News List

  CLICK HERE TO WATCH   WASHINGTON- Five years ago this week President Obama signed the Dodd-Frank Act into law with much fanfare and celebration.  He and other Democrats promised Dodd-Frank’s 2,300 pages and 400 more regulations would “lift the economy,” “end too big to fail” and… Read more »

  WASHINGTON – In this week’s Republican address, House Financial Services Committee Chairman Jeb Hensarling (R-TX) discusses Republicans’ commitment to protecting hardworking families and small business owners from the job-crushing Dodd-Frank law, which President Obama signed five years ago this week. KEY QUOTE: “If we want strong… Read more »

WASHINGTON – Tuesday, July 21 marks five years since President Obama signed the Dodd-Frank Act into law.  Weighing in at 2,300 pages and mandating 400 new regulations that – so far – have generated 22,296 pages of rules in the Federal Register, Dodd-Frank is the most dramatic and sweeping rewrite of our financial laws since the New Deal.  House Financial Services Committee… Read more »

Committee Focuses on Monetary Policy and the Economy The Federal Reserve’s lack of transparency and accountability and the state of the U.S. economy were the main topics members addressed at Wednesday’s Financial Services Committee hearing with Federal Reserve Chair Janet Yellen "Following a monetary policy convention or rule of the Fed’s own choosing, with the power to amend it or… Read more »

  CLICK HERE TO WATCH WASHINGTON- Financial Services Committee Chairman Jeb Hensarling delivered the following opening statement at today’s Full Committee hearing with Federal Reserve Chair Janet Yellen: Last week this committee began a series of hearings examining the Dodd-Frank Act on its fifth… Read more »

WASHINGTON - The Financial Services Oversight and Investigations Subcommittee held a hearing today to examine the lack of transparency and accountability at the Federal Reserve. The powers of the Federal Reserve significantly expanded under the Dodd-Frank Act signed into law five years ago this month.  Dodd-Frank grants the Fed the authority to regulate much of the American economy… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver a speech, “Dodd-Frank Five Years Later:  An America Less Free, Less Prosperous and Less Stable” on Tuesday, July 21 at 2:30 p.m. EDT at the American Enterprise Institute (AEI) to mark the fifth anniversary of the Dodd-Frank Act being signed into law.  The Committee is examining the impact of… Read more »

WASHINGTON —The Financial Services Housing and Insurance Subcommittee held a hearing today to conduct oversight of the Department of Housing and Urban Development’s (HUD) Public and Indian Housing programs. Despite 50 years of experience and over $1.6 trillion in annual appropriations, HUD remains overly bureaucratic, has failed to accomplish its mission, duplicates other state and… Read more »

Committee Explores Dodd-Frank's Impact on Financial Stability On Thursday, the Financial Services Committee held the first of a series of planned hearings on the impacts the Dodd-Frank Act has had in the five years since it was signed into law. Thursday’s hearing focused on whether Dodd-Frank has made the financial system more or less stable, and it comes on the heels of a report from… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 13th. Tuesday, July 14th at 10:00 A.M. – The Oversight and Investigations Subcommittee will hold a hearing on the Federal Reserve’s lack of transparency and accountability.  The Subcommittee will examine the Federal Reserve’s growing power since the… Read more »