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  • Chairman Hensarling Reacts to Decision on Fiduciary Rule
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding today’s decision by the Department of Labor on the controversial fiduciary rule: “I was there in the Oval Office when President Trump signed his Presidential Memorandum on the Obama administrat... More
  • Chairman Hensarling's Statement on President's Budget Proposal
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on President Trump's Fiscal Year 2018 budget proposal: “The higher taxes, spending and borrowing that were the pillars of Obamanomics brought us the weakest economic recovery in our lifetimes, stagnant p... More
  • CBO Destroys Democrat Talking Point Against Financial CHOICE Act
    May 22, 2017 - The non-partisan, independent Congressional Budget Office (CBO) exposed the Democrats’ top talking point against the Financial CHOICE Act for the lie it is. “Democrats have sought to portray the legislation as a giveaway to big banks,” the Washington Examiner notes, yet the CBO reports that “the big... More
  • Subcommittee Evaluates Lessons from the IMF's Bailout of Greece
    May 18, 2017 - The Monetary Policy and Trade Subcommittee held a hearing on Thursday to evaluate lessons from the International Monetary Fund's (IMF) bailout of Greece in 2010 and 2012. “With Greece’s economy again officially in recession and discussions underway for a third IMF bailout, it is clear from today’s h... More
  • Cordray Appearance Shows Democrats Use CFPB as 'Political War Machine'
    May 17, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about CFPB Director Richard Cordray’s decision to attend House Democrats’ weekly caucus meeting today: “Everyone knows Mr. Cordray will likely leave the CFPB soon and pursue political office in Ohio agai... More
  • The Article the New York Times Doesn't Want You to Read: The Financial CHOICE Act Ends Bank Bailouts
    May 16, 2017 - *Note: This was written in response to a column that appeared recently in the New York Times. The Chairman's response was submitted to the newspaper, which refuses to publish it. By Jeb Hensarling Far from ending bailouts, the Dodd-Frank Act institutionalized them and made them a permanent fixture o... More
  • Democrats Join Wall Street CEOs in Defending Dodd-Frank
    Apr 28, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Democrats’ “Minority Hearing Day”: "Barack Obama is pocketing $400,000 for a Wall Street speech and Professor Warren is joining Wall Street CEOs in defending Dodd-Frank.... More
  • The Financial CHOICE Act
    Apr 28, 2017 - When Democrats passed Dodd-Frank, they claimed it would "lift the economy." Instead Americans got the slowest, weakest recovery in 70 years. They promised it would end taxpayer-funded bailouts. Instead it enshrined bailouts into law. They promised it would make our system safer, but today the big b... More
  • Hensarling Introduces Financial CHOICE Act
    Apr 26, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today formally introduced the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act which has contributed to the slowest economic recovery since World War II. The Financial CHOICE Act, H.R. 10, will end taxpayer-fund... More
  • Hensarling: America has struggled for too long
    Apr 26, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s meeting to examine the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act: It has been almost seven years since the passage of the Dodd-Frank Act. We... More