Subcommittee Examines Waste, Fraud, Abuse in HUD Spending Programs
| Posted in Press Releases
Members of the House Financial Services Oversight and Investigations Subcommittee today questioned the Department of Housing and Urban Development’s Inspector General about reducing waste, fraud, and abuse at HUD. Dodd-Frank's "Systemically Important" Designations and Orderly Liquidation Authority Raise Constitutional Questions
| Posted in Press Releases
Not only did the Dodd-Frank Act fail to end “Too Big to Fail,” its provisions regarding the designation of large firms as “systemically important” and the resolution of such firms may also be unconstitutional, the Oversight and Investigations Subcommittee heard from expert witnesses today. Chairman Hensarling Announces 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 July. Sunday Video Message | Rep. Patrick McHenry
| Posted in Member Corner
Oversight & Investigations Subcommittee Chairman Patrick McHenry delivers this week's Sunday Video Message. He discusses what we learned about the CFPB in this week's Financial Institutions and Oversight hearings. CFPB HQ Renovation Budget Tops $75,000... Per Employee
| Posted in Member Corner
On Tuesday, Members of the Oversight and Investigations Subcommittee examined the budget for the Consumer Protection Financial Bureau (CFPB) with the bureau's Chief Financial Officer. While the CFPB generally lacks oversight and accountability, one particular issue of concern raised at the hearing was the outrageously expensive planned renovation of the bureau's Washington… Chairman Hensarling Announces Remainder of Committee’s June Schedule
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule of hearings and markups for the last two weeks of June. Chairman Hensarling Announces New Subcommittee Assignments for Two Members
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Oversight & Investigations Subcommittee Hearing Examines "Too Big to Jail"
| Posted in Press Releases
Members of the House Financial Services Oversight and Investigation Subcommittee today questioned a witness from the Department of Justice about how the department decides which financial institutions are “too big to jail” and what information they rely upon to make such decisions. Oversight and Investigations Subcommittee Continues Review of ‘Too Big to Fail’
| Posted in Press Releases
The Oversight and Investigations Subcommittee continued its review of the Dodd-Frank Act’s failure to end “Too Big to Fail” with a hearing on Wednesday that focused on the Act’s bailout regime. Who is Too Big to Fail?: Hearing Examines if Dodd-Frank Authorizes the Break Up of Financial Institutions
| Posted in Press Releases
After two and half years, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have yet to clarify their authority under the Dodd-Frank Act to break up large financial institutions, leaving questions as to what their view of this authority is, the Financial Services Committee Oversight and Investigation Subcommittee learned at a hearing yesterday. Browse Documents by Date or Issue |
