Chairman Hensarling Comments on Designation of ‘Too Big to Fail’ Institutions
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Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on the decision by the Financial Stability Oversight Council to designate certain non-bank financial firms as “too big to fail” Three Things You Need to Know About The FSOC
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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… Oversight and Investigations Subcommittee Continues Review of ‘Too Big to Fail’
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The Oversight and Investigations Subcommittee continued its review of the Dodd-Frank Act’s failure to end “Too Big to Fail” with a hearing on Wednesday that focused on the Act’s bailout regime. Dodd-Frank's Gift to AIG
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This isn't what the American people expected when Dodd-Frank was passed and it's not at all what hardworking taxpayers deserve. Chairman Hensarling Opening Statement at Today's Full Committee Markup
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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. H.R. 742 Increases Global Swaps Market Transparency and Regulatory Corporation
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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. Committee Will Follow the Law on CFPB Testimony
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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… Who is Too Big to Fail?: Hearing Examines if Dodd-Frank Authorizes the Break Up of Financial Institutions
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After two and half years, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have yet to clarify their authority under the Dodd-Frank Act to break up large financial institutions, leaving questions as to what their view of this authority is, the Financial Services Committee Oversight and Investigation Subcommittee learned at a hearing yesterday. Subcommittees Focus on FHA; Too Big to Fail
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FHA Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on… Too Big to Fail; Too Big to Jail?
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Last week Chairman Hensarling and Oversight & Investigations Subcommittee Chairman McHenry sent a letter to Attorney General Holder and Treasury Secretary Lew seeking any and all documents related to the consideration of economic factors in the decision to prosecute large banks for financial crimes. The committee's investigation comes out of Mr. Holder's… Browse Documents by Date or Issue |
