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Hill: CFPB must be reined in

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By Congressman French Hill (R-AR)  Washington, D.C.'s idea of government may have changed, but the American people's has not. This is a significant observation I have made since returning to Washington after living and working for 25 years in central Arkansas. In Washington, accountability has gone from a focal point of governance to a relative afterthought. The rest of America…

Politico Pro: CFPB was late to Wells Fargo probe, letters suggest

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Unconstitutional CFPB ‘Asleep at the Wheel’ on Wells Fargo

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Los Angeles Times – Republicans Attack Consumer Financial Watchdog as They Push For His Firing Part of the GOP attack focused on the Wells Fargo case as they argued the watchdog agency “was asleep at the wheel” in identifying that the bank was creating unauthorized accounts and only got involved after the Los Angeles Times and Los Angeles City Attorney Feuer had uncovered the…

Washington's Worst Government Agency: The Consumer Financial Protection Bureau

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Independent Journal Review By: Richard Berman Washington, D.C. is known for many things: Majestic monuments, smoky steakhouses, and wasteful bureaucracy at its worst. From the Environmental Protection Agency's crippling regulations to the Pentagon's $125 billion boondoggle, the swamp is full of critters. But no government agency is creepier or crawlier than the Consumer Financial…

Time to Hold the CFPB Accountable

| Posted in Member Corner

Since I was first elected to Congress, I have fought to hold government agencies and Washington bureaucrats more accountable to Floridians and all Americans. Unfortunately, the Consumer Financial Protection Bureau (CFPB) continues to operate in a manner unaccountable to Congress, the president and American taxpayers. You don’t have to take my word on this. On October 11, 2016, the…

“Business as Usual at the CFPB Is Not Good for Consumers”

| Posted in Member Corner

As the following article from Real Clear Markets points out, the unaccountable and unconstitutional CFPB shows utter contempt for constitutional due process rights and tramples on the rule of law.  This abuse may grab headlines, but it does not achieve justice and ultimately harms the very consumers the Bureau is supposed to protect. “Prohibited by statute from regulating auto…

ICYMI: How We’ll Stop a Rogue Federal Agency

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By: Jeb Hensarling Wall Street Journal February 9, 2017 The Obama presidency placed no greater burden on America’s growth potential than the avalanche of regulations that smother the U.S. economic system. The most destructive and dangerous of the new regulatory bureaucracies created by the Democrat-dominated 111th Congress is the Consumer Financial Protection Bureau. The CFPB stands…

ICYMI: Community Banks Hopeful as Lawmakers Target Financial Rules

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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. NEW YORK — Community banks that can be vital to many small businesses are hopeful about…

Hensarling Remarks to the Exchequer Club

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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 is finally over:  the 2016 campaign.  Don’t worry; it will…

CFPB proposal ‘a restraint on free speech’

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