Press Releases

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 (ACHA) troubling role in allowing living conditions in both the Elmwood and… Read more »

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 ahead of the SEC’s Roundtable on the U.S. proxy process to enhance our capital markets and… Read more »

Today, the Financial Services Committee approved 12 important pieces of legislation to improve the lives of Americans and protect our financial institutions. “Today, we met to consider a dozen pieces of legislation to improve the lives of every day Americans. From ensuring our veterans are able to access mortgages to buy a home, to protecting our financial system from traffickers and… Read more »

The House of Representatives passed two bills from the Financial Services Committee this week. “I’m pleased to see these important measures pass the House today to bring greater accountability and transparency to the Federal Reserve and to move the Committee’s efforts to thwart terrorism forward by ensuring appropriate processes are in place to protect our financial networks from… Read more »

The Subcommittee on Terrorism and Illicit Finance met today to examine the various methods used by major terror groups to generate and move funds to support their activities and organizations. As the threat of terrorism continually evolves, it is increasingly important to monitor terrorist threats and methods of terror financing. “Terrorist organizations cannot function without… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the 10th anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, the failed government-sponsored housing enterprises (GSEs). During his remarks, Hensarling detailed his bipartisan plan to reform our broken housing finance… Read more »

The Monetary Policy and Trade Subcommittee held a hearing today to evaluate the operations of both the U.S. Mint and the Bureau of Engraving and Printing (BEP) and their role in producing U.S. currency, both now and in the future. “It is the responsibility of Congress to provide oversight of the U.S. Bureau of Engraving and Printing and the U.S. Mint. With new and disruptive products… Read more »

The Housing and Insurance Subcommittee met today to examine the various federal, state and local regulations and policies that affect affordable multifamily housing development. “Today’s hearing was essential in order to determine the costs of regulation, and barriers preventing affordable multifamily housing development. The lack of development is especially concerning because while we… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a roundtable discussion at the White House on the Foreign Investment Risk Review Modernization Act (FIRRMA). The bill, which was signed into law by President Trump as a part of the John S. McCain National Defense Authorization Act for Fiscal Year 2019, represents the first… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in response to President Trump’s call for the SEC to study the impact of reporting requirements on American companies. “I applaud the President’s continued efforts to evaluate the impact and cost of federal regulation on American businesses and entrepreneurs.  In order to sustain 3%… Read more »