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Chairman Hensarling Announces Hearing Schedule for March

| Posted in Press Releases

Chairman Jeb Hensarling today announced the Financial Services Committee’s schedule of hearings for the month of March.  Throughout the month, the committee will focus attention on the Federal Reserve’s conduct of monetary policy, the need for a sustainable housing finance system, regulatory burdens hindering economic growth, and ending “Too Big to Fail.” All hearings will take…

Chairman Hensarling Statement on FHA Being Added to "High Risk" List by GAO

| Posted in Press Releases
Tags: Subcommittee on Housing and Insurance

Financial Services Committee Chairman Jeb Hensarling released the following statement today after the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to fraud, waste, abuse and mismanagement or the need for transformation”.

Chairman Hensarling: "For us to have a healthy economy, we must put the nation on a sustainable fiscal path. And to have a sustainable fiscal path, we must also have a sustainable housing finance system. I have grave fears that FHA, as it is operating today, is an impediment to both."

| Posted in Press Releases
Tags: Full Committee, Subcommittee on Housing and Insurance

WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing titled “Bailout, Bust, or Much Ado About Nothing?: A Look at the Federal Housing Administration’s 2012 Actuarial Report.”