Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for next week. Tuesday, March 25 at 10 a.m. – The Financial Services Committee will hold the first of several planned hearings focused on the threat posed by America’s rising national debt.  Tuesday’s hearing will focus on “Why the Debt Matters.”  Additional hearings in… Read more »

Amid signs that the issue of deficits and debt have fallen off Washington's radar, House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced his committee is undertaking a series of in-depth hearings focused on the threat posed by America's rising national debt. “After having served on the House Budget Committee, the Simpson-Bowles Commission and the so-called… Read more »

To mark “Sunshine Week,” a national initiative launched by the media to promote open government, Financial Services Committee Chairman Jeb Hensarling (R-TX) is calling on CFPB Director Richard Cordray to end the bureau’s closed-door meeting policy for its four advisory councils. “Instead of operating behind closed doors, it’s time for the CFPB to live up to its oft-stated commitment to… Read more »

The House Financial Services Committee today passed five bills with bipartisan support to provide regulatory relief for America’s small businesses and community financial institutions. “We all know that creating jobs, hope and opportunity for the American people -- who have lost way too many jobs, way too much hope and way too much opportunity -- is still the number one job we have… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup:   CLICK TO WATCH … Read more »

The House Financial Services Monetary Policy and Trade Subcommittee held a hearing today to examine the Federal Reserve’s role in credit allocation as part of the committee’s Federal Reserve Centennial Oversight Project. The Federal Reserve’s exceptionally accommodative monetary policy through its Quantitative Easing (QE) program is enabling the government’s current fiscal extravagance… Read more »

Chairman Jeb Hensarling (R-TX) of the House Financial Services Committee, which passed the PATH Act in July 2013, released the following statement today regarding the announcement from Senator Tim Johnson (D-SD) and Senator Mike Crapo (R-ID) about their housing finance reform efforts: “As someone who has worked for years on the complicated and contentious issue of housing finance… Read more »

The cumulative weight of financial regulation – much of it stemming from the 2,300-page Dodd-Frank Act – will harm the global competitiveness of U.S. financial institutions and financial markets, witnesses told the House Financial Services Oversight and Investigations Subcommittee at a hearing today. “We live in an extremely competitive and dynamic global marketplace, and the United… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor remarks on H.R. 3370: Click here to view Chairman Hensarling's remarks.   Mr. Speaker: Our nation is tragically going broke. Our national debt, which has skyrocketed under this president, is clearly by any measure on a dangerous and unsustainable path; a path that, if unaltered, will… Read more »

The House passed the Consumer Financial Freedom and Washington Accountability Act (H.R. 3193) with bipartisan support yesterday to bring greater accountability and transparency to the powerful and uniquely unaccountable CFPB. VIDEO: Chairman Hensarling’s Floor Statement on H.R. 3193:  “Today, the CFPB is spending $145 million to renovate a $150… Read more »