Press Releases

In a strong bipartisan vote, the House on Wednesday approved legislation to ease some of the growing regulatory burden on Main Street businesses by a vote of 271-154. The legislation – the Promoting Job Creation and Reducing Small Business Burdens Act - is substantially identical to a bill that passed the House last September by a vote of 320-102, and many of its 11 titles passed the… Read more »

  CLICK HERE TO WATCH House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement this evening on the House floor in support of H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act. Mr. Speaker: For the sake of the American people, for… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today made the following comments about the Senate’s passage of House legislation to reauthorize the Terrorism Risk Insurance Act with reforms and the failure of an amendment offered by Senator Elizabeth Warren (D-MA) to remove an important bipartisan Dodd-Frank Act clarification from the bill. “This very same TRIA… Read more »

The House on Wednesday approved, by a vote of 416-5, a bipartisan, six-year reauthorization of the Terrorism Risk Insurance Act (TRIA) with taxpayer protection reforms and a clarification of a provision of the Dodd-Frank Act that is currently threatening jobs at Main Street businesses even though they had nothing to do with the 2008 financial crisis. The bill is the same bipartisan… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the House’s vote on H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act: “As today’s vote demonstrates, there is strong bipartisan support for this pro-jobs, regulatory relief bill.  It’s disappointing so many Democrats, who voted for these provisions just… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding reports that President Obama on Thursday will announce executive action to lower Federal Housing Administration (FHA) mortgage insurance premiums: “Such an action by the President would be a grave mistake that will end up hurting hardworking taxpayers.  It was just two years… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement about the House’s plan to vote this week on legislation to reauthorize the Terrorism Risk Insurance Act (TRIA): “Just last month, Democrats joined Republicans in the House to overwhelmingly pass bipartisan legislation 417-7 to reauthorize TRIA with taxpayer protection reforms.  The only… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning Federal Housing Finance Agency Director Mel Watt’s decision to begin payments from Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Magnet Fund: “In taking this action, Director Watt is making a grave mistake that harms hardworking taxpayers and violates both… Read more »

The House today will vote on legislation extending the Terrorism Risk Insurance Act (TRIA) for six years and include reforms designed to lessen the financial cost taxpayers would face in the event of a terrorist attack. The bill preserves several non-TRIA related pieces of legislation contained in the Senate bill as well as what House Democrats have previously described as a "technical… Read more »

  CLICK HERE TO WATCH The House on Wednesday approved 417-7 a bipartisan, six-year reauthorization of the Terrorism Risk Insurance Act (TRIA) with reforms to protect taxpayers and a clarification of the  Dodd-Frank Act to protect jobs at Main Street businesses that had nothing to do with the… Read more »