The Failures of Dodd-Frank

  • Hensarling Delivers Opening Statement at Committee Markup
    Nov 14, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of 22 measures on Tuesday: We have a number of bills in front of us today so this will be a long, but I trust productive, mark-up. Most of the bills have ... More
  • House Approves the Market Data Protection Act
    Nov 14, 2017 - The House passed bipartisan legislation on Monday to require securities regulators to safeguard a data system used to track market trading activity. The bill, the Market Data Protection Act of 2017, would require the Securities and Exchange Commission (SEC), the Financial Industries Regulatory Autho... More
  • Reviewing the Treasury's Role in Safeguarding the American Financial System
    Nov 8, 2017 - The Subcommittee on Terrorism and Illicit Finance held a hearing today entitled “Financial Intelligence and Enforcement: Treasury’s Role in Safeguarding the American Financial System.” This hearing gave the Subcommittee an overview of the functions of the U.S. Department of the Treasury’s Office of ... More
  • Administration Priorities for the International Financial Institutions
    Nov 8, 2017 - The Subcommittee on Monetary Policy and Trade heard testimony from U.S. Treasury Under Secretary for International Affairs David Malpass about the Trump Administration’s plans for international financial institutions such as the World Bank and the International Monetary Fund (IMF). “I thank Under Se... More
  • Reforming the Federal Reserve
    Nov 7, 2017 - The Subcommittee on Monetary Policy and Trade held a hearing today entitled “Examining Federal Reserve Reform Proposals.” The hearing evaluated three legislative proposals to create a more independent, accountable, and transparent Federal Reserve that would improve economic opportunities for all Ame... More
  • Subcommittee Meets to Further Review Sustainable Housing Finance
    Nov 7, 2017 - The Subcommittee on Housing and Insurance held a hearing today entitled “Sustainable Housing Finance Part III.” The hearing allowed the Subcommittee to further assess views and perspectives on the need to enact comprehensive housing finance reform. “I want to thank the panel for participating in the... More
  • Statement from Majority Whip Scalise and Chairman Hensarling on Flood Insurance Agreement
    Nov 6, 2017 - House Majority Whip Steve Scalise (R-LA) and House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced they have negotiated an agreement for a long-term reauthorization of the National Flood Insurance Program: “Being from Louisiana and Texas, we are all-too familiar with the devast... More
  • Subcommittee Examines Proposed Legislation to Help Small Business and Community Financing
    Nov 3, 2017 - The Subcommittee on Capital Markets, Securities, and Investment held a hearing today to examine the effect regulation has on small business and community financing in the U.S. capital markets. The subcommittee discussed how regulatory burdens affect capital formation, job creation, and economic grow... More
  • Subcommittee Continues Examination of Sustainable Housing Finance Reform
    Nov 2, 2017 - The Subcommittee on Housing and Insurance held its second hearing on private sector perspectives of sustainable housing finance reform. "We're holding this subcommittee hearing today because of the fact that while the most important factor in reforming the housing finance system are homebuyers, it i... More
  • Chairman Hensarling’s Statement on Fed Chair Nominee
    Nov 2, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX), who attended today’s White House ceremony where President Trump announced his decision to nominate Jerome H. Powell for Chair of the Board of Governors of the Federal Reserve System, issued the following statement: “Although I am not... More