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What Successful Innovation in Housing Looks Like

| Posted in Member Corner

One of the witnesses at today’s committee hearing on the Future of Housing in America is Renee Glover, who has been actively involved in affordable housing for more than 30 years from several different vantage points:  the private sector, the public sector and the international non-government sector.  From nearly 20 years, she was CEO of the Atlanta Housing Authority. In…

Hensarling Opening Statement at Future of Housing in America Hearing

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine the Future of Housing in America and the Department of Housing and Urban Development (HUD) during its 50th anniversary year: In launching the War on Poverty, President Lyndon Johnson told us its purpose was, “not only to relieve the symptom of poverty but…

Chairman Hensarling’s Statement on Senate Banking Committee Action

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement today in response to the Senate Banking Committee’s markup of S. 1217, the Housing Finance Reform and Taxpayer Protection Act: "It is always good to see members of Congress working to move the complicated and contentious issue of housing finance reform forward. I’ve long said we cannot…

Chairman Hensarling Discusses Obama Administration’s Lack of Accountability, Transparency at Hearing with Treasury Secretary

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing with Treasury Secretary Jacob Lew: Secretary Lew, we welcome you back to the committee. We all hope on the state of the international finance system, we trust your testimony will prove insightful and forthright. I would note on his very first day in…

Chairman Hensarling Welcomes Announcement by Senators Johnson and Crapo

| Posted in Press Releases

Chairman Jeb Hensarling (R-TX) of the House Financial Services Committee, which passed the PATH Act in July 2013, released the following statement today regarding the announcement from Senator Tim Johnson (D-SD) and Senator Mike Crapo (R-ID) about their housing finance reform efforts: “As someone who has worked for years on the complicated and contentious issue of housing finance…

Chairman Hensarling Speaks During House Debate on Flood Insurance Bill

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor remarks on H.R. 3370: Click here to view Chairman Hensarling's remarks.   Mr. Speaker: Our nation is tragically going broke. Our national debt, which has skyrocketed under this president, is clearly by any measure on a dangerous and unsustainable path; a path that, if unaltered, will…

Financial Services Subcommittee Investigation Leads to Federal Probe of HUD

| Posted in In Case You Missed It

An internal federal probe has concluded that Maurice Jones, Virginia Gov. Terry McAuliffe’s new commerce secretary, improperly lobbied Congress while he was in the Obama administration last year. Mr. Jones, who was a deputy secretary at the U.S. Department of Housing and Urban Development, sent an email to more than 1,000 recipients — including 46 people at HUD — asking them to contact…

Weekly Rundown

| Posted in Member Corner

The House is in session Monday through Thursday this week. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for committee specific information as the week progresses.  Here's what's happening:  On Tuesday morning at 10 a.m., the Oversight & Investigations Subcommittee undertakes a general overview of disparate impact…