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Media Advisory: Committee Schedule for the Week of March 13
Mar 13, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of March 13: Thursday, March 16 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Sound Monetary Policy.” The hearing will examine how the Federal ...
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WEEK IN REVIEW
Mar 10, 2017
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Committee Approves Bipartisan Capital Formation Bills The Full Committee approved six bipartisan capital formation bills on Thursday. “Top-down, Washington-driven policies have stacked the deck against small businesses. Excessive and outdated regulations give the biggest companies a competitive adva...
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Committee Approves Bipartisan Capital Formation Bills
Mar 9, 2017
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The House Financial Services Committee approved six bipartisan bills on Thursday, all of which are designed to help promote a healthier economy. “Top-down, Washington-driven policies have stacked the deck against small businesses. Excessive and outdated regulations give the biggest companies a compe...
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Subcommittee Takes First Step Towards Reforming, Reauthorizing National Flood Insurance Program
Mar 9, 2017
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Members of the Financial Services Housing and Insurance Subcommittee met on Thursday to examine the National Flood Insurance Program (NFIP) – which is set to expire on September 30th – and the significant reforms needed. “A timely reauthorization of the NFIP is the top priority of this subcommittee....
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Hensarling Statement on President Trump's Meeting with Community Bankers
Mar 9, 2017
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on President Trump’s meeting with community bankers to discuss the difficulties they have faced under the Dodd-Frank Act. “It is encouraging to have a president who is listening to the concerns of ...
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Media Advisory: Committee Hearing Schedule for the Week of March 6
Mar 3, 2017
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the Subcommittee on Housing and Insurance will hold a hearing on March 9 at 10 a.m. to examine the National Flood Insurance Program and potential reforms. All committee activity will take place in Room 2128 of the Rayburn Ho...
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WEEK IN REVIEW
Mar 3, 2017
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Report: FSOC Acts Inconsistently and Arbitrarily The House Financial Services Committee released a staff report on Tuesday which revealed that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too ...
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ICYMI: House Republicans draw bead on Dodd-Frank 'too big to fail' plan
Mar 1, 2017
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February 28, 2017 Pete Schroeder Reuters Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because they are deemed too big to fail. In a report released on Tuesday, Republican staff members of the Hous...
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ICYMI: House Financial Services Republicans slam FSOC in report
Mar 1, 2017
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February 28, 2017 By: Zachary Warmbrodt House Financial Services Committee Republicans said in a report released today that the Financial Stability Oversight Council's process for designating firms as "systemically important" was "arbitrary and inconsistent." Chairman Jeb Hensarling published the fi...
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Treasury Documents Reveal FSOC Designations of ‘Too Big to Fail’ Firms are Arbitrary and Inconsistent
Feb 28, 2017
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WASHINGTON – The House Financial Services Committee today released a staff report which reveals that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too big to fail.” Based on documents requested...
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