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Weekly Rundown

| Posted in Member Corner

The House is in session Monday through Thursday this week and will consider one Financial Services Committee bill. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for additional information throughout the week.  Here's whats happening:  On Wednesday at 10 a.m. the Financial Institutions and Consumer Credit Subcommittee will…

Who Protects Consumers from the Consumer Financial Protection Bureau?

| Posted in Member Corner

Update 11/18/13: The full committee will consider six bills to reform the CFPB on Wednesday.  Next week the Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Protection Bureau (CFPB). As Chairman Hensarling has pointed out, the…

Chairman Hensarling Announces October Hearing Schedule

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of October.  October 1 at 10:00 A.M. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Protection…

Sunday Video Message | Rep. Sean Duffy

| Posted in Member Corner

Financial Institutions & Consumer Credit Subcommittee Vice Chairman Sean Duffy (Twitter | Facebook) delivers this week's Sunday Video Message on our recent hearing with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and his own legislation to curb the CFPB's collection of Americans' personal financial data.

Fact Finding: 11 Hearings on Sustainable Housing Finance Reforms in 2013

| Posted in Member Corner

UPDATE: After releasing details of the PATH Act, the full committee held a hearing entitled “A Legislative Proposal to Protect American Taxpayers and Homeowners by Creating a Sustainable Housing Finance System” on July 17, 2013, bringing the total to 12 hearing and more than 50 witnesses on this subject since January. We've blogged before about the importance of…

Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance System

| Posted in Press Releases

Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system.

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