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  • Fixed Income Market Structure and the Impact on Capital and Job Growth
    Jul 14, 2017 - The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to review the fixed income market structure. The hearing and witness testimony provided the Subcommittee with the background and foundation to examine the optimal design of the fixed income market based on today’s m... More
  • Subcommittee Examines the Impact of the DOL Fiduciary Rule on the Capital Markets
    Jul 13, 2017 - The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to examine the impact of the DOL fiduciary rule on the capital markets. The primary focus of the hearing was to discuss the unintended consequences of the DOL fiduciary rule on the U.S. capital markets, the need for... More
  • Hensarling: Economic Growth Requires ‘Transparent Policy Strategy’ From Fed
    Jul 12, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Federal Reserve Chair Janet Yellen on monetary policy and the state of the economy: Since we last convened to take Chair Yellen’s testimony on monetary policy, there ha... More
  • CFPB Rule Will Harm Consumers But Thrill Trial Lawyers
    Jul 10, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding the Consumer Financial Protection Bureau's controversial rule to prevent companies from using arbitration clauses: “This bureaucratic rule will harm American consumers but thrill class action t... More
  • Hensarling Announces Fed Chair Yellen Semi-Annual Testimony Date
    Jun 29, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Federal Reserve Chair Janet Yellen will appear before the Committee on Wednesday, July 12 at 10 a.m. EDT to deliver the Federal Reserve’s semi-annual Monetary Policy Report to Congress and to discuss the state of the ec... More
  • Subcommittee Examines the BSA/AML Regulatory Compliance Regime
    Jun 28, 2017 - The Financial Institutions and Consumer Credit Subcommittee held a hearing today to examine the federal government’s anti-money laundering (AML) efforts under the Bank Secrecy Act (BSA). The primary focus of the hearing was to understand compliance challenges facing financial institutions, including... More
  • Committee Completes Markup of Bills to Reauthorize and Reform National Flood Insurance Program
    Jun 21, 2017 - The House Financial Services Committee met today to complete deliberation of and pass several measures to reform and reauthorize the National Flood Insurance Program (NFIP), which is set to expire on September, 30, 2017. “While we have a responsibility to provide certainty to the homeowners and smal... More
  • Committee Passes First Round of Flood Insurance Bills
    Jun 15, 2017 - The House Financial Services Committee met today to begin consideration of several measures to reform and reauthorize the National Flood Insurance Program (NFIP), which is set to expire on September 30, 2017. “We cannot continue to call on the American taxpayer to bailout a program that is currently... More
  • Hensarling: Voice of the Taxpayer Must Be Heard in Flood Insurance Debate
    Jun 15, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement today about the seven bills the committee is considering related to the National Flood Insurance Program: There are so many important voices in our debate today on the reauthorization of the N... More
  • Hensarling: Treasury Report Mirrors ‘Foundational’ Principles of Financial CHOICE Act
    Jun 14, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX), the sponsor of the Financial CHOICE Act, issued the following statement on the Treasury Department’s first report to President Trump on how to improve the U.S. financial regulatory system: “President Trump promised that his administr... More