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Chairman Hensarling Delivers Opening Statement at Hearing with the Federal Reserve Chairman

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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the Federal Reserve Chairman Jerome Powell on monetary policy and the state of the economy:                  As we meet today, thanks to the fiscal policies of the Trump Administration and this Congress,…

Hensarling & Waters Unveil Bipartisan Capital Markets Reform Legislation

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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…

Chairman Hensarling Delivers Opening Statement at Hearing with Treasury Secretary Mnuchin

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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin:                  Whether you’re looking at unemployment, disposable family income, GDP, small business optimism, you name it, it is clear that…

Chairman Hensarling Delivers Opening Statement at Hearing with HUD Secretary Ben Carson

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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson: As we all know, HUD was established almost 50 years ago. When it was established, President Johnson said it was essential to the war on poverty, but unfortunately, 50…

Committee Advances Three Bills

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This week, the Financial Services Committee approved three bills aimed at improving capital markets and increasing opportunities for Main Street investors. “If we want to truly sustain long-term 3% economic growth then we must find ways to reduce regulatory burdens on our capital markets, which are vital to job creation and innovation,” said Committee Chairman Jeb Hensarling (R-TX).…

Chairman Hensarling Delivers Opening Statement at Hearing with SEC Chairman Jay Clayton

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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) Chairman Jay Clayton: I think we all know that the SEC has a well-established three part mission, to include investor protection, the maintenance of fair, orderly, and efficient markets, and the promotion of…

Committee Advances Four Bills

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This week, the Financial Services Committee approved four bills, bringing the total number of bills reported out of the Committee this Congress to 112. “Today, the Committee is meeting to consider another important series of measures. These are designed to deal with market stability and security to the financing of illicit activities. These bills represent months of dedicated efforts by…

Chairman Hensarling Delivers Opening Statement at Hearing with the Comptroller of the Currency

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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Joseph Otting the Comptroller of the Currency: Today we will welcome Joseph Otting, the 31st Comptroller of the Currency, who took office approximately seven months ago. We will welcome him for his first appearance before the Committee. What a…

Committee Advances Six Bills

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This week, the Financial Services Committee approved six bills, bringing the total number of bills reported out of the Committee this Congress to 108. “These measures build on the regulatory relief recently passed by Congress to eliminate onerous Washington regulations that are stifling access to credit and capital. This is about creating the next Apple, the next Yahoo, the next Home…

Chairman Hensarling Delivers Opening Statement at Committee Markup

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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of six measures on Thursday: Our nation’s economy continues to be the envy of the world. Our ability to average over 3% annual growth is both an enviable and unparalleled record in world history – it helps define American exceptionalism.…