Press Releases

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  • House Passes 5 Financial Services Bills
    Jan 30, 2018 - The House of Representatives passed five bipartisan bills from the Financial Services Committee this week, all of which passed the Committee with unanimous support. “I’m glad to see these important Financial Services Committee bills pass the House. These bills will ease regulatory burdens, making it... More
  • Examining Fintech
    Jan 30, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to explore opportunities and challenges in the financial technology (“fintech”) marketplace in order to better understand how to properly regulate the industry while simultaneously ensuring that fintech companies and financial ... More
  • Committee Schedule for Week of January 29
    Jan 26, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of January 29: Tuesday, January 30 at 10:00 a.m. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing entitled “Examining Opportunities and Challenges in the... More
  • Hensarling Statement on CFPB Funding Request
    Jan 18, 2018 - House Financial Services Committee Chairman Jeb Hensarling (TX-05) released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) funding request letter to the Federal Reserve Board for the Second Quarter of Fiscal Year 2018, requesting $0. "It's refreshing to see ... More
  • Committee Advances 15 Bills
    Jan 18, 2018 - This week, the Financial Services Committee approved 15 bills on a wide range of topics including regulatory relief for community financial institutions, increased investment opportunities, improved access to financing for home buyers, greater consumer protection, and development of a national strat... More
  • House Passes World Bank Accountability Act
    Jan 17, 2018 - On Wednesday, the House voted to pass H.R. 3326, World Bank Accountability Act. This important piece of legislation – which makes a share of future World Bank appropriations contingent on reforms to the Bank’s International Development Association (IDA) – passed the Financial Services Committee with... More
  • Hensarling Applauds Mulvaney’s Call for Review of CFPB Practices, Payday Lending Rule
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement applauding the Consumer Financial Protection Bureau’s (CFPB) announcements that it is undertaking a sweeping review of agency actions and practices, and that it would revisit a controversial rule relatin... More
  • Hensarling Delivers Opening Statement at Committee Markup
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of 17 measures on Wednesday: 2017 was one of the most productive years on record for this committee. 12 full committee hearings, 54 subcommittee hearings, ... More
  • Subcommittee Examines Ways to Reform the Federal Reserve
    Jan 10, 2018 - The Subcommittee on Monetary Policy and Trade met today to further examine proposals to reform the Federal Reserve. Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the... More
  • Subcommittee Examines Legislation to Lift Regulatory Burden, Increase Consumer Choice
    Jan 9, 2018 - The Financial Institutions and Consumer Credit Subcommittee met today to examine the following pieces of legislation aimed at improving regulations for financial institutions: H.R. 1264, the Community Financial Institution Exemption Act H.R. 2683, the Protecting Veterans Credit Act of 2017 H.R. 4648... More