Skip to Content

Hensarling & Waters Unveil Bipartisan Capital Markets Reform Legislation

| Posted in Press Releases

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) announced today that they have reached an agreement on a package of strong, bipartisan capital-formation legislation to help America’s small businesses and entrepreneurs and to protect investors. The package, known as the “JOBS and Investor Confidence Act of 2018,” is…

Ensuring Effectiveness, Fairness, and Transparency in Securities Law Enforcement

| Posted in Press Releases

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 fair, orderly, and efficient markets, and to facilitate capital formation. This hearing…

Subcommittee Examines Cybersecurity of Consolidated Audit Trail

| Posted in Press Releases

WASHINGTON – The Subcommittee on Capital Markets, Securities and Investment held a hearing Thursday to examine the security of the Consolidated Audit Trail (CAT), a central repository for order and trading activity data. “The importance of cybersecurity cannot be overstated,” said Subcommittee Chairman Bill Huizenga (R-MI). “The ability … to safeguard non-public financial information…

Subcommittee Reviews Ideas to Ignite Economic Growth

| Posted in Press Releases

WASHINGTON - The Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises held a hearing today to review three legislative proposals to improve the struggling U.S. economy, which grew an abysmal 0.5 percent in the first three months of the year. “Despite the big promises that have come with granting vast…

Subcommittee Conducts Important SEC Oversight

| Posted in Press Releases

WASHINGTON – The Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing today with top officials of the Securities and Exchange Commission (SEC) to conduct oversight of their offices and divisions. “During much of the time when Congress has been accused of starving the SEC of the funds it…

WEEK IN REVIEW

| Posted in Press Releases

Holding Bureaucrats Accountable and Helping Main Street Grow Two committee priorities – holding Washington accountable and growing Main Street’s economy – were on the House floor this week in the form of Rep. Tom Emmer’s (R-MN) “Financial Stability Oversight Council Reform Act” and Rep. Mia Love’s (R-UT) regulatory relief bill for small community banks.  Both passed the House and now…

Subcommittee Examines Proposals to Grow the Economy and Create Jobs

| Posted in Press Releases

Two years after its passage, the bipartisan Jumpstart Our Business Startups Act (JOBS Act) is working, but more can be done to open capital markets to small businesses and emerging growth companies, witnesses told the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.  That is why today’s Subcommittee hearing focused on seven legislative…

Dodd-Frank Harming Global Competitiveness of U.S. Financial Institutions and Markets

| Posted in Press Releases

The cumulative weight of financial regulation – much of it stemming from the 2,300-page Dodd-Frank Act – will harm the global competitiveness of U.S. financial institutions and financial markets, witnesses told the House Financial Services Oversight and Investigations Subcommittee at a hearing today. “We live in an extremely competitive and dynamic global marketplace, and the United…

Weekly Rundown

| Posted in Member Corner

The House is in session Monday through Thursday this week. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for committee specific information as the week progresses.  Here's what's happening:  On Tuesday morning at 10 a.m., the Oversight & Investigations Subcommittee undertakes a general overview of disparate impact…