Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s tentative hearing schedule for the week of Oct. 19.  Oct. 21 at 10 a.m. – The Financial Institutions and Consumer Credit Subcommittee will discuss legislative proposals to reduce regulatory burdens on Main Street job creators. Oct. 21 at 2 p.m. – The Housing and Insurance Subcommittee… Read more »

The Monetary Policy and Trade Subcommittee, chaired by Rep. Bill Huizenga (R-MI), held a hearing today to examine the role of multilateral development banks in the global economy and how they can more effectively spur economic growth to alleviate poverty. Multilateral development banks, known as MDBs, are the World Bank and four smaller regional institutions that provide loans and grants… Read more »

The House on Wednesday passed bipartisan legislation to help homebuyers avoid  delays and disruptions when closing on their new homes by a vote of 303-121. The bill, the Homebuyers Assistance Act, provides a four-month grace period for businesses that are working in good faith to comply with a new 1,888-page rule from the CFPB that went into effect Oct. 4. “Without this bill,… Read more »

This week, the House of Representatives will consider five bills approved by the Financial Services Committee to hold unelected Washington bureaucrats accountable so that consumers can achieve financial independence. “Consumers are understandably concerned about our economy.  We remain stuck in the worst recovery of the last 70 years.  At the same time, they’re concerned that… Read more »

The Financial Services Committee today approved several bipartisan bills designed to protect consumers and help build a healthier economy.   “Consumers are understandably concerned about our economy.  We remain stuck in the worst recovery of the last 70 years.  At the same time, they’re concerned that Washington is taking away their choices and raising many of their costs,… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of five bills to empower consumers and job creators: The Committee meets to consider five important bills, the majority of them bipartisan and all of them designed to protect consumers and help build a healthier economy. Consumers are understandably… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of September 28. Tuesday, September 29 at 10:00 A.M. – The Financial Services Committee will hold a hearing to receive the semi-annual report from Director Richard Cordray of the Bureau of Consumer Financial Protection. When Director Cordray last appeared in front of… Read more »

WASHINGTON - As America celebrated Constitution Day on Thursday, the Financial Services Committee held a hearing to examine how hardworking Americans are less free because of the Dodd-Frank Act passed by Congress in 2010.  The hearing was the third in a series focused on the harmful impact Dodd-Frank has had on Americans’ prosperity, freedom and financial stability. “Dodd-Frank… Read more »

The turbulent global economy presents the United States with an opportunity to reorient international economic priorities toward free markets, free trade and fiscal responsibility, members of the Financial Services Monetary Policy and Trade Subcommittee said today at a hearing. “The combination of debt and misguided policy decisions being implemented by countries across the globe… Read more »

CLICK HERE TO WATCH WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) reacted to the Federal Reserve’s decision to keep its benchmark interest rates near zero, where they’ve been since December 2008.  During an interview on Bloomberg TV, Chairman Hensarling called the artificially low… Read more »