News List

  • Financial Institutions Subcommittee Examines Proposed Cannabis Banking Legislation
    Feb 13, 2019 - WASHINGTON – Today, the Subcommittee on Consumer Protection and Financial Institutions held its first hearing of the 116th Congress entitled Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses to consider the Secure and Fair Enforcement (SAFE) Banking Act of 2019. Th... More
  • Financial Markets in the Digital Era
    Sep 28, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to examine new opportunities for technological innovation to develop new products and services consumers across the financial lobe need. “The pace of technological development in financial services has increased exponentially a... More
  • Balancing Capital Requirements and Access to Credit
    Jul 17, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to examine the existing regulatory structure for prudentially regulated financial institutions and to explore avenues that Congress and regulators can address challenges through policy changes. “While I believe in robust capita... More
  • WEEK IN REVIEW
    Apr 15, 2016 - Holding Bureaucrats Accountable and Helping Main Street Grow Two committee priorities – holding Washington accountable and growing Main Street’s economy – were on the House floor this week in the form of Rep. Tom Emmer’s (R-MN) “Financial Stability Oversight Council Reform Act” and Rep. Mia Love’s (... More
  • House to Consider CFPB Accountability Reforms This Week
    Feb 24, 2014 - On Thursday, February 27 the House will consider H.R. 3193, the Consumer Financial Freedom and Washington Accountability Act, sponsored by Financial Services Committee member Rep. Sean Duffy (R-WI). H.R. 3193 is a package of bills to bring greater accountability and transparency to the powerful CFPB... More
  • Dodd-Frank Mortgage Rules Harm Homeownership
    Jan 14, 2014 - New mortgage regulations resulting from the Dodd-Frank Act will harm homeownership, reduce credit, and prevent credit-worthy borrowers from obtaining an affordable mortgage, witnesses from Habitat for Humanity, community banks and credit unions told a House Financial Services subcommittee today. The... More
  • Fairness for Community Job Creators Act Introduced to Fix Harmful Volcker Rule Provision
    Jan 8, 2014 - Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito (R-WV) and Financial Services Committee Chairman Jeb Hensarling (R-TX) today introduced the Fairness for Community Job Creators Act, legislation that fixes a provision in the Volcker Rule that harms community banks... More
  • January Committee Schedule
    Jan 2, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for January. Thursday, January 9th at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing on the effects of the Federal Reserve’s current Quantitative Easing program o... More
  • Sunday Video Message | Rep. Robert Hurt
    Dec 8, 2013 - Congressman Robert Hurt (Twitter | Facebook) delivers this week's Sunday Video Message on H.R. 1105, the Small Business Capital Access & Job Preservation Act. H.R. 1105 passed the House with strong bipartisan support last week. More
  • 120 Year Old Kentucky Bank Faces Greatest Challenge Yet
    Dec 5, 2013 - Since 1893, Owingsville Banking Company (OBC) has served the citizens of rural Bath County Kentucky. The bank endured the Great Depression, the stagflation of the 1970s and, most recently, the Great Recession. Today, however, OBC faces a new challenge -- not the difficult market conditions of this ... More