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Democrat Smoke and Mirrors on Senate’s Abysmal TRIA Failure

| Posted in Member Corner

This morning, Washington Democrats are feverishly trying to spin Harry Reid’s decision to prevent the Senate from taking a vote on the bipartisan House-passed bill to reauthorize the Terrorism Risk Insurance Act.  From their seats on their flights home for the holidays, Democrats are trying their hardest to blame TRIA’s demise on the inclusion of a technical clarification of the…

FHFA Director Delivers Lump of Coal to Every Taxpayer

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning Federal Housing Finance Agency Director Mel Watt’s decision to begin payments from Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Magnet Fund: “In taking this action, Director Watt is making a grave mistake that harms hardworking taxpayers and violates both…

House Prepares to Extend Terrorism Insurance Program With Reforms, Clarify Mistake in Dodd-Frank

| Posted in Press Releases

The House today will vote on legislation extending the Terrorism Risk Insurance Act (TRIA) for six years and include reforms designed to lessen the financial cost taxpayers would face in the event of a terrorist attack. The bill preserves several non-TRIA related pieces of legislation contained in the Senate bill as well as what House Democrats have previously described as a "technical…

House Overwhelmingly Approves Terror Insurance Reauthorization

| Posted in Press Releases

  CLICK HERE TO WATCH The House on Wednesday approved 417-7 a bipartisan, six-year reauthorization of the Terrorism Risk Insurance Act (TRIA) with reforms to protect taxpayers and a clarification of the  Dodd-Frank Act to protect jobs at Main Street businesses that had nothing to do with the…

Bipartisan Financial Services Bills Earn Overwhelming House Approval

| Posted in Press Releases

The House today voted to approve several strongly bipartisan bills designed to help consumers manage their bank accounts, help investors make better informed decisions and lessen regulatory burdens on small companies seeking investments. The bills, many of which had previously attracted solid bipartisan support in the House Financial Services Committee, are common sense steps to…

FSC Majority | Week in Review

| Posted in Member Corner

Hensarling Announces Subcommittee Chairs and Welcomes Republican Members to the Financial Services Committee "I look forward to working alongside my colleagues to pass laws that help grow the economy from Main Street up, not Washington down,” said Chairman Hensarling. “Our committee will continue to focus on promoting sensible solutions that help create jobs and hold both Washington and…

Hensarling Announces Subcommittee Chairmen for 114th Congress

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced he has selected the subcommittee chairmen for the Financial Services Committee in the 114th Congress. “I look forward to working alongside my colleagues to pass laws that help grow the economy from Main Street up, not Washington down,” said Chairman Hensarling. “Our committee will continue to focus on…

Hensarling Welcomes Republican Members to the Financial Services Committee

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the following members have been recommended for appointment to the Financial Services Committee in the 114th Congress by the Republican Steering Committee. “I look forward to working alongside my colleagues to pass laws that help grow the economy from Main Street up, not Washington down,” said Chairman…

Hensarling Elected to Second Term as Chairman

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today after he was elected to a second term as Chairman of the committee for the 114th Congress. “I am humbled by the support and trust of my colleagues as I continue my service as Chairman of the Financial Services Committee. House Republicans know the only real way to grow the economy is from…

Hensarling: SEC Should Not Ignore Ideas at Small Business Capital Formation Forum

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comment about the Securities and Exchange Commission’s annual Government-Business Forum on Small Business Capital Formation being held in Washington: “Year in and year out the SEC has failed to act on many, if not most, of the recommendations provided by the Forum.  In fact, a number of reforms…

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