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ICYMI: After Harvey, Flood Insurance Needs Reform
Aug 31, 2017
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Aug. 30, 2017 LINK Congress must be generous in helping to repair the damage, to lives and to property, from Hurricane Harvey. The full extent of the destruction may not be known for a long time but is evidently catastrophic, just as the damage wrought by Katrina and Sandy was. Even as they demonstr...
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Before You Leave The Swamp...
Aug 4, 2017
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By James Freeman Aug. 4, 2017 Republican staff of the House Financial Services Committee have completed a legal analysis concluding there is sufficient basis for Congress to initiate contempt proceedings against Consumer Financial Protection Bureau Director Richard Cordray. The staff report, which m...
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ICYMI: Dodd-Frank Has Held Down the US Economy for Too Long
Jul 21, 2017
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July 20, 2017 By Jeb Hensarling Carefree, Arizona—population 3,363—is 2,400 miles from Wall Street. But that’s still not far enough away to escape the harm caused by Democrats’ supposed “Wall Street reform” known as the Dodd-Frank Act, which was signed into law seven years ago this month. According ...
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ICYMI: Richard Cordray's Financial Damage
Jul 13, 2017
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July 13, 2017 President Trump still hasn’t dismissed Consumer Financial Protection Bureau director Richard Cordray despite several removable offenses. But Mr. Cordray is all but begging to be fired with his mandatory arbitration ban that brazenly flouts the law. The CFPB on Monday finalized a rule f...
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ICYMI: Opinion: GOP right to drain Dems' toxic Dodd-Frank swamp
Jun 15, 2017
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Originally Published in the My Atlanta Journal-Constitution By Star Parker The House just passed the Financial CHOICE Act, which enacts major reforms to the Dodd-Frank Act, signed into law by President Obama in 2010. The 2,300-page Dodd-Frank Act was passed to fix what supposedly was broken in our f...
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Hensarling poised for biggest victory in House with bank bill vote
Jun 8, 2017
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By Zachary Warmbrodt Politico Pro Rep. Jeb Hensarling is on the verge of winning one of his biggest legislative victories, with House Republicans on Thursday expected to pass a sweeping bill to replace major banking regulations enacted after the financial crisis. To get there, the Financial Service...
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ICYMI: Dodd-Frank Broke Its Promises. The Financial CHOICE Act is a Better Way
Jun 7, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) joined House leaders today to discuss the Financial CHOICE Act – a bill to end taxpayer-funded bailouts of Wall Street banks and create more opportunities for Americans on Main Street. The bill is scheduled for a vote in the House this wee...
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ICYMI: Hensarling Discusses Financial CHOICE Act on Morning Joe, Squawk Box
Jun 6, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) joined MSNBC’s Morning Joe and CNBC’s Squawk Box to discuss the Financial CHOICE Act – a bill to end taxpayer-funded bailouts of Wall Street banks and create more opportunities for Americans on Main Street. On the CFPB: "The best form of co...
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Washington Examiner: Big banks love Democrats' big government
May 23, 2017
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5/22/2017 There wasn't a single Republican in the room on April 28, but Wall Street was well represented. House Democrats had gathered inside the Financial Services Committee for a special minority hearing to discuss the dangers of rolling back the Dodd-Frank Act's sweeping regulations. Instead of b...
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Washington Examiner: Big banks wouldn't want GOP offer for fewer rules, CBO finds
May 19, 2017
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By Joseph Lawler Megabanks would not be interested in the deal that House Republicans are offering them, Congress' in-house budget experts concluded in a report issued Thursday evening. House Republicans have advanced a bill, the Financial Choice Act, that would offer banks the option to get out of ...
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