In Case You Missed It

  WASHINGTON – On Wednesday, members of the House Financial Services Committee challenged the Director of the CFPB – a uniquely unaccountable government bureaucracy – over Bureau actions that are harming consumers and abusing and exceeding its already immense powers.  House Republicans… Read more »

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. Hensarling's 'Bold… Read more »

"When is monetary policy going to be more predictable, more method based, and less improvisational...We need to understand what is the direction of monetary policy going forward." </center> Read more »

WASHINGTON - Ahead of President Obama's last State of the Union Address, Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, spoke with Fox Business and Bloomberg News about his thoughts on creating more opportunity in the American economy. Click here for video highlights.  Excerpts: “What we hear from the White House is that this is… Read more »

Two separate reports published at the end of 2015 paint an ugly picture of the impact the Dodd-Frank Act is having on America’s community banks, credit unions, and the customers they serve. The first report from the Dallas Federal Reserve concluded that in the era of Dodd-Frank’s regulatory onslaught, many community financial institutions may be “too small to succeed.” The report went to… Read more »

Read on Medium We started this year with three goals: 1. To… Read more »

On Thursday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) joined House Majority Leader Kevin McCarthy and other House chairmen to discuss the Committee’s work to combat terror financing. Chairman Hensarling’s remarks are below: “Well, clearly as a Congress we have no more important responsibility than to protect the American people from all enemies… Read more »

WASHINGTON -- If all you knew about Mr. Brown was his surname, sex and zip code, do you think you could tell if he was black or white? The Consumer Financial Protection Bureau thinks it can – which is just one more reason it should be abolished.  The regulatory frenzy that accompanied President Barack Obama's first two years in office… Read more »

A staff report by the Financial Services Committee uses internal CFPB e-mails and documents to reveal the Bureau is knowingly using flawed and inferior methods to allege racial bias in auto lending. The result of the CFPB’s efforts could mean higher consumer prices when it comes to buying a car or truck. To read the committee staff report, click here.   … Read more »

Consumer Watchdog Pushed Discrimination Case on Vulnerable Firm: Report Republicans say Consumer Financial Protection Bureau targeted Ally on likelihood of settlement to gain restructuring approval By YUKA HAYASHI Nov. 24, 2015 WASHINGTON—When federal regulators launched a controversial crackdown on alleged discrimination in auto lending two years ago, they knew their methodology… Read more »