Federal Reserve Reform

  • House Passes 8 Financial Services Bills
    Jul 10, 2018 - The House of Representatives passed eight bipartisan bills from the Financial Services Committee today, all of which have passed the Committee with unanimous support. “I’m pleased to see these important Financial Services Committee measures pass the House today and applaud the hard work of their spo... More
  • Hensarling Supports Bureau Acting Deputy Director Pick
    Jul 9, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement after Bureau of Consumer Financial Protection (the Bureau) Acting Director Mick Mulvaney announced that Brian Johnson has been selected for the role of Acting Deputy Director: “I’m pleased to hear that Brian... More
  • Hensarling Applauds SEC for Easing Regulations on Small Companies
    Jun 28, 2018 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued this following statement today after the Securities and Exchange Commission (SEC) passed a rule easing regulations by expanding the definition of “smaller reporting company:” In a challenging global economy, our ca... More
  • Hensarling: House CFIUS Bill Consistent with President’s Call to Action on Foreign Investment
    Jun 27, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued this following statement today in response to President Trump’s announcement that the Administration will use the Committee on Foreign Investment in the U.S. (CFIUS) to examine and take any needed action regarding foreign inves... More
  • Chairman Hensarling Delivers Opening Statement at Hearing with HUD Secretary Ben Carson
    Jun 27, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson: As we all know, HUD was established almost 50 years ago. When it was establish... More
  • House Passes Foreign Investment Reform Bill
    Jun 26, 2018 - The House of Representatives today passed the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) by a strong bipartisan vote of 400-2. “This bill is a comprehensive reform of the Committee on Foreign Investment in the United States (CFIUS) - the first update of its kind in over a deca... More
  • Ensuring Oversight, Accountability in HUD’s Approach to Lead-Based Paint and Mold Remediation
    Jun 26, 2018 - The Housing and Insurance Subcommittee met today to examine how the U.S. Department of Housing and Urban Development’s (HUD) programs manage and remedy unsafe living conditions caused by lead-based paint and mold for many individuals and families living in public and subsidized housing. “This hearin... More
  • Examining the International and Domestic Implications of De-Risking
    Jun 26, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to examine the key drivers of de-risking, the practice of financial institutions terminating relationships deemed “high risk” clients in an effort to minimize compliance risk exposure. High risk entities include many legitimate... More
  • Hensarling Statement on Court Finding Bureau of Consumer Financial Protection Unconstitutional
    Jun 21, 2018 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s federal court ruling that the structure of the Bureau of Consumer Financial Protection (Bureau) is unconstitutional: Today is a good day for democracy, economic freedom, due process, ... More
  • Committee Advances Three Bills
    Jun 21, 2018 - This week, the Financial Services Committee approved three bills aimed at improving capital markets and increasing opportunities for Main Street investors. “If we want to truly sustain long-term 3% economic growth then we must find ways to reduce regulatory burdens on our capital markets, which are ... More