Press Releases

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  • Hensarling: Taxpayers Deserve Far Better
    Oct 18, 2018 - Financial Services Committee Jeb Hensarling (R-TX) released the following statement after the Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) issued a report on the potential management and performance challenges of 2019: “As was demonstrated at the Committee’s hearing on Sep... More
  • Chairman Hensarling Statement on De-Designation of Prudential
    Oct 18, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement after the Financial Stability Oversight Council (FSOC) de-designated Prudential Financial Inc. as a Systemically Important Financial Institution (SIFI): “I’m pleased to see FSOC finally acknowledge that ther... More
  • Hensarling Announces Departure of Staff Director Shannon McGahn, Congratulates Incoming Staff Director Ed Skala
    Oct 2, 2018 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that Shannon McGahn, the committee’s Staff Director, will be departing the committee in the coming weeks. “Shannon has been by my side as a trusted advisor and friend throughout some of the most pivotal mo... More
  • Financial Markets in the Digital Era
    Sep 28, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to examine new opportunities for technological innovation to develop new products and services consumers across the financial lobe need. “The pace of technological development in financial services has increased exponentially a... More
  • Chairman Hensarling Delivers Opening Statement at FHFA Oversight Hearing
    Sep 27, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine the Federal Housing Finance Agency’s (FHFA) role as conservator and regulator of the Government Sponsored Enterprises. Ten years ago, at the time of the ... More
  • House Passes 8 Financial Services Bills
    Sep 26, 2018 - The House of Representatives passed eight bipartisan bills from the Financial Services Committee this week. “I’m proud of the work put forward by committee members on both sides of the aisle to improve our financial system so it can handle the challenges of tomorrow,” said Financial Services Committ... More
  • Ensuring the Effective and Successful Implementation of Economic Sanctions
    Sep 26, 2018 - The Monetary Policy and Trade Subcommittee held a hearing today to examine the Administration’s use of economic sanctions to achieve foreign policy objectives with respect to Iran, North Korea, Russia, and other countries of strategic importance. “Today’s hearing focused on the effectiveness of U.S.... More
  • Supporting Main Street Investment
    Sep 26, 2018 - The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to examine the mission, operations, and activities of the SEC’s Division of Investment Management to ensure it is conducting itself consistently with the SEC’s tri-fold mission to protect investors, maintain fair, ... More
  • Committee Examines Serious Allegations of Misconduct at Illinois Housing Authority
    Sep 25, 2018 - The Housing and Insurance Subcommittee met today to examine the Department of Housing and Urban Development’s (HUD) oversight of the Alexander County Housing Authority located in Cairo, Illinois. “Today’s hearing was essential to help get to the bottom of the Alexander County Housing Authority’s (AC... More
  • Hensarling Statement Regarding SEC Staff Proxy Advisory Letter Withdrawals
    Sep 13, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s action by the SEC’s Division of Investment Management to withdraw the 2004 letters issued by staff to Egan-Jones Proxy Services and Institutional Shareholder Services, Inc. This action comes... More