News List

WASHINGTON -- The House Financial Services Committee on Wednesday held an in-depth, day-long hearing focused on the Export-Import Bank. The Washington Post - Fred Hochberg, chairman of the “embattled” Export-Import Bank, “refused to answer repeated questions” about whether he was aware of a criminal investigation being conducted into bank… Read more »

In the News | The Committee on Financial Services Committee Seeks Openness and Transparency at FSOC On Tuesday, the full committee held an oversight hearing with Treasury Secretary Lew on the activities of the Financial Stability Oversight Council (FSOC). Under questioning from Chairman Jeb Hensarling (R-TX),… Read more »

   June 26, 2014 By Charles Lane Of all the purposes for which you might put U.S. taxpayer dollars at risk, helping wealthy petro-states borrow millions to buy Boeing jets would not rank among the most urgent. Yet that is… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today after the United States Supreme Court – in a 9-0 vote – ruled that President Obama exceeded his Constitutional authority when he filled vacancies on the National Labor Relations Board in 2012. “President Obama appointed Richard Cordray to head the CFPB at the same time and in the exact… Read more »

  CLICK HERE TO WATCH WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing “Examining Reauthorization of the Export-Import Bank: Corporate Necessity or Corporate Welfare?”: Today we will examine… Read more »

  By Damian Paletta   The U.S. Export-Import Bank has suspended or removed four officials in recent months amid investigations into allegations of gifts and kickbacks, as well as attempts to steer federal contracts to favored companies, several people familiar with the matter said. One employee, Johnny Gutierrez, an official in the… Read more »

The Financial Services Committee will hold the following hearings this week: Tuesday, June 24 at 10 a.m. – The Committee will hear from Treasury Secretary Jacob Lew on the Annual Report of the Financial Stability Oversight Council. Wednesday, June 25 at 10 a.m. – The Committee will hold a hearing entitled:  “Examining Reauthorization of the Export-Import Bank:  Corporate… Read more »

  CLICK HERE TO WATCH In this week's FSC Video Message, watch Rep. Lynn Westmoreland (Twitter|Facebook) discuss concerns about the massive amounts of private data the CFPB is collecting on millions of Americans and how his legislation, the CFPB Data Collection Security Act, will help consumers. Read more »

The House Financial Services Committee today approved legislation to bring much needed reforms to the Terrorism Risk Insurance Act (TRIA) and much needed transparency and accountability to the Financial Stability Oversight Council (FSOC). Speaking about the TRIA Reform Act, Chairman Jeb Hensarling (R-TX) said , “I do believe this bill is a reasonable set of changes to improve a… Read more »

Committee Seeks Accountability at the CFPB On Tuesday, the full committee held a hearing with Director Richard Cordray to receive the fifth Semi-Annual Report of the Consumer Financial Protection Bureau.  "Since Director Cordray last appeared before our committee in January, we have learned much. First, we have learned in the first quarter of this year we actually had negative… Read more »