Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding HUD Secretary Julian Castro’s announcement to lower Federal Housing Administration (FHA) mortgage insurance premiums: “It seems the Obama administration’s parting gift to hardworking taxpayers is to put them at greater risk of footing the bill for yet another bailout.  Just… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s leadership team for the 115th Congress. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all Americans,” said Chairman Hensarling.  “Our committee will continue to develop bold,… Read more »

House Financial Services Committee Chairman Jeb Hensarling today welcomed 10 new Republican members who will serve on the committee for the 115th Congress, pending ratification by the House Republican Conference on Friday. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all… Read more »

WASHINGTON – The House Financial Services Committee’s Task Force to Investigate Terrorism Financing on Tuesday released a bipartisan report of its 12 month long probe into the threat terror financing poses to the U.S. financial system. “Fighting the financial war against terror demands constant innovation and vigilance.  I want to commend Chairman Fitzpatrick, Ranking Member Lynch,… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) comments on the Federal Reserve’s decision to raise short-term interest rates and how the Financial CHOICE Act would improve the conduct of monetary policy: “Sustainable, market-based interest rates are better for consumers and investors, and our economy would be healthier if the Federal Reserve were more… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement concerning SEC Chair Mary Jo White’s refusal to stop “midnight regulations” in the waning days of the Obama Administration: “The press is characterizing Chair White’s decision to try to rush through a mountain of midnight regulations as ‘defying Republicans,’ but in reality she’s… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments upon news that Boeing has finalized an agreement to sell 80 commercial aircraft to Iran Air – the state owned national carrier of Iran. “Boeing’s actions to aid the world’s foremost state sponsor of terrorism through the sale of these jets are disappointing to say the least. This announcement… Read more »

Subcommittee Reviews Regulatory Impact on Short-Term Financing The Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing on Thursday to consider the impact regulatory activities since 2010 have had on short-term financing in the U.S. capital markets, including repurchase agreements, money market funds, and securities financing. Chairman Scott Garrett (R-NJ)… Read more »

December 8, 2016 Big banks have an unexpected message for President-elect Donald Trump: Don’t trash the Dodd-Frank Act. “We’re not asking for wholesale throwing out Dodd-Frank,” J.P. Morgan Chase & Co. chief James Dimon said at a financial-services conference this week where he and other big-bank executives spoke, often addressing potential… Read more »

WASHINGTON – The Monetary Policy and Trade Subcommittee held a hearing on Wednesday to examine  the Federal Reserve’s departures from conventional monetary policy and how a more principled and transparent monetary policy strategy can better support economic growth going forward. “Economic opportunity reliably increases when monetary policy adheres to its vital duty – that is,… Read more »