In Case You Missed It

  By Damian Paletta   The U.S. Export-Import Bank has suspended or removed four officials in recent months amid investigations into allegations of gifts and kickbacks, as well as attempts to steer federal contracts to favored companies, several people familiar with the matter said. One employee, Johnny Gutierrez, an official in the… Read more »

By: Rep. Jeb Hensarling A recent newspaper headline caught my attention: “Debts, Deficits — Once a Focus [in Washington] — Fade From Agenda.” My immediate reaction was “not if I can help it.” So today, the House Financial Services Committee, which I chair, begins a series of hearings focused on why the national debt really does matter and why it matters right now. For something to… Read more »

An internal federal probe has concluded that Maurice Jones, Virginia Gov. Terry McAuliffe’s new commerce secretary, improperly lobbied Congress while he was in the Obama administration last year. Mr. Jones, who was a deputy secretary at the U.S. Department of Housing and Urban Development, sent an email to more than 1,000 recipients — including 46 people at HUD — asking them to contact… Read more »

Chairman Hensarling (Hensarling): Mr. Secretary, I’m personally not going to spend a whole lot of time with you on discussing who knew what, when, with respect to the IRS scandal but I would like to say this:  I don’t know the level of responsibility that you and the president bear for this scandal, but I know it’s not zero.  I think the American people would like to hear a… Read more »

WASHINGTON – Congressman Jeb Hensarling (R-Texas) – a leading conservative and chairman of the House Financial Services Committee – joined CNBC’s The Kudlow Report and FNC’s Hannity last night to discuss the Federal Reserve’s monetary policy and President Obama’s harmful sequestration. Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) joined CNBC’s Squawk Box this morning to discuss the committee’s current hearing series on the state of the Federal Housing Authority (FHA). Hensarling also discussed what to expect from President Obama’s State of the Union Address tonight. Read more »

NOTE: A version of this article will appear in the January 16, 2013 print edition of The Washington Times.  View online at The Washington Times here By: Rep. Jeb Hensarling There is no doubt that Hurricane Sandy rendered unspeakable damage to lives and property on our East Coast. It truly represents one of the great natural disasters of recent history. For millions of our fellow… Read more »

The following article was published this week on the website BankCreditNews.com: Free checking being wiped out by Dodd-Frank’s burden The average required minimum balance for free checking rose to $723 this year, data reported by Bankrate.com showed on Monday. Banks, in response to the economic climate and new regulations like Dodd-Frank and the Durbin Amendment, have been… Read more »

Oversight and Investigations Subcommittee Chairman Randy Neugebauer writes in today's edition of the Wall Street Journal about the lack of transparency and accountability at the Consumer Financial Protection Bureau, a government bureaucracy created by the Dodd-Frank Act: A $447 Million Consumer Alert By Randy Neugebauer Should an unelected Washington bureaucrat be given… Read more »

(Bloomberg) -- A panel of U.S. regulators created to monitor financial stability faces challenges in achieving its mission of identifying risks and should improve its transparency, according to a report by the Government Accountability Office. The Dodd-Frank law created the Financial Stability Oversight Council to highlight systemic risk to the economy and enhance cooperation among its… Read more »