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National Debt Matters in a Big Way

| Posted in In Case You Missed It

By: Rep. Jeb Hensarling A recent newspaper headline caught my attention: “Debts, Deficits — Once a Focus [in Washington] — Fade From Agenda.” My immediate reaction was “not if I can help it.” So today, the House Financial Services Committee, which I chair, begins a series of hearings focused on why the national debt really does matter and why it matters right now. For something to…

Witnesses: Debt Harms Economy and Makes U.S. Vulnerable to “Whims of Foreign Governments”

| Posted in Press Releases

America’s rising national debt harms our economy, will lead to higher borrowing costs for families, and makes the U.S. vulnerable to “the whims of foreign governments,” expert witnesses are prepared to tell the House Financial Services Committee at a hearing scheduled for Tuesday. “For those who think this is just a Wall Street problem, look at it this way: When 10 year Treasury notes go…

Committee Hearing Schedule Announced

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for next week. Tuesday, March 25 at 10 a.m. – The Financial Services Committee will hold the first of several planned hearings focused on the threat posed by America’s rising national debt.  Tuesday’s hearing will focus on “Why the Debt Matters.”  Additional hearings in…

Financial Services Committee to Begin Hearing Series on the National Debt

| Posted in Press Releases

Amid signs that the issue of deficits and debt have fallen off Washington's radar, House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced his committee is undertaking a series of in-depth hearings focused on the threat posed by America's rising national debt. “After having served on the House Budget Committee, the Simpson-Bowles Commission and the so-called…

Committee Approves Bipartisan Regulatory Relief Bills to Help Create Jobs and Grow Our Economy

| Posted in Press Releases

The House Financial Services Committee today passed five bills with bipartisan support to provide regulatory relief for America’s small businesses and community financial institutions. “We all know that creating jobs, hope and opportunity for the American people -- who have lost way too many jobs, way too much hope and way too much opportunity -- is still the number one job we have…

Weekly Rundown

| Posted in Member Corner

The House is in session Tuesday through Friday this week. Here’s what’s happening: On Wednesday at 10:00 a.m. the Monetary Policy and Trade Subcommittee will hold a hearing to examine the Federal Reserve’s role in credit allocation. This hearing is part of the Committee’s Federal Reserve Centennial Oversight Project to bring accountability and transparency to the Federal Reserve. On…

By the Numbers: President Obama’s 2014 State of the Union Address

| Posted in Member Corner

6,778 total words. 40 words devoted to housing finance reform. 0 housing finance reform proposals from the Obama administration in 5 years 1 bill in Congress that protects taxpayers from ever again having to foot the bill for a housing crisis by ending the bailout of Fannie Mae and Freddie Mac and explicitly preserves the 30-year fixed rate…