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  • House Approves Financial CHOICE Act to Boost Economy, End Bank Bailouts and Toughen Penalties for Fraud
    Jun 8, 2017 - The House on Thursday passed the Financial CHOICE Act, legislation to overhaul and replace the failed Dodd-Frank Act that has contributed to the worst economic recovery of the last 70 years. “Every promise of Dodd-Frank has been broken,” said Financial Services Committee Chairman Jeb Hensarling (R-T... More
  • Chairman Hensarling’s Statement on the Financial CHOICE Act and Service Members
    Jun 7, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement concerning the Financial CHOICE Act and consumer protections for service members: “True consumer protection comes from competitive, transparent and innovative markets that are vigorously policed for fr... More
  • House to Vote on Financial CHOICE Act Next Week
    Jun 2, 2017 - The House will consider legislation next week to end bank bailouts, promote economic growth and provide desperately needed regulatory relief for community banks and credit unions. The bill – H.R. 10, the Financial CHOICE Act – is the Republican alternative to the failed Dodd-Frank Act which has cont... More
  • Chairman Hensarling Reacts to Decision on Fiduciary Rule
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding today’s decision by the Department of Labor on the controversial fiduciary rule: “I was there in the Oval Office when President Trump signed his Presidential Memorandum on the Obama administrat... More
  • Chairman Hensarling's Statement on President's Budget Proposal
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on President Trump's Fiscal Year 2018 budget proposal: “The higher taxes, spending and borrowing that were the pillars of Obamanomics brought us the weakest economic recovery in our lifetimes, stagnant p... More
  • CBO Destroys Democrat Talking Point Against Financial CHOICE Act
    May 22, 2017 - The non-partisan, independent Congressional Budget Office (CBO) exposed the Democrats’ top talking point against the Financial CHOICE Act for the lie it is. “Democrats have sought to portray the legislation as a giveaway to big banks,” the Washington Examiner notes, yet the CBO reports that “the big... More
  • Subcommittee Evaluates Lessons from the IMF's Bailout of Greece
    May 18, 2017 - The Monetary Policy and Trade Subcommittee held a hearing on Thursday to evaluate lessons from the International Monetary Fund's (IMF) bailout of Greece in 2010 and 2012. “With Greece’s economy again officially in recession and discussions underway for a third IMF bailout, it is clear from today’s h... More
  • Cordray Appearance Shows Democrats Use CFPB as 'Political War Machine'
    May 17, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about CFPB Director Richard Cordray’s decision to attend House Democrats’ weekly caucus meeting today: “Everyone knows Mr. Cordray will likely leave the CFPB soon and pursue political office in Ohio agai... More
  • The Article the New York Times Doesn't Want You to Read: The Financial CHOICE Act Ends Bank Bailouts
    May 16, 2017 - *Note: This was written in response to a column that appeared recently in the New York Times. The Chairman's response was submitted to the newspaper, which refuses to publish it. By Jeb Hensarling Far from ending bailouts, the Dodd-Frank Act institutionalized them and made them a permanent fixture o... More
  • Democrats Join Wall Street CEOs in Defending Dodd-Frank
    Apr 28, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Democrats’ “Minority Hearing Day”: "Barack Obama is pocketing $400,000 for a Wall Street speech and Professor Warren is joining Wall Street CEOs in defending Dodd-Frank.... More