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Hensarling: Five Years After Dodd-Frank Became Law, ‘More Banking Assets Are Now Concentrated in the So-Called Too Big to Fail Firms. Pray Tell, How Does This Improve Financial Stability?’
Jul 9, 2015
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CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing to examine whether the Dodd-Frank Act has made the U.S. financial system more stable. Today’s hearing is the first of three the committee will be holding to e...
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Committee Kicks Off Series of Hearings Marking Dodd-Frank Anniversary
Jul 9, 2015
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The House Financial Services Committee on Thursday began its series of hearings on the impact the Dodd-Frank Act has had on consumers, financial markets and the U.S. economy over the five years since President Obama signed it into law. Thursday’s hearing focused on how the massive 2,300-page law an...
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Subcommittee Examines Dodd-Frank Process for Declaring Banks “Too Big to Fail”
Jul 8, 2015
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The House Financial Services Financial Institutions and Consumer Credit Subcommittee held a hearing Wednesday to examine how and why bank holding companies are designated as “systemically important financial institutions” (SIFIs) under the Dodd-Frank Act. A bank holding company is a company that ow...
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Hearing Schedule for the Week of July 6
Jul 7, 2015
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WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 6th. Wednesday, July 8 at 1:00 P.M.- A Financial Institutions and Consumer Credit Subcommittee hearing to examine the designation and regulation of Bank Holdi...
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Committee to Hold Series of Hearings to Mark Dodd-Frank Anniversary
Jul 6, 2015
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July marks the fifth anniversary of the Dodd-Frank Act being signed into law, and Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee will hold three hearings beginning this week to examine how the 2,300-page law has left Americans with less freedom, less prospe...
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MEDIA BUZZ: Discrimination Getting Worse at CFPB, Employees Say But Democrats Ferociously Want to Change the Subject
Jun 29, 2015
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Dems’ Defense of CFPB: Let’s Talk About Something Else “House Democrats decried a hearing Thursday on allegations of discrimination and retaliation by management at the Consumer Financial Protection Bureau” “Democrats largely declined to ask questions of two agency whistleblowers who testified of a...
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FSC Majority | Week in Review
Jun 26, 2015
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Committee Seeks Accountability for Discrimination and Retaliation at the CFPB On Thursday the Oversight and Investigations Subcommittee held a hearing to examine new evidence that discrimination and retaliation against employees at the Consumer Financial Protection Bureau (CFPB) continue. The Commit...
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Subcommittee Seeks to Hold CFPB Accountable As Whistleblowers Testify of Discrimination and Retaliation
Jun 25, 2015
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The House Financial Services Oversight and Investigations Subcommittee held a hearing today to hear new evidence from employees of the Consumer Financial Protection Bureau (CFPB) about discrimination and retaliation at their workplace. The Committee first began investigating allegations of widespre...
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Hensarling: ‘Disparate Impact’ Ruling to Have Negative Consequences for All Americans
Jun 25, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement after the U.S. Supreme Court upheld the use of the controversial “disparate impact” legal theory, saying those who file housing discrimination lawsuits don’t have to show they were victims of intentional discr...
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Hensarling Statement on Expiration of Export-Import Bank’s Charter
Jun 25, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on the upcoming expiration of the Export-Import Bank’s charter: “This is a small step toward renewing a competitive free-market economy and arresting the rise of the progressive welfare state and the cronyism ...
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