News List

  • PATH Act “Enables FHA to Play Expanded Role in Times of Crisis”
    Jul 19, 2013 - Rep. Ed Royce hit the nail on the head this week when he correctly pointed out that the PATH Act does not eliminate all government guarantees as some have incorrectly claimed. Courtesy of Rep. Royce’s office, below is his exchange with Federal Reserve Chairman Ben Bernanke this week on how the PATH ... More
  • MEDIA ADVISORY: Chairman Hensarling to Appear on Bloomberg TV’s Capitol Gains Sunday
    Jul 19, 2013 - WHAT: Financial Services Committee Jeb Hensarling (R-TX) on Bloomberg TV’s Capitol Gains with host Peter Cook, discussing the Protecting American Taxpayers and Homeowners Act (PATH Act). WHEN: Sunday, July 21 11:30 A.M. EDT on Washington, D.C.’s WUSA Channel 9 12:00 P.M. EDT and 5:00 P.M. EDT on Blo... More
  • Chairman Hensarling Opening Statement at PATH Act Hearing
    Jul 18, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing on the Protecting American Taxpayers and Homeowners Act: “Today, the Financial Services Committee meets in its 12th hearing over the last six months on the need to ... More
  • A Reminder of the Corruption That Helped Birth the Biggest Bailout in History
    Jul 18, 2013 - “Fannie Mae will never impose a cost on the American taxpayer…” – James A. Johnson, Chief Executive Officer of Fannie Mae, testifying before the House of Representatives, April 17, 1996 “Under the direction of James A. Johnson, Fannie Mae’s calculating and politically connected chief executive, the ... More
  • Fact Finding: 11 Hearings on Sustainable Housing Finance Reforms in 2013
    Jul 17, 2013 - UPDATE: After releasing details of the PATH Act, the full committee held a hearing entitled “A Legislative Proposal to Protect American Taxpayers and Homeowners by Creating a Sustainable Housing Finance System” on July 17, 2013, bringing the total to 12 hearing and more than 50 witnesses on this sub... More
  • Chairman Hensarling Opening Statement at Today's Hearing with Federal Reserve Chairman Ben Bernanke
    Jul 17, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing with Federal Reserve Chairman Ben Bernanke: “Chairman Bernanke, welcome. We all know that your term as chairman is up at year’s end and to paraphrase Twain, we do n... More
  • Neugebauer: Nine Out of Ten Mortgages Are Guaranteed by the American Taxpayers
    Jul 16, 2013 - Housing & Insurance Subcommittee Chairman Randy Neugebauer talked about the Protecting American Taxpayers and Homeowners Act on Fox Business's The Willis Report yesterday evening. He also spoke about the housing reform plan on KFYO’s Lubbock First News. The full committee will hold a hearing on the... More
  • Chairman Hensarling Comments on Senate Confirmation of CFPB Director
    Jul 16, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today about the Senate’s vote to confirm Richard Cordray as the director of the Consumer Financial Protection Bureau (CFPB): "Now that Richard Cordray has been confirmed by the Senate, he meets the statutory r... More
  • Time Change for Release of Fed Chairman’s Testimony
    Jul 15, 2013 - Federal Reserve Chairman Ben Bernanke’s testimony and the semi-annual Monetary Policy Report he will deliver to the House Financial Services Committee on Wednesday, July 17 will be released to the public at 8:30 a.m. EDT that day. This is a change from earlier practice when the testimony and report ... More
  • Weekly Rundown
    Jul 15, 2013 - This week we'll hold two major full committee hearings. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for more information throughout the week. Here's what's happening: On Wednesday, the full committee welcomes Federal Reserve Chairman Ben Bernanke at 10 ... More