Federal Reserve Reform

  • House Passes Four Bipartisan Financial Services Bills
    Mar 6, 2018 - WASHINGTON – Today, the House of Representatives passed four bipartisan bills from the Financial Services Committee, including legislation to address the burden that unnecessary, duplicative, and outdated regulations have imposed on our community financial institutions. “I’m pleased to see these wid... More
  • Crapo, Hensarling File Amicus Brief in Support of CFPB Acting Director Mulvaney
    Mar 2, 2018 - WASHINGTON – Today, 38 Senators and 75 Representatives, led by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and House Financial Services Committee Chairman Jeb Hensarling (R-Texas), filed an amicus brief in support of Acting Director Mulvaney and the President’s authority to designate an A... More
  • Committee Schedule for Week of March 5
    Mar 2, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of March 5: Tuesday, March 6, 2018 at 10:00 AM – The House Financial Services Committee will hold a markup to adopt its views and estimates for the Fiscal Year 2019 Budget Resolution. We... More
  • House Passes Bill to Ease Unnecessary Regulation for Financial Institutions
    Feb 27, 2018 - Today the House voted 245-169 to pass a bill that addresses the burden that unnecessary operational capital requirements have imposed on financial institutions. H.R. 4296 utilizes a methods-based approach to modify operational capital standards while also ensuring strong and healthy financial instit... More
  • Hensarling Welcomes Powell for First Monetary Policy Hearing
    Feb 27, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Federal Reserve Chairman Jerome Powell on monetary policy and the state of the economy: Notwithstanding the greatest monetary and fiscal stimulus in our nation’s histor... More
  • DATE CHANGE: Fed Chairman Powell Semi-Annual Testimony Date
    Feb 23, 2018 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that, due to changes to the House schedule, Federal Reserve Chairman Jerome Powell will now appear before the Committee on Tuesday, February 27 at 10 a.m. ET to deliver the Federal Reserve’s semi-annual Monetary ... More
  • Hensarling: Treasury Report ‘Inconsistent’ With President’s Core Principle on Dodd-Frank Bailouts
    Feb 21, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about the Treasury Department’s report to the President on Orderly Liquidation Authority: Although I have been pleased or even excited about Treasury’s previous reports, this one disappoints. In hi... More
  • Hensarling Demands Watt Explain GSE Payments
    Feb 16, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt on Friday demanding an explanation for his decision to continue payments to the Housing Trust Fund and Capital Magnet Fund (the Funds) in the wake of Fannie Mae ... More
  • Protecting Small Business Access to Credit
    Feb 15, 2018 - The Financial Services Subcommittee on Financial Institutions and Consumer Credit held a hearing today on a common practice – known as “de-risking” – that has limited the ability of legitimate small businesses to access credit. “De-risking” occurs when a financial institution terminates relationship... More
  • Subcommittee Examines Legislative Proposals to Benefit Main Street Investors
    Feb 15, 2018 - The Subcommittee on Capital Markets, Securities and Investments met yesterday to examine legislative proposals that would provide greater economic opportunity for derivatives end-users, which represent main street businesses of all kinds that are seeking to manage their commercial and operational da... More