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ICYMI: Watch Chairman Hensarling’s Interview on C-SPAN
Jan 26, 2015
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) appeared on C-SPAN’s Newsmakers this past Sunday to discuss his thoughts on the President’s State of the Union speech, fundamental tax reform, the economy, and the need for Congress to pass sustainable housing finance reform. You can ...
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ICYMI: The Federal Housing Administration’s risky move to lower premiums
Jan 20, 2015
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January 20, 2015 The Federal Housing Administration’s risky move to lower premiums By The Washington Post Editorial Board January 16 Contrary to many confident predictions by its leadership, the Federal Housing Administration needed a $1.7 billion federal bailout in September 2013, the first time in...
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Reuters: U.S. Lawmaker Directs Consumer Bureau to Ditch Office Upgrade
Jan 13, 2015
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LINK TO THE STORY A top Republican lawmaker on Monday urged the U.S. Consumer Financial Protection Bureau to abandon the renovation of its Washington building and find cheaper office space, a sign critics intend to keep up scrutiny of the agency this year. House Financial Services Committee Chairman...
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ICYMI: Hensarling in The Washington Times: Wean Business Insurers off Terrorism Risk Insurance Act
Nov 12, 2014
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CLICK HERE TO READ By Rep. Jeb Hensarling The threat posed by radical Islam once again commands the nation's attention at the same time Congress debates whether to re-extend a never-used terrorism-risk insurance program that was supposed to expire nine years ago. The 2002 Terrorism Risk Insurance A...
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ICYMI: Unaccountable CFPB Under Fire For Not Protecting Massive Amounts of Consumer Data
Sep 23, 2014
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GAO: CFPB Should Take Steps to Protect Consumer Data Collected From Banks “The data collection is the latest flash point between the three-year-old bureau and its critics, including Republican lawmakers, who say the agency is overstepping its authority. Republicans and business groups say the CFPB'...
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ICYMI: How Much of a Terrorist Attack Should Insurance Companies Cover?
Aug 21, 2014
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CLICK HERE TO READ August 21, 2014 Editorial Should the government help pay for Americans to rebuild after big terrorist attacks? If so, how much? Congress is in the process of answering these questions. Since 2002, the federal government has provided a financial backstop for private terrorism insu...
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ICYMI: Ex-Im Busts Its Travel Budget While Undertaking “Barnstorming” Pro-Subsidy Tour
Aug 13, 2014
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Officials with the Export-Import Bank have embarked on a 10-state promotional tour this month. And according to The Hill, “Officials with the Export-Import Bank have exceeded their travel budget over the last three years by $3 million.” (“Ex-Im Busts Travel Budget by $3M” the headline reads). “Much ...
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ICYMI: Derailing the American Dream since 2010: Thanks a lot, Dodd-Frank
Jul 22, 2014
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CLICK HERE TO READ Published July 21, 2014 By Rep. Jeb Hensarling President Obama promised the sprawling Dodd-Frank Act he signed four years ago this week would “lift the economy,” “end too big to fail,” “end bailouts,” and “increase investment and entrepreneurship.” Instead, Dodd-Frank has done th...
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ICYMI - How to Spark Another 'Great Moderation'
Jul 16, 2014
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ICYMI - How to Spark Another 'Great Moderation' July 15, 2014 By John B. Taylor Sound money and free markets go hand in hand. In 1776, Adam Smith wrote of the importance of rules for "a well-regulated paper-money" in "The Wealth of Nations." In 1962, Milton Friedman made the chapter "Control of Mone...
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ICYMI - Boeing Will Survive an Ex-Im Defeat
Jul 14, 2014
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July 13, 2014 Editorial Supporters say that killing the government Export-Import Bank would result in "unilateral disarmament" and a painful fall in U.S. exports. But consider the recent conclusions of the financial analysts at Standard & Poor's. S&P examined what would happen to Ex-Im's biggest cl...
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