Federal Reserve Reform

  • Before You Leave The Swamp...
    Aug 4, 2017 - By James Freeman Aug. 4, 2017 Republican staff of the House Financial Services Committee have completed a legal analysis concluding there is sufficient basis for Congress to initiate contempt proceedings against Consumer Financial Protection Bureau Director Richard Cordray. The staff report, which m... More
  • Hensarling Remarks at U.S. Treasury Hearing
    Jul 27, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Treasury Secretary Steven Mnuchin on the State of the International Financial System: This morning the Committee welcomes Treasury Secretary Steven Mnuchin for... More
  • Full Committee Approves Bipartisan Bills
    Jul 25, 2017 - The House Financial Services Committee met on Tuesday to approve four bipartisan bills, including legislation aimed at creating a healthier economy and making the World Bank more accountable. “I thank all members of the committee on both sides of the aisle for working to bring these bills forward fo... More
  • Hensarling Commends Committee Members for Bipartisan Work
    Jul 25, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee meeting to consider proposed legislation: The committee meets today to consider five pieces of legislation, nearly all of which have earned bipartisan support and are lar... More
  • Chairman Hensarling Reacts to Ranking Member's Comment That 'Too Many Folks' Believe Community Banks Need Regulatory Relief
    Jul 25, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) reacted to comments made on Tuesday by the committee’s ranking member, Rep. Maxine Waters (D-CA), that overregulation of community banks is a myth “that too many folks have bought into”: “Some Democrats may deride small towns as ‘flyo... More
  • House Moves to Block CFPB’s Trial Attorneys Relief Act
    Jul 25, 2017 - The House voted 231-190 Tuesday to block a controversial rule by the Consumer Financial Protection Bureau (CFPB) that would benefit class action trial attorneys and harm consumers. Using authority provided under the Congressional Review Act (CRA), the resolution of disapproval also prevents the CFPB... More
  • House Republicans Introduce Resolution to Stop CFPB's Anti-Consumer Law
    Jul 20, 2017 - Today, Republicans on the House Financial Services Committee introduced a resolution of disapproval to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB) that benefits class action trial attorneys at the expense of consumers. H.J. Res 111, sponsored by Rep. Ke... More
  • Subcommittee Examines Impact of Monetary and Fiscal Policy on Price Stability and Economy
    Jul 20, 2017 - The Subcommittee on Monetary Policy and Trade held a hearing today to discuss the impact of monetary and fiscal policy on price stability and the economy. In particular, the hearing examined the interaction between U.S. fiscal policy and monetary policy decisions made by the Federal Open Market Comm... More
  • Sanctioning North Korea
    Jul 19, 2017 - The Subcommittee on Monetary Policy and Trade held a hearing today to discuss restricting North Korea’s access to financial services and examine ways to increase the ability of foreign countries to enforce North Korean sanctions. “Hovering over today’s hearing was not only a sense of urgency, but di... More
  • The Cost of Going Public
    Jul 18, 2017 - The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to examine the burden that federal corporate governance policies – particularly under the Sarbanes-Oxley and Dodd-Frank Acts – have on public companies, and to discuss ways to ease the unnecessary regulatory burdens... More