The Failures of Dodd-Frank

  • House Passes Bipartisan Bills to Help Companies Attract Investors and Create Jobs
    Nov 1, 2017 - The House today approved two bipartisan bills designed to help companies attract investments so they can grow and create jobs. “These bipartisan bills will help build a healthier, more robust economy that offers growth opportunities for all,” said Financial Services Committee Chairman Jeb Hensarling... More
  • Subcommittee Holds Hearing on Data Security And Potential Reforms to Protect Consumers
    Nov 1, 2017 - The Subcommittee on Financial Institutions and Consumer Credit held a hearing today to thoroughly examine data security vulnerabilities and identify gaps in state and federal data security regulation. “More than 15 million Americans were victims of cyber fraud or identify theft last year,” said Subc... More
  • At White House, Hensarling Praises ‘Decisive Victory’ for Consumers and Economy
    Nov 1, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement after attending the signing ceremony at the White House today for legislation (H.J. Res. 111) that rejects the CFPB’s rule to deprive consumers of a low-cost, easy way to resolve legal disputes: “Overtur... More
  • Hensarling: Senators Should Look Out for Interests of Taxpayers and Confirm Scott Garrett
    Nov 1, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about today’s Senate committee hearing on the nomination of Scott Garrett to be President of the Export-Import Bank: “The Export-Import Bank is a deeply troubled government agency connected to cases of f... More
  • Oversight Subcommittee Examines Disaster Recovery Funding
    Nov 1, 2017 - Eliminating waste, fraud and abuse from the Community Development Block Grant’s Disaster Recovery Program administered by the Department of Housing and Urban Development (HUD) was the focus of a hearing today held by the Subcommittee on Oversight and Investigations. From 2001 to 2016, Congress appro... More
  • Consumers Win As Congress Overturns Unconstitutional Bureaucracy’s Harmful Rule
    Oct 25, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the Senate's vote to reject the CFPB’s rule to deprive consumers of a low-cost, easy way to resolve legal disputes without having to hire trial lawyers: “This is a victory for consumers, a defeat for the... More
  • House Approves Bipartisan Financial Services Bills
    Oct 24, 2017 - The House on Tuesday passed two financial services bills with overwhelming bipartisan support. H.R. 3898, the Otto Warmbier North Korea Nuclear Sanctions Act Sponsored by Rep. Andy Barr (R-KY), the Otto Warmbier North Korea Nuclear Sanctions Act would impose secondary financial sanctions against Nor... More
  • Chairman Hensarling Delivers Opening Statement at Hearing on HUD
    Oct 12, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Housing and Urban Development Secretary Ben Carson: Today we welcome the 17th Secretary of the Department of Housing and Urban Development, Dr. Ben Carson for h... More
  • Committee Advances 22 Bills Forward for House Consideration
    Oct 12, 2017 - WASHINGTON – The Financial Services Committee on Thursday approved 22 bills, largely bipartisan and largely aimed at helping smaller banks, credit unions, and emerging growth companies. Chairman Hensarling (R-TX) told committee members the bills will promote access to capital, reduce the regulatory ... More
  • Chairman Says Measures ‘Help Build a Healthier, More Robust Economy’
    Oct 11, 2017 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following open statement as the committee began considering 23 bills on Wednesday: Our committee has been very active and productive since the start of the 115th Congress and today we continue that trend as we co... More