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The Article the New York Times Doesn't Want You to Read: The Financial CHOICE Act Ends Bank Bailouts
May 16, 2017
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*Note: This was written in response to a column that appeared recently in the New York Times. The Chairman's response was submitted to the newspaper, which refuses to publish it. By Jeb Hensarling Far from ending bailouts, the Dodd-Frank Act institutionalized them and made them a permanent fixture o...
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Committee Approves Financial CHOICE Act to End Bank Bailouts, Promote Economic Growth
May 4, 2017
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Legislation to end bank bailouts, toughen penalties for wrongdoing on Wall Street, promote economic growth, and provide desperately needed regulatory relief for small community banks and credit unions passed the House Financial Services Committee 34-26 today. The legislation – the Financial CHOICE A...
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Hensarling: Financial CHOICE Act Ends Bailouts
May 2, 2017
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s markup of H.R. 10, the Financial CHOICE Act of 2017. The Financial CHOICE Act is the Republican alternative to the failed Dodd-Frank Act. The Financial CHOICE Act ends ...
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ICYMI: Hensarling on Sunday Morning Futures
May 1, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) joined Maria Bartiromo on Fox News to discuss the Republican plan to end bailouts and create economic opportunity for all Americans. On the Dodd-Frank mistake: "They promised us it would lift the economy, instead we're mired in the slowest,...
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House Approves Bipartisan Financial Services Bills
May 1, 2017
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The House on Monday passed three financial services bills with overwhelming bipartisan support. H.R. 910, the ‘‘Fair Access to Investment Research Act of 2017” Reps. French Hill (R-AR) and Bill Foster (D-IL) introduced H.R. 910, which directs the Securities and Exchange Commission (SEC) to provide a...
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Democrats Join Wall Street CEOs in Defending Dodd-Frank
Apr 28, 2017
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Democrats’ “Minority Hearing Day”: "Barack Obama is pocketing $400,000 for a Wall Street speech and Professor Warren is joining Wall Street CEOs in defending Dodd-Frank....
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The Financial CHOICE Act
Apr 28, 2017
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When Democrats passed Dodd-Frank, they claimed it would "lift the economy." Instead Americans got the slowest, weakest recovery in 70 years. They promised it would end taxpayer-funded bailouts. Instead it enshrined bailouts into law. They promised it would make our system safer, but today the big b...
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Subcommittee Examines Ways to Stem the Flow of Illicit Financing
Apr 27, 2017
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WASHINGTON – The Financial Services Subcommittee on Terrorism and Illicit Finance held a hearing Thursday to examine information sharing and data collection practices at the Financial Crimes Enforcement Network (FinCEN) and assess how the process and coordination could be improved. “Today, most of u...
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Hensarling Introduces Financial CHOICE Act
Apr 26, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today formally introduced the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act which has contributed to the slowest economic recovery since World War II. The Financial CHOICE Act, H.R. 10, will end taxpayer-fund...
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Hensarling: America has struggled for too long
Apr 26, 2017
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s meeting to examine the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act: It has been almost seven years since the passage of the Dodd-Frank Act. We...
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