Press Releases

WASHINGTON – Tuesday, July 21 marks five years since President Obama signed the Dodd-Frank Act into law.  Weighing in at 2,300 pages and mandating 400 new regulations that – so far – have generated 22,296 pages of rules in the Federal Register, Dodd-Frank is the most dramatic and sweeping rewrite of our financial laws since the New Deal.  House Financial Services Committee… Read more »

  CLICK HERE TO WATCH WASHINGTON- Financial Services Committee Chairman Jeb Hensarling delivered the following opening statement at today’s Full Committee hearing with Federal Reserve Chair Janet Yellen: Last week this committee began a series of hearings examining the Dodd-Frank Act on its fifth… Read more »

WASHINGTON - The Financial Services Oversight and Investigations Subcommittee held a hearing today to examine the lack of transparency and accountability at the Federal Reserve. The powers of the Federal Reserve significantly expanded under the Dodd-Frank Act signed into law five years ago this month.  Dodd-Frank grants the Fed the authority to regulate much of the American economy… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver a speech, “Dodd-Frank Five Years Later:  An America Less Free, Less Prosperous and Less Stable” on Tuesday, July 21 at 2:30 p.m. EDT at the American Enterprise Institute (AEI) to mark the fifth anniversary of the Dodd-Frank Act being signed into law.  The Committee is examining the impact of… Read more »

WASHINGTON —The Financial Services Housing and Insurance Subcommittee held a hearing today to conduct oversight of the Department of Housing and Urban Development’s (HUD) Public and Indian Housing programs. Despite 50 years of experience and over $1.6 trillion in annual appropriations, HUD remains overly bureaucratic, has failed to accomplish its mission, duplicates other state and… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 13th. Tuesday, July 14th at 10:00 A.M. – The Oversight and Investigations Subcommittee will hold a hearing on the Federal Reserve’s lack of transparency and accountability.  The Subcommittee will examine the Federal Reserve’s growing power since the… Read more »

 CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine whether the… Read more »

The House Financial Services Committee on Thursday began its series of hearings on the impact the Dodd-Frank Act has had on consumers, financial markets and the U.S. economy over the five years since President Obama signed it into law. Thursday’s hearing focused on how the massive 2,300-page law and its 400 new… Read more »

  The House Financial Services Financial Institutions and Consumer Credit Subcommittee held a hearing Wednesday to examine how and why bank holding companies are designated as “systemically important financial institutions” (SIFIs) under the Dodd-Frank Act. A bank holding company is a company that owns or controls one of more U.S. banks or… Read more »

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 6th. Wednesday, July 8 at 1:00 P.M.- A Financial Institutions and Consumer Credit Subcommittee hearing to examine the designation and regulation of Bank Holding Company SIFIs. Witnesses: Harris Simmons, Chairman and Chief Executive… Read more »