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  • Chairman Hensarling Statement on Proposed Volcker Rule Changes
    May 31, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement today after the Federal Reserve proposed to revise the Volcker Rule that heavily impacted markets, businesses, investors, and job creators. "Regardless of whether someone supports the Volcker Rule or w... More
  • ICYMI: The Art of a Banking Deal
    May 24, 2018 - May 23, 2018 Headlines portray Congress as a swamp of dysfunction, but the House on Tuesday showed that the parties and chambers can work together by passing a bipartisan Senate banking reform, 258-159. Notwithstanding its shortcomings, the bill is an important step away from excessive government c... More
  • Chairman Hensarling Statement on Confirmation of McWilliams to Chair FDIC
    May 24, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement today applauding the Senate’s confirmation of Jelena McWilliams to serve as Chair of the Federal Deposit Insurance Corporation (FDIC). “The FDIC plays an important role in creating an environment favor... More
  • Chairman Hensarling Attends White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform
    May 24, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a signing ceremony at the White House for S. 2155, which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a gen... More
  • The Future of Automobile Insurance in the Era of Autonomous Vehicles
    May 23, 2018 - The Housing and Insurance Subcommittee met today to examine the development of the autonomous vehicle and its effect on the future of automobile insurance. For the first time, emerging automobile technology is intersecting with the financial industry, changing the business of property and casualty i... More
  • Fueling Capital and Growth on Main Street
    May 23, 2018 - The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to review eleven legislative proposals to help fuel capital and growth on Main Street. The legislative proposals considered were: H.R. 5054, the “Small Company Disclosure Simplification Act of 2018,” introduced by ... More
  • Chairman Hensarling Statement on Confirmation of Montgomery as FHA Commissioner
    May 23, 2018 - House Financial Services Committee Chairman Jeb Hensarling released the following statement regarding Senate confirmation of Brian Montgomery for the dual role of Commissioner of the Federal Housing Administration (FHA) and Assistant Secretary for Housing at the Department of Housing and Urban Devel... More
  • Committee Advances Three Bills
    May 22, 2018 - This week, the Financial Services Committee approved three bills, bringing the total number of bills reported out of the Committee this Congress to 102. “These three important measures support the Committee’s continued efforts to increase housing mobility for low-income families, create opportunity ... More
  • House Passes Most Significant Pro-Growth Financial Regulatory Reform in Generation
    May 22, 2018 - Today, the House of Representatives voted 258-159 to pass the “Economic Growth, Regulatory Relief and Consumer Protection Act,” which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago. “For far too long, far... More
  • Groups Praise House Efforts in Regulatory Reform Package
    May 21, 2018 - In the years following the recent financial crisis, our community financial institutions have cited costly, burdensome, and one-size-fits-all Washington regulations as major roadblocks to their ability to grow and serve their customers. Over the past several months, the House of Representatives has ... More