Press Releases

By: Stephen Matteo Miller and Chad Reese American Banker, June 28, 2016 Announcing his plan to overhaul the Dodd-Frank Act, House Financial Services Committee Chairman Jeb Hensarling signaled agreement with a growing list of policymakers and scholars who argue that the best way to prevent another financial crisis is to embrace simpler, higher capital requirements rather than other… Read more »

15 national conservative organizations and prominent activists announced they “wholeheartedly endorse” the Financial CHOICE Act, saying the Republican plan to replace the failed Dodd-Frank Act will “turbocharge the American economy.” “If we want the economy to improve — if we want to give all Americans the chance to prosper again — we need to put an end to Washington’s destructive… Read more »

By: Norbert Michel Forbes, 6/28/2016 House Financial Services Committee Chairman Jeb Hensarling (R-Texas) has released a discussion draft of the Financial CHOICE Act, legislation that would replace large parts of the failed Dodd-Frank Act. It has attracted some high-profile fans. Three Nobel Prize winning economists, a former U.S. Treasury Secretary, and a host of academics and… Read more »

Committee Questions Yellen About Interest on Excess Reserves On Wednesday, the Financial Services Committee held its semi-annual hearing on monetary policy and the economy with Federal Reserve Chair Janet Yellen. In its coverage of the hearing, the Wall Street Journal reported that Republicans “pressed the Fed chairwoman to justify how much interest the Fed pays banks on the excess… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) on Thursday delivered the keynote address at the Heritage Foundation’s event, “The Case Against Dodd-Frank: How the ‘Consumer Protection’ Law Endangers Americans.” During his remarks, Chairman Hensarling laid out the failures of Dodd-Frank, the broken promises made by Democrats about the law, and how… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) today publicly released a discussion draft of the Financial CHOICE Act, the Republican plan to replace the failed Dodd-Frank Act and promote economic growth.  CHOICE stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs. “We want the American people to see our proposal… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to receive the Monetary Policy and State of the Economy report from Federal Reserve Chair Janet Yellen: I have been struck by some of the headlines I’ve reviewed as of recent. For example: “Economy barely grew in first three months of the year” –… Read more »

One-quarter of black, Asian and female employees responding to a government watchdog’s confidential survey of employees said… Read more »

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) will discuss the Financial CHOICE Act – the Republican plan to replace the Dodd-Frank Act and promote economic growth – at the Heritage Foundation on Thursday, June 23.  The event – entitled “The Case Against Dodd-Frank: How the ‘Consumer Protection’ Law Endangers Americans” – is open to the press. … Read more »

WASHINGTON – Congressman Peter Roskam (R-IL) and Congressman Jeb Hensarling (R-TX) are asking Boeing questions about its negotiations to sell aircraft to Iran. “American companies should not be complicit in weaponizing the Iranian Regime,” the members of Congress said in a letter sent on Thursday to Boeing CEO Dennis Muilenburg.  “In light of recent reports that a deal is imminent,… Read more »