Again
    Oct 10, 2017 - By The Editorial Board Wall Street Journal President Trump hasn’t fired Consumer Financial Protection Bureau (CFPB) director Richard Cordray despite ample cause. Yet the economic costs continue to compound—now with the bureau’s payday-loan rule that seeks to put the industry out of business. The CF... More
  • Committee Schedule for Week of Oct. 9
    Oct 6, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of October 9: Wednesday, October 11 at 10:00 a.m. – The committee will meet to consider the following bills: · HR 477, the “Small Business Mergers, Acquisitions, Sales, and Brokerage Sim... More
  • Consumers Need National Standards for Data Security and Breach Notification
    Oct 5, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine the Equifax data breach: On September 7, Equifax announced what it called a “cybersecurity incident” at its business that potentially affects 145 million ... More
  • Committee Encouraged by SEC's Commitment to Help Small Business
    Oct 4, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to review the Securities and Exchange Commission’s agenda, operations and budget: This morning we welcome Securities and Exchange Commission Chairman Jay Clayton for... More
  • Hensarling: Congress Must Tackle Housing Finance Reform
    Oct 3, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening remarks at today’s hearing on sustainable housing finance reform: Today we welcome back our former colleague and committee member Mel Watt, the Director of the Federal Housing Finance Agen... More
  • Examining the Availability vs. Reliability of Insurance for Non-Profit Organizations
    Sep 28, 2017 - Today the Subcommittee on Housing and Insurance held a hearing to examine insurance for non-profit organizations. The purpose of this hearing was to evaluate the availability of property insurance coverage for non-profit organizations and address whether Risk Retention Groups (RRGs) should be grante... More
  • Bipartisan Flood Insurance Reform Passes House
    Sep 28, 2017 - The House voted 264-155 today for legislation that includes a bipartisan effort to encourage the creation of private flood insurance markets in an effort to provide homeowners with more coverage options at more affordable rates. The bipartisan Flood Insurance Market Parity and Modernization Act, spo... More