Skip to Content

Subcommittee Discusses Bipartisan Bills to Fix Dodd-Frank Derivatives Provisions, Strengthen SEC Accountability

| Posted in Press Releases

Bipartisan measures to fix unintended consequences of derivatives provisions in the Dodd-Frank Act and to require the Securities and Exchange Commission (SEC) to conduct cost-benefit analyses of regulations were discussed during a hearing today of the Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.

Subcommittee Hearing Examines Regulatory Burden on Credit Unions

| Posted in Press Releases

The regulatory burden stemming from the confusing, complex and voluminous rules and regulations mandated by the Dodd-Frank Act are having a harmful effect on credit unions’ ability to serve their customers, according to industry experts testifying at today’s House Financial Services Committee Financial Institutions Subcommittee hearing.

Hensarling Announces April Hearing Schedule

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for April.  Throughout the month, the committee will continue its focus on creating a sustainable housing finance policy, relieving the regulatory burden on small community financial institutions, and ending “Too Big to Fail.” So far this year the committee has held five…

More Regulations, Fewer Community Banks Due to Dodd-Frank

| Posted in Press Releases

Nearly three years after the enactment of the Dodd-Frank Act, community banks continue to struggle with navigating the confusing, complex, voluminous, and harmful rules and regulations of this law according to a recent report from the Federal Deposit Insurance Corporation (FDIC) reviewed at today’s Financial Institutions Subcommittee hearing.

GAO Report: Dodd-Frank Regulators Failing to Carry Out Missions, Operate with Little Accountability and Transparency

| Posted in Press Releases

Nearly three years after enactment of the Dodd-Frank Act, two powerful regulators created under the law are not fulfilling their missionsand operate far from the public’s eye, according to a Government Accountability Office (GAO) report reviewed at aFinancial Services Oversight and Investigations Subcommittee hearing today.