Member Corner

From House Republican Conference: On Tuesday, the House Financial Services Committee convened a hearing examining our nation's debt and why it matters. Witnesses included David M. Cote, Chairman and CEO of Honeywell; Alice Rivlin, former Director of the Congressional Budget Office; and Douglas Holtz-Eakin, President of the American Action Forum. In this week’s Committee Spotlight,… Read more »

On Tuesday, the Financial Services Committee held a hearing on the threat posed by America’s rising national debt. Tuesday’s hearing was the first in a series of hearings the committee has planned to focus attention on the harmful impact the debt has on economic growth, jobs, national security, and the federal government’s ability to fund discretionary spending and entitlement… Read more »

CLICK HERE To mark Sunshine Week, Financial Services Committee Chairman Jeb Hensarling (Twitter | Facebook) delivers this week’s Sunday Video Message on the lack of transparency at the CFPB. Read more »

By Rep. John Campbell Chairman of the Subcommittee on Monetary Policy and Trade The Obama Administration is deliberately holding up economic assistance to Ukraine by trying to make permanent a temporary U.S. investment in the International Monetary Fund. The Administration is not being honest about what the IMF quota increase would actually mean for Ukraine, nor is it being… Read more »

The House is in session Tuesday through Friday this week. Here’s what’s happening: On Wednesday at 10:00 a.m. the Monetary Policy and Trade Subcommittee will hold a hearing to examine the Federal Reserve’s role in credit allocation. This hearing is part of the Committee’s Federal Reserve Centennial Oversight Project to bring accountability and transparency to the Federal Reserve. On… Read more »

…Wasting Millions on Office Renovations …Under Investigation …Closed Door Meetings …Shocking Report of Discriminatory Treatment …In Urgent Need of House-Approved Accountability, Oversight and Reform Bill American Banker, 3/6: CFPB Staff Evaluations Show Sharp Racial Disparities “CFPB managers show a pattern of ranking white employees distinctly better than minorities in… Read more »

6,778 total words. 40 words devoted to housing finance reform. 0 housing finance reform proposals from the Obama administration in 5 years 1 bill in Congress that protects taxpayers from ever again having to foot the bill for a housing crisis by ending the bailout of Fannie Mae and Freddie Mac and explicitly preserves the 30-year fixed rate… Read more »

The House is in session Monday through Wednesday this week. Here's what's happening:  On Tuesday at 10 a.m. the Full Committee will hold a hearing to receive the Semi-Annual Report of the Consumer Financial Protection Bureau (CFPB). CFPB Director Richard Cordray will be the only witness.  Commensurate with holding the CFPB accountable, our website now offers… Read more »

Welcome back for the Second Session of the 113th Congress. The House convenes on Tuesday with votes scheduled through Friday this week.   Here's what's happening:  On Thursday at 10 a.m. the Monetary Policy & Trade Subcommittee continues our Federal Reserve Oversight Project with a hearing on the international impacts of the Fed's quantitative easing… Read more »

WSJ Editorial | January 5, 2014 The prospects for progress on Capitol Hill this year are few, but one possibility is reform of federal housing policy. With home prices rising and the economy growing, now is a good time to pare back the government support that has too often led to unsustainable housing booms and taxpayer busts. Consider the… Read more »