Press Releases

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 »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Ann Wagner (R-MO) announced today that the Committee plans to hold a hearing no later than Thursday, September 27, 2018 as a part of its ongoing investigations into various allegations of waste, fraud and abuse at the Federal Housing Finance Administration… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon passage of the conference report to the “John S. McCain National Defense Authorization Act (H.R. 5515).” Hensarling was a House conferee with jurisdiction over the Foreign Investment Risk Review Modernization Act (FIRRMA), which reforms the Committee on Foreign Investment in the United… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following speech on the House floor today during debate on a bill to extend the National Flood Insurance Program (NFIP) without any reforms to the program:                  Mr. Speaker, I come to the floor today to do something I do not often do, and that is I have asked… Read more »

Today, the Financial Services Committee approved seven important pieces of legislation to safeguard our financial system and improve access for all Americans to financial services and products. “Today, we meet to consider seven important bills… to help the lives of every day Americans and help protect our financial system,” said Committee Chairman Jeb Hensarling (R-TX) in his opening… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on an agreement to modernize the Committee on Foreign Investment in the U.S. (CFIUS) as a part of the National Defense Authorization Act (NDAA). “The House has spent the past several months examining how to modernize CFIUS in a way that will allow us to address emerging national security… Read more »

The Monetary Policy and Trade Subcommittee met today to examine the extent to which the United States government should consider cryptocurrencies as money, and their potential effect on domestic and foreign economies. The Subcommittee also evaluated the merits of any uses by central banks of cryptocurrencies to better understand the future of both digital currencies and physical cash.… Read more »