The Failures of Dodd-Frank

  • Hensarling Announces Dates for Mulvaney, Quarles Hearings
    Mar 23, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the dates of two upcoming full committee hearings required by federal statute: Wednesday, April 11 at 10:00 A.M. – Consumer Financial Protection Bureau (CFPB) Acting Director Mick Mulvaney will appear before the full committ... More
  • Hensarling applauds inclusion of important pro-growth reform measures in omnibus
    Mar 22, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) highlighted the inclusion of two important committee measures in the omnibus spending package, which is expected to be passed by the House and Senate today. “Both of these bills are important, pro-growth, bipartisan pieces of legislat... More
  • Committee Advances Eight Bills
    Mar 21, 2018 - This week, the Financial Services Committee approved eight bills, bringing the total number of bills reported out of the Committee this Congress to 99. "These eight important measures continue the Committee's efforts to ensure that hardworking Americans have access to credit; to ensure that the regu... More
  • Defending Against Transnational Criminal Organizations
    Mar 20, 2018 - The Subcommittee on Terrorism and Illicit Finance met today to examine transnational criminal organizations (TCOs) and their relationship to terrorist organizations, the international economy, and the US national defense. “Transnational criminal organizations operate on a global scale, crossing inte... More
  • House Passes Bill to Protect Investments of Hardworking Americans
    Mar 20, 2018 - On Wednesday, the House voted to pass H.R. 4566, the Alleviating Stress Test Burdens to Help Investors Act, with bipartisan support 395-19. Introduced by Representative Bruce Poliquin (R-ME), H.R. 4566 amends one-size fits all, bank-centric capital-based stress testing requirements for nonbanks, suc... More
  • ICYMI: The Art of a Banking Compromise
    Mar 19, 2018 - The Art of a Banking Compromise On fixing Dodd-Frank, the House shouldn't be a potted plant. By The Editorial Board March 16, 2018 After passing a bipartisan banking bill 67-31 that would remedy some of the Dodd-Frank Act’s flaws, many Senators want to call it a wrap. But Congress is a bicameral le... More
  • Hensarling Applauds Court Ruling Vacating Flawed Fiduciary Rule
    Mar 16, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement in response to the decision by the Fifth Circuit Court of Appeals in Chamber of Commerce of the USA, et. al vs. US Department of Labor, vacating the Fiduciary Rule. “Yesterday was a good day for hardwo... More
  • After the Breach: the Monetization and Illicit Use of Stolen Data
    Mar 15, 2018 - The Subcommittee on Terrorism and Illicit Finance met today to examine the monetization and illicit use of stolen data after a hack. Just as the world is quickly increasing its presence online, cybertheft is becoming a more and more common operation. “Cybertheft is particularly damaging because the ... More
  • House Passes Two Bipartisan Financial Services Bills
    Mar 15, 2018 - Today, the House of Representatives passed two bipartisan bills from the Financial Services Committee, including legislation to bring transparency to a regulatory appeals process so financial institutions can operate responsibly in the financial system and focus on serving their customers. “These bi... More
  • Subcommittee Examines CFIUS
    Mar 15, 2018 - The Subcommittee on Monetary Policy and Trade met today to evaluate the operations of the Committee on Foreign Investment in the United States (CFIUS) and the challenges it faces by a changing global economy. “Today’s hearing is the third time this Congress that the Subcommittee has publicly examine... More