The House Financial Services Subcommittee on Oversight and Investigations today announced it will hold a business meeting on Tuesday, April 29th for the purpose of authorizing the issuance of subpoenas compelling the testimony of two CFPB employees—M. Stacey Bach, Assistant Director of the Office of Equal Employment Opportunity; and Liza Strong, Director of Employee Relations—as well as… Read more »
Securities and Exchange Commission Chair Mary Jo White will testify before the House Financial Services Committee on Tuesday, April 29. The committee will hold an oversight hearing to examine the SEC’s rulemaking agenda, operations and $1.7 billion budget request. Committee members are also expected to discuss financial commitments made for technology projects from the SEC’s $100 million… Read more »
On Tuesday at 10:00 a.m. the Full Committee will hold a hearing to examine the economic consequences of recent rulemaking, supervisory, and enforcement actions of the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration and the Office of the Comptroller of the Currency on consumers, community… Read more »
House Financial Services Committee Chairman Jeb Hensarling is trying to draw attention back to the nation’s mounting debt ahead of midterm elections that are more likely to revolve around Obamacare.
The Texas Republican scheduled a series of hearings on the debt, he says, after reading a newspaper article that noted that the national debt had… Read more »
From House Republican Conference:
On Tuesday, the House Financial Services Committee convened a hearing examining our nation's debt and why it matters. Witnesses included David M. Cote, Chairman and CEO of Honeywell; Alice Rivlin, former Director of the Congressional Budget Office; and Douglas Holtz-Eakin, President of the American Action Forum. In this week’s Committee Spotlight,… Read more »
On Tuesday, the Financial Services Committee held a hearing on the threat posed by America’s rising national debt. Tuesday’s hearing was the first in a series of hearings the committee has planned to focus attention on the harmful impact the debt has on economic growth, jobs, national security, and the federal government’s ability to fund discretionary spending and entitlement… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) today delivered the following opening statement at the committee’s hearing on the threat posed by America’s rising national debt. Today’s hearing is the first in a series of hearings the committee has planned to focus attention on the impact the nation’s debt has on economic growth, jobs, national security, and the federal… Read more »
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… Read more »
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… Read more »
