Full Committee

Chairman Hensarling appeared on Fox Business Network earlier today to discuss tomorrow's Full Committee hearing on the $1.7 billion taxpayer-funded bailout the Federal Housing Administration (FHA) received at the end of September.    Hensarling on FHA's current condition:  "Well as you probably know, FHA is about to receive their first bailout… Read more »

Update 11/18/13: The full committee will consider six bills to reform the CFPB on Wednesday.  Next week the Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Protection Bureau (CFPB). As Chairman Hensarling has pointed out, the… Read more »

The House Financial Services Committee today announced its updated hearing schedule for the weeks of October 21st and October 28th. Read more »

Congressman Randy Hultgren (Twitter | Facebook) delivers this week's Sunday Video Message on his legislation -- H.R. 992, the Swaps Regulatory Improvement Act. H.R. 992 will be considered on the House floor this week.  Read more »

Update: Chairman Hensarling Comments on Obama Administration’s Confirmation of $1.7 Billion Taxpayer-Funded Bailout for FHA Back in February, Chairman Hensarling cautioned that: "If the FHA were a private financial institution, likely somebody would be fired, somebody would be fined, or the institution would find itself in receivership." Instead, he added, "it is merely, and merrily, on… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing on the Terrorism Risk Insurance Act of 2002 Read more »

WASHINGTON --  Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing on the Consumer Financial Protection Bureau's Semi-Annual Report with Director Richard Cordray:  “This morning we welcome Director Richard Cordray, Director of the CFPB, to deliver the bureau’s latest semi-annual report.… Read more »

House Republicans are hard at work reforming America’s housing finance system so it’s sustainable for home owners, respectful of hard-working taxpayers, and built to last. Today – more than five years after the financial crisis and three years since the passage of the Dodd-Frank Act – President Obama delivered a speech outlining his principles for housing finance reform.  While it’s… Read more »

  Capital Markets & GSEs Subcommittee Chairman Scott Garrett (Facebook | Twitter) delivers this week's Sunday Video Message -- our last before the August District Work Period -- on the PATH Act.   Read more »

House Financial Services Chairman Jeb Henserling, R-Texas and House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray about concerns that senior employees have left CFPB in order to profit from the very rules they helped create. Read more »