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Ensuring Effectiveness, Fairness, and Transparency in Securities Law Enforcement
Jun 13, 2018
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The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to examine how the U.S. Securities and Exchange Commission’s (SEC) approach to enforcing Federal securities laws is complimentary to all three prongs of the SEC’s statutory mission to protect investors, to maintain...
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Committee Advances Six Bills
Jun 7, 2018
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This week, the Financial Services Committee approved six bills, bringing the total number of bills reported out of the Committee this Congress to 108. “These measures build on the regulatory relief recently passed by Congress to eliminate onerous Washington regulations that are stifling access to cr...
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Chairman Hensarling Delivers Opening Statement at Committee Markup
Jun 7, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of six measures on Thursday: Our nation’s economy continues to be the envy of the world. Our ability to average over 3% annual growth is both an enviable a...
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Hensarling Applauds Bureau Dismissal of PHH Case
Jun 7, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon news that the Bureau of Consumer Financial Protection (Bureau) is dismissing its case against PHH Corp. “Once again, Acting Director Mulvaney is doing what is needed to continue the agency’s transfo...
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Improving Transparency and Accountability at the Bureau of Consumer Financial Protection
Jun 6, 2018
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On April 2, 2018, the Bureau of Consumer Financial Protection (Bureau) issued its thirteenth semi-annual report to the President and Congress, which included a request by Acting Director Mick Mulvaney that Congress enact four changes to establish transparency and accountability at the Bureau. The Fi...
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Breaking Down Barriers to Help Homeless Children and Youth
Jun 6, 2018
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The Subcommittee on Housing and Insurance held a hearing today to review a legislative proposal to help break down barriers that prevent homeless children and youth from obtaining housing assistance and services through the Department of Housing and Urban Development (HUD). H.R. 1511, the “Homeless ...
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Chairman Hensarling Statement on Proposed Volcker Rule Changes
May 31, 2018
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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...
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ICYMI: The Art of a Banking Deal
May 24, 2018
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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...
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Chairman Hensarling Statement on Confirmation of McWilliams to Chair FDIC
May 24, 2018
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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...
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Chairman Hensarling Attends White House Signing Ceremony on Historic Pro-Growth Financial Regulatory Reform
May 24, 2018
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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...
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