Press Releases

At today’s Financial Services Committee hearing marking the four-year anniversary of the Dodd-Frank Act, former Committee Chairman Barney Frank proclaimed, as he has on many prior occasions, that the law that bears his name created “death panels” for large financial institutions, which he claims will be “terminated” in the event that they reach the point of failure.  Yet as… Read more »

While some media attention has focused on one particular witness who will appear at Wednesday’s Financial Services Committee hearing to assess the Dodd-Frank Act on its 4th anniversary, others will be testifying about the realities of Dodd-Frank. Wednesday’s hearing will feature four witnesses from across the country who will discuss the real world harm Dodd-Frank is having on… Read more »

Financial Services Committee Jeb Hensarling (R-TX) today responded to claims being made by supporters of the Export-Import Bank about Ex-Im and small businesses: “For political purposes, Ex-Im is desperately trying to portray itself as a friend of small business.  But Ex-Im backs exports for less than one percent of one percent of America’s small businesses.  Just 0.009 percent… Read more »

July 21, 2014 Report: Dodd-Frank Act Does Not End Too Big to Fail But Perpetuates It as Official Policy WASHINGTON - House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) today released a committee staff report that concludes the Dodd-Frank Act did not end “too big to fail” as the law’s supporters… Read more »

CLICK HERE TO WATCH   In this week's FSC Video Message, watch Rep. Blaine Luetkemeyer (Twitter|Facebook) discuss H.R. 4986, the End Operation Choke Point Act. The bill is designed to put an end to government attempts to shut down entire portions of the private sector based on what… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 21st: Wednesday, July 23 at 10:00 A.M.- A full committee hearing to assess the impact of the Dodd-Frank Act four years after it was signed into law. During an interview on CNBC’s Squawk on the Street yesterday regarding Dodd-Frank’s upcoming fourth… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today made the following comments about the Senate’s passage of legislation to reauthorize the Terrorism Risk Insurance Program without meaningful reforms.  The Financial Services Committee passed a pro-reform bill – the TRIA Reform Act – on June 19: “The House has passed dozens of jobs bills that the Senate has completely… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Federal Reserve Chair Janet Yellen on monetary policy and the state of the economy: CLICK HERE TO WATCH We welcome Chair Yellen for another… Read more »

Financial Services Committee Jeb Hensarling (R-TX) today delivered a speech at a conference sponsored jointly by the Mercatus Center and the CATO Institute on the Dodd-Frank Act.  The following is the text of that speech as prepared for delivery: It’s an honor to be here speaking at this event sponsored by two of the nation’s most prestigious and highly-regarded free market think… Read more »

Two House Financial Services subcommittees will hold hearings on Tuesday to examine the Department of Justice’s “Operation Choke Point” and to discuss proposals that reduce the excessive federal regulatory burden. On Thursday, a third subcommittee will hold a hearing on matters related to court judgments against the Colombian terror group FARC for actions taken against Americans in… Read more »