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  • INFOGRAPHIC: The Government Housing Policy-Driven Fall of Fannie Mae & Freddie Mac
    Mar 7, 2013 - Many of the interest groups that directly benefit from large subsidizations in the housing market continue to state that Fannie and Freddie fell victim to the bad private market participants. This suggestion is completely false. It was government housing policy, coupled with loose money from the Fed... More
  • Bernanke Forced to Defend Fed's 'Easy-Money' Monetary Policy
    Mar 1, 2013 - "I believe… the economic challenges of our nation are fiscal in nature, not monetary. They cannot be solved by the Fed." – Chairman Jeb Hensarling "There seems to be…a lot of evidence out there that the benefits of the low interest rate and quantitative easing are accruing primarily to the federal g... More
  • INFOGRAPHIC: Why is FHA a 'high risk' government program?
    Feb 19, 2013 - On February 14, 2013 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”. More
  • Hearing Shows 'High Risk' FHA is a Threat to Hardworking Taxpayers
    Feb 15, 2013 - Just one day after the Financial Services Committee held its second hearing in as many weeks on the shaky finances of the Federal Housing Administration (FHA), the Government Accountability Office (GAO) announced it has added the FHA to its list of “High Risk” government programs. Every two years, G... More
  • JOBS Act is Working to Boost Economy
    Oct 22, 2012 - The bipartisan JOBS Act, which originated in the Financial Services Committee and was passed by Congress earlier this year, is working to boost the economy. A report in the Charlotte Observer notes that provisions of the act are helping community banks to trim regulatory costs and save money – money... More
  • We Listened: What Small Banks and Small Businesses Are Saying About the Dodd-Frank Act
    Oct 10, 2012 - Some Washington politicians and supposed media “fact checkers” have been falling over themselves the last few days busily defending the Dodd-Frank Act. But rather than rely on what the politicians and Beltway pundits think, Republicans on the House Financial Services Committee actually did somethin... More
  • Dodd-Frank Dilemma
    Aug 20, 2012 - By Rep. Blaine Luetkemeyer I was more than a little annoyed recently during a committee hearing with a government official who seemed intent on defending an agency created by the troubling Dodd-Frank Act that is more interested in navel gazing than helping our nation’s small businesses. During the h... More
  • Route 40 Tour
    Aug 16, 2012 - By Rep. Robert Hurt At a time when uncertainty from Washington has led us to nearly three-and-a-half years of more than 8 percent unemployment nationally, folks in Washington, D.C., are still calling for higher taxes and a bigger federal government that will only lead to more uncertainty. Just this ... More
  • The JOBS Act
    Aug 13, 2012 - One of the most significant accomplishments of the Financial Services Committee during the 112th Congress is passage of the JOBS Act. The Jumpstart Our Business Startups Act (JOBS Act) removes government barriers to job creation and economic activity. The JOBS Act, comprised of six bills that origin... More
  • Fact Check: Ranking Member Barney Frank Blaming House Republicans for Missed Dodd-Frank Deadlines
    Jul 27, 2012 - Rep. Barney Frank, Ranking Member of the Financial Services Committee, on Thursday responded to criticism that regulators have completed “less than half” of the 400 new regulations in the Dodd-Frank Act by blaming House Republicans for cutting the budgets of the Securities and Exchange Commission (S... More