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ICYMI: Community Banks Hopeful as Lawmakers Target Financial Rules
Feb 8, 2017
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‘Overregulation has caused costs to go through the roof, many banks have been shut down and that has hit small businesses’ ‘We can’t afford to keep going the way we’re going’ By Joyce M. Rosenberg Associated Press Feb. 8, 2017 Small community banks say Dodd-Frank regulations too much of a burden. NE...
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Hensarling Remarks to the Exchequer Club
Nov 16, 2016
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Financial Services Committee Chairman Jeb Hensarling (R-TX) Remarks to the Exchequer Club, Nov. 16, 2016 *As Prepared for Delivery Good afternoon, everyone. I’m Jeb Hensarling – and I approve this message. No, I think we’ve all had enough of that to last us for a while. Our long national nightmare ...
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CFPB proposal ‘a restraint on free speech’
Oct 26, 2016
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Ransom?
Sep 6, 2016
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$400 million in cash stacked on wooden pallets carried in secret by an unmarked cargo plane on the same day four American prisoners were released from Iran. That’s what Chairman Sean Duffy and the Financial Services Oversight Subcommittee will be examining this Thursday, along with the impact of su...
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More Evidence Destroying the White House’s Spin on Dodd-Frank
Aug 19, 2016
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Just last week the White House was claiming that the crushing regulatory burden of the Dodd-Frank Act wasn’t harming community banks – not one bit. Community bankers, credit union leaders and small business owners told us that’s absolutely not true. Today’s report from Bloomberg (Headline: Bank Mer...
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Dear White House: Here's What Community Banks and Credit Unions Are Saying About Dodd-Frank
Aug 10, 2016
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Like Captain Renault, Americans are shocked – SHOCKED – that a report by the White House says a law supported by the White House doesn’t hurt community banks, no matter what. Well, over the last few years Republicans on the House Financial Services Committee have asked community bankers, credit uni...
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Democrats: Big on Rhetoric, Short on Facts
Jun 8, 2016
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Financial Services Committee Chairman Jeb Hensarling just rolled out the Financial CHOICE Act, a plan to replace the failed Dodd-Frank Act and grow the economy for all Americans. And, like clockwork, left wing Democrats found the nearest possible microphone to trot out stale talking points about “W...
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Arbitration vs. Litigation
May 18, 2016
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You’d be hard-pressed to find a consumer willing to pay more and wait longer only to receive a worse result. But that is what’s passing for consumer protection these days in the eyes of the CFPB and its new proposal to outlaw arbitration. For the non-lawyers in the room, arbitration is a form of di...
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9 Seinfeld GIFs Help Explain the "Fiduciary" Rule
Apr 7, 2016
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1. The Administration just published a rule to “protect consumers” which sounds great at first… 2. But then we realized that it’s 1,000 pages long. 1-0-0-0 pages… 3. And it doesn’t actually protect consumers at all. 4. The truth is this rule limits consumers’ choices and will make financial advice ...
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6 Photos from the Month of March
Apr 1, 2016
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The Debt Clock // Treasury Secretary Jack Lew testifies as the national debt continues to climb. The Hoosier // Rep. Luke Messer (R-IN) prepares to question a witness during a March hearing. The Gipper // Chairman Jeb Hensarling waits near a portrait of a young Ronald Reagan as he prepares to addre...
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