Press Releases

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  • Hensarling Statement on CFPB Funding Request
    Jan 18, 2018 - House Financial Services Committee Chairman Jeb Hensarling (TX-05) released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) funding request letter to the Federal Reserve Board for the Second Quarter of Fiscal Year 2018, requesting $0. "It's refreshing to see ... More
  • Committee Advances 15 Bills
    Jan 18, 2018 - This week, the Financial Services Committee approved 15 bills on a wide range of topics including regulatory relief for community financial institutions, increased investment opportunities, improved access to financing for home buyers, greater consumer protection, and development of a national strat... More
  • House Passes World Bank Accountability Act
    Jan 17, 2018 - On Wednesday, the House voted to pass H.R. 3326, World Bank Accountability Act. This important piece of legislation – which makes a share of future World Bank appropriations contingent on reforms to the Bank’s International Development Association (IDA) – passed the Financial Services Committee with... More
  • Hensarling Applauds Mulvaney’s Call for Review of CFPB Practices, Payday Lending Rule
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement applauding the Consumer Financial Protection Bureau’s (CFPB) announcements that it is undertaking a sweeping review of agency actions and practices, and that it would revisit a controversial rule relatin... More
  • Hensarling Delivers Opening Statement at Committee Markup
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of 17 measures on Wednesday: 2017 was one of the most productive years on record for this committee. 12 full committee hearings, 54 subcommittee hearings, ... More
  • Subcommittee Examines Ways to Reform the Federal Reserve
    Jan 10, 2018 - The Subcommittee on Monetary Policy and Trade met today to further examine proposals to reform the Federal Reserve. Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the... More
  • Subcommittee Examines Legislation to Lift Regulatory Burden, Increase Consumer Choice
    Jan 9, 2018 - The Financial Institutions and Consumer Credit Subcommittee met today to examine the following pieces of legislation aimed at improving regulations for financial institutions: H.R. 1264, the Community Financial Institution Exemption Act H.R. 2683, the Protecting Veterans Credit Act of 2017 H.R. 4648... More
  • Subcommittee Examines Foreign Investment Process
    Jan 9, 2018 - The Monetary Policy and Trade Subcommittee met today to evaluate the operations of the Committee on Foreign Investment in the United States (CFIUS) and the challenges posed by a changing global economy. “Today, the Monetary Policy and Trade Subcommittee continued our work to evaluate and consider re... More
  • Hensarling Statement on Royce Retirement
    Jan 8, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on the retirement of Chairman Ed Royce (R-CA). “For more than 25 years, Ed Royce has been a fearless advocate for freer markets and smaller government. He was far ahead of the curve in championing ... More
  • Media Advisory: Committee Schedule for Week of January 8
    Jan 5, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of January 8: Tuesday, January 9 at 10:00 a.m. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Evaluating CFIUS: Challenges Posed by a Changing Global Economy.... More