Chairman Hensarling Announces Upcoming Committee Schedule
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of June. Obama Treasury Secretary: ‘We are overachieving on deficit reduction’
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During the first term of the Obama administration, our nation racked up four straight years of trillion dollar-plus deficits and as much debt as was accumulated in our first 200 years. Under President Obama, our national debt has increased by more than $6 trillion – the largest increase under any president in history. But according to President Obama's Treasury Secretary, Jack Lew, it’s… Three Things You Need to Know About The FSOC
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Tomorrow, Treasury Secretary Lew will deliver his annual report on the Financial Stability Oversight Council (FSOC). Here’s three things you need to know about FSOC: 1. The FSOC is failing to effectively monitor and mitigate systemic risk The Government Accountability Office (GAO) noted in an audit report to Congress in September 2012, the FSOC has “not developed a structure that… Chairman Hensarling Opening Statement at Today's Full Committee Markup
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Today the Committee will consider nine separate pieces of legislation. Two to amend the bipartisan JOBS Act, six to amend Title VII of the Dodd-Frank Act, and one to enhance the economic analysis performed by the Securities and Exchange Commission in carrying out its regulatory responsibilities. H.R. 742 Increases Global Swaps Market Transparency and Regulatory Corporation
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Congressman Bill Huizenga joined us during the markup of H.R. 742 to discuss swap derivatives and why they're important to a range of industries and businesses. Committee Will Follow the Law on CFPB Testimony
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Chairman Jeb Hensarling announced this week that the committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is legally installed as the CFPB Director. However, the committee will continue to conduct rigorous oversight of the CFPB, and has already invited CFPB officials to… Chairman Hensarling Outlines Steps for Sustainable Housing Policy
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing on regulatory impediments to the re-entry of private capital in the housing finance sector. The committee has been holding a series of hearings on the need to create a sustainable housing finance system: Chairman Hensarling Comments on Expected Taxpayer Bailout of FHA
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Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning the expectation in the President’s budget that the Federal Housing Administration (FHA) will require a nearly $1 billion taxpayer bailout this year: ICYMI: Hensarling Profile in Last Friday's WSJ
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By Patrick O'Conner WASHINGTON—During Jeb Hensarling's first congressional bid, a man at a campaign stop in Athens, Texas, asked the Republican if he was "pro-business." "No," the candidate replied, drawing curious stares from local business leaders who had gathered to hear him speak, a former Hensarling aide recalled. "I'm not pro-business.… Committee Addresses FHFA, Community Banking
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FHFA In 2008, Fannie Mae and Freddie Mac, the two giant government sponsored entities which helped fuel the housing bubble, received the largest bailout in U.S. history. Serving as Acting Director of the Federal Housing Finance Agency (FHFA), Edward DeMarco has been tasked with managing the GSEs’ mortgage portfolio and protecting taxpayers from future… Browse Documents by Date or Issue |
