-
House Moves to Block CFPB’s Trial Attorneys Relief Act
Jul 25, 2017
-
The House voted 231-190 Tuesday to block a controversial rule by the Consumer Financial Protection Bureau (CFPB) that would benefit class action trial attorneys and harm consumers. Using authority provided under the Congressional Review Act (CRA), the resolution of disapproval also prevents the CFPB...
More
-
ICYMI: Dodd-Frank Has Held Down the US Economy for Too Long
Jul 21, 2017
-
July 20, 2017 By Jeb Hensarling Carefree, Arizona—population 3,363—is 2,400 miles from Wall Street. But that’s still not far enough away to escape the harm caused by Democrats’ supposed “Wall Street reform” known as the Dodd-Frank Act, which was signed into law seven years ago this month. According ...
More
-
House Republicans Introduce Resolution to Stop CFPB's Anti-Consumer Law
Jul 20, 2017
-
Today, Republicans on the House Financial Services Committee introduced a resolution of disapproval to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB) that benefits class action trial attorneys at the expense of consumers. H.J. Res 111, sponsored by Rep. Ke...
More
-
Subcommittee Examines Impact of Monetary and Fiscal Policy on Price Stability and Economy
Jul 20, 2017
-
The Subcommittee on Monetary Policy and Trade held a hearing today to discuss the impact of monetary and fiscal policy on price stability and the economy. In particular, the hearing examined the interaction between U.S. fiscal policy and monetary policy decisions made by the Federal Open Market Comm...
More
-
Hensarling: Dodd-Frank Anniversary Nothing To Celebrate
Jul 20, 2017
-
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX), the sponsor of the Financial CHOICE Act, released the following statement on the anniversary of the Dodd-Frank Act becoming law: This week marks Dodd-Frank’s seventh anniversary, but the only thing to celebrate is that C...
More
-
Sanctioning North Korea
Jul 19, 2017
-
The Subcommittee on Monetary Policy and Trade held a hearing today to discuss restricting North Korea’s access to financial services and examine ways to increase the ability of foreign countries to enforce North Korean sanctions. “Hovering over today’s hearing was not only a sense of urgency, but di...
More
-
The Cost of Going Public
Jul 18, 2017
-
The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to examine the burden that federal corporate governance policies – particularly under the Sarbanes-Oxley and Dodd-Frank Acts – have on public companies, and to discuss ways to ease the unnecessary regulatory burdens...
More
-
Subcommittee Continues Work to Combat Terror Financing
Jul 18, 2017
-
The Terrorism and Illicit Finance Subcommittee held a hearing today to examine the terror and illicit financing risks that are inherent in asset transfers – specifically remittances and money transfers. “The size and complexity of the financial system in the United States means any financial institu...
More
-
Fixed Income Market Structure and the Impact on Capital and Job Growth
Jul 14, 2017
-
The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to review the fixed income market structure. The hearing and witness testimony provided the Subcommittee with the background and foundation to examine the optimal design of the fixed income market based on today’s m...
More
-
Hensarling Responds to Recent Deluge of Action by CFPB
Jul 14, 2017
-
WASHINGTON – House Financial Services Chairman Jeb Hensarling (R-TX) issued the following statement today regarding the ever-growing list of actions, rules and regulations coming out of the CFPB over the last week – including finalization of updates to its “Know Before You Owe” mortgage disclosure r...
More
|