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  • Committee Schedule for Week of January 29
    Jan 26, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of January 29: Tuesday, January 30 at 10:00 a.m. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing entitled “Examining Opportunities and Challenges in the... More
  • ICYMI: The CFPB Has Pushed Its Last Envelope
    Jan 24, 2018 - By Mick Mulvaney January 23, 2018 When I arrived at the Consumer Financial Protection Bureau in November, I told employees that despite what they might have heard, I had no intention of shutting down the bureau. As members of the executive branch, we are charged with faithfully executing the law. Th... More
  • ICYMI: Quashing bureau's payday rule is a win for low-income Americans
    Jan 23, 2018 - By Gregory T. Angelo January 22, 2018 Under new leadership, the Consumer Financial Protection Bureau (CFPB) recently announced plans to reconsider the payday rule, which opens the door to repealing the burdensome regulation outright. A full repeal would be a massive win for American consumers. As i... More
  • Hensarling Statement on CFPB Funding Request
    Jan 18, 2018 - House Financial Services Committee Chairman Jeb Hensarling (TX-05) released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) funding request letter to the Federal Reserve Board for the Second Quarter of Fiscal Year 2018, requesting $0. "It's refreshing to see ... More
  • Committee Advances 15 Bills
    Jan 18, 2018 - This week, the Financial Services Committee approved 15 bills on a wide range of topics including regulatory relief for community financial institutions, increased investment opportunities, improved access to financing for home buyers, greater consumer protection, and development of a national strat... More
  • House Passes World Bank Accountability Act
    Jan 17, 2018 - On Wednesday, the House voted to pass H.R. 3326, World Bank Accountability Act. This important piece of legislation – which makes a share of future World Bank appropriations contingent on reforms to the Bank’s International Development Association (IDA) – passed the Financial Services Committee with... More
  • Hensarling Applauds Mulvaney’s Call for Review of CFPB Practices, Payday Lending Rule
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement applauding the Consumer Financial Protection Bureau’s (CFPB) announcements that it is undertaking a sweeping review of agency actions and practices, and that it would revisit a controversial rule relatin... More
  • ICYMI: The Swampland Republicans
    Jan 17, 2018 - The Swampland Republicans GOP Senators balk at even modest fixes in federal flood insurance. By the Editorial Board January 17, 2018 Texas, Florida and especially Puerto Rico are rebuilding after last year’s hurricanes, and for once Washington’s response includes more than a cash infusion. The Hous... More
  • Hensarling Delivers Opening Statement at Committee Markup
    Jan 17, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of 17 measures on Wednesday: 2017 was one of the most productive years on record for this committee. 12 full committee hearings, 54 subcommittee hearings, ... More
  • Subcommittee Examines Ways to Reform the Federal Reserve
    Jan 10, 2018 - The Subcommittee on Monetary Policy and Trade met today to further examine proposals to reform the Federal Reserve. Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the... More