Full Committee

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… Read more »

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. Read more »

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. Read more »

  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… Read more »

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: Read more »

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: Read more »

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.… Read more »

   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… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement today about the Federal Open Market Committee’s decision to continue its highly accommodative monetary policy stance Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delievered the following opening statement at today's hearing with Federal Housing Finance Agency Director Edward J. DeMarco Read more »