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Committee Hearing Schedule for the Week of February 9th

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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for this week: Wednesday, February 11 at 10:00 A.M. - A full committee hearing with Housing and Urban Development Secretary Julian Castro to discuss the financial status of the Federal Housing Administration.  This hearing will take place in room HVC-210 of the House Visitors…

Subcommittee Examines Legal and Ethical Violations at HUD

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Senior officials at the Department of Housing and Urban Development (HUD) – some of whom were presidentially-appointed and Senate-confirmed – broke federal law and violated employment practices, according to investigators from HUD’s Office of Inspector General and the Government Accountability Office (GAO). In testimony today before the House Financial Services Subcommittee on Oversight…

Subcommittee to Examine Allegations of Wrongdoing at HUD

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Allegations that senior HUD officials violated federal law and obstructed investigators’ efforts to uncover potential wrongdoing will be discussed at tomorrow’s 10 a.m. hearing of the Financial Services Subcommittee on Oversight and Investigations. Both HUD’s inspector general and the Government Accountability Office (GAO) have recently investigated and reported on potential ethical…

Hensarling: Washington is Repeating Same Mistakes That Caused Financial Crisis

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  CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Federal Housing Finance Agency Director Mel Watt:   As Yogi Berra once famously said, “It's déjà vu all over again.” Memories are clearly…

Hensarling Statement on Committee’s Oversight Plan

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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s full committee markup to adopt the committee’s oversight plan for the 114th Congress.  The committee voted unanimously to approve the oversight plan: The rules of the House require each standing committee to adopt an oversight plan.  The Financial Services Committee meets…

Hensarling: Obama’s ‘Trickle Down’ Taxes Will Hurt Consumers

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Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in response to President Obama’s plan for higher taxes, including a new tax on lending: “Hardworking taxpayers deserve a path forward to financial independence, one that gives them more control over their finances.  Unfortunately, if President Obama has his way, hundreds of billions of…

Financial Services Holds Organizational Meeting, Announces Republican Subcommittee Assignments

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Today, the House Financial Services Committee held its organizational meeting for the 114th Congress to adopt its rules package. Chairman Hensarling announced subcommittee assignments for the committee’s Republican members and his full leadership team for the 114th Congress. “I look forward to working alongside my colleagues to pass laws that help grow the economy from Main Street up,…