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  • Consumers Win As Congress Overturns Unconstitutional Bureaucracy’s Harmful Rule
    Oct 25, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the Senate's vote to reject the CFPB’s rule to deprive consumers of a low-cost, easy way to resolve legal disputes without having to hire trial lawyers: “This is a victory for consumers, a defeat for the... More
  • House Approves Bipartisan Financial Services Bills
    Oct 24, 2017 - The House on Tuesday passed two financial services bills with overwhelming bipartisan support. H.R. 3898, the Otto Warmbier North Korea Nuclear Sanctions Act Sponsored by Rep. Andy Barr (R-KY), the Otto Warmbier North Korea Nuclear Sanctions Act would impose secondary financial sanctions against Nor... More
  • Chairman Hensarling Delivers Opening Statement at Hearing on HUD
    Oct 12, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Housing and Urban Development Secretary Ben Carson: Today we welcome the 17th Secretary of the Department of Housing and Urban Development, Dr. Ben Carson for h... More
  • Committee Advances 22 Bills Forward for House Consideration
    Oct 12, 2017 - WASHINGTON – The Financial Services Committee on Thursday approved 22 bills, largely bipartisan and largely aimed at helping smaller banks, credit unions, and emerging growth companies. Chairman Hensarling (R-TX) told committee members the bills will promote access to capital, reduce the regulatory ... More
  • Chairman Says Measures ‘Help Build a Healthier, More Robust Economy’
    Oct 11, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following open statement as the committee began considering 23 bills on Wednesday: Our committee has been very active and productive since the start of the 115th Congress and today we continue that trend as we co... More
  • Committee Schedule for Week of Oct. 9
    Oct 6, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of October 9: Wednesday, October 11 at 10:00 a.m. – The committee will meet to consider the following bills: · HR 477, the “Small Business Mergers, Acquisitions, Sales, and Brokerage Sim... More
  • Consumers Need National Standards for Data Security and Breach Notification
    Oct 5, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine the Equifax data breach: On September 7, Equifax announced what it called a “cybersecurity incident” at its business that potentially affects 145 million ... More
  • Committee Encouraged by SEC's Commitment to Help Small Business
    Oct 4, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to review the Securities and Exchange Commission’s agenda, operations and budget: This morning we welcome Securities and Exchange Commission Chairman Jay Clayton for... More
  • Hensarling: Congress Must Tackle Housing Finance Reform
    Oct 3, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening remarks at today’s hearing on sustainable housing finance reform: Today we welcome back our former colleague and committee member Mel Watt, the Director of the Federal Housing Finance Agen... More
  • Examining the Availability vs. Reliability of Insurance for Non-Profit Organizations
    Sep 28, 2017 - Today the Subcommittee on Housing and Insurance held a hearing to examine insurance for non-profit organizations. The purpose of this hearing was to evaluate the availability of property insurance coverage for non-profit organizations and address whether Risk Retention Groups (RRGs) should be grante... More