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House Votes for Bipartisan Bill to Fix Dodd-Frank ‘Mistake’ on Gauging Risk
Dec 1, 2016
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WASHINGTON – The House passed bipartisan legislation on Thursday to better gauge and more accurately reflect the potential risks that financial institutions could pose to the economy. The bill, the Systemic Risk Designation Improvement Act, replaces an arbitrary threshold included in the Dodd-Frank ...
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WEEK IN REVIEW
Nov 18, 2016
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Committee Hears Testimony of SEC Chair Members of the Financial Services Committee questioned Securities and Exchange Commission (SEC) Chair Mary Jo White about the SEC’s agenda and budget request, a day after it was reported that Chair White plans to step down at the end of President Obama’s term. ...
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House Votes to Block U.S. Financing for Iran Aircraft Sales
Nov 17, 2016
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WASHINGTON – The House voted on Wednesday to block U.S. financing for the export of aircraft to Iran by a vote of 243-174. The bill approved by the House -- H.R. 5711 -- prohibits the Treasury Department from authorizing transactions by U.S. financial institutions related to airplane sales to Iran. ...
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Subcommittee Discusses Modernizing Appraisals to Benefit American Consumers
Nov 16, 2016
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WASHINGTON – The Housing and Insurance Subcommittee held a hearing on Wednesday to discuss necessary changes to the appraisal industry. “Appraisals are one of the cornerstones of the home-buying process. Issues that impact appraisers also impact nearly every American buying or selling a home, in rur...
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Hensarling Remarks to the Exchequer Club
Nov 16, 2016
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Financial Services Committee Chairman Jeb Hensarling (R-TX) Remarks to the Exchequer Club, Nov. 16, 2016 *As Prepared for Delivery Good afternoon, everyone. I’m Jeb Hensarling – and I approve this message. No, I think we’ve all had enough of that to last us for a while. Our long national nightmare ...
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Hensarling Opening Statement at SEC Oversight Hearing
Nov 15, 2016
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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Securities and Exchange Commission (SEC) Chair Mary Jo White: This morning we welcome Securities and Exchange Commission Chair Mary Jo White. I wi...
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Hensarling Statement on GAO Study of Stress Tests
Nov 15, 2016
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Media Advisory: Committee Hearing Schedule for the Week of November 14
Nov 10, 2016
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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of November 14: Tuesday, November 15 at 10:00 a.m. – U.S. Securities and Exchange Commission Chair Mary Jo White will testify before the Financial Services Committee regardi...
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House Voting to Prevent Sale and Export of U.S. Aircraft to Iran
Nov 10, 2016
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WASHINGTON -- The House next week is scheduled to consider a package of bills designed to prevent the sale of commercial aircraft to Iran, labeled by the U.S. State Department as the world’s leading state sponsor of terrorism. “These bills are part of a bipartisan effort to ensure that Iran does not...
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Unconstitutional CFPB comes under strong criticism for proposal to keep consumers “in the dark,” violate free speech rights
Oct 28, 2016
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"Legal experts warned the Consumer Financial Protection Bureau that its proposal to force companies under investigation to keep quiet about the probe might violate free speech rights." -The Wall Street Journal, 10/28/2016 "The proposed rule would keep investors, shareholders and the public in the d...
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