Press Releases

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement regarding the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire at the end of the month absent Congressional action. “It has been more than eight months since the House did its job and passed a long-term NFIP reauthorization. And yet the NFIP… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the Federal Reserve Chairman Jerome Powell on monetary policy and the state of the economy:                  As we meet today, thanks to the fiscal policies of the Trump Administration and this Congress,… Read more »

WASHINGTON – In a near unanimous vote of 406-4, today the House passed the bipartisan “JOBS and Investor Confidence Act of 2018.” The bill – which is comprised of 32 individual pieces of legislation that have passed the Financial Services Committee or the House this Congress with broad bipartisan support – was the third and largest installment of “Jumpstart Our Business Startups (JOBS)… Read more »

The Subcommittee on Financial Institutions and Consumer Credit met today to examine the existing regulatory structure for prudentially regulated financial institutions and to explore avenues that Congress and regulators can address challenges through policy changes. “While I believe in robust capital requirements, I don’t think capital should be required to the point that it… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) announced today that they have reached an agreement on a package of strong, bipartisan capital-formation legislation to help America’s small businesses and entrepreneurs and to protect investors. The package, known as the “JOBS and Investor Confidence Act of 2018,” is… Read more »

The Subcommittee on Terrorism and Illicit Finance met today to examine strategies to disrupt both the financing and procurement of weapons and how financial institutions can best identify proliferation activities. “On the Terrorism and Illicit Finance (TIF) Subcommittee, we are charged with providing the tools and resources our nation’s intelligence and financial communities needs to… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin:                  Whether you’re looking at unemployment, disposable family income, GDP, small business optimism, you name it, it is clear that… Read more »

This week, the Financial Services Committee approved eight bipartisan bills to support regulatory flexibility, market expansion, and corporate transparency. “The bipartisan bills passed by the Committee today will help our small businesses gain capital, help entrepreneurial ventures, and help companies in America go public and stay public. I want to thank Members on both sides of the… Read more »

The House of Representatives passed eight bipartisan bills from the Financial Services Committee today, all of which have passed the Committee with unanimous support. “I’m pleased to see these important Financial Services Committee measures pass the House today and applaud the hard work of their sponsors. These bills are vital in achieving the committee’s goal of alleviating burdensome… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement after Bureau of Consumer Financial Protection (the Bureau) Acting Director Mick Mulvaney announced that Brian Johnson has been selected for the role of Acting Deputy Director: “I’m pleased to hear that Brian Johnson has been selected today to serve as the Bureau’s Acting Deputy Director. Brian’s… Read more »