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ICYMI: Jeb Hensarling: How we can hold Wall Street accountable

| Posted in In Case You Missed It

By: Jeb Hensarling Nearly seven years after the Great Recession ended, the economy still isn’t working for millions of working Americans. Their paychecks remain stagnant; their savings have declined. They cannot get ahead and fear for the future of their families. One of the principle reasons for this is the Dodd-Frank Act. Though…

Committee Approves Economic Growth Bills

| Posted in Press Releases

WASHINGTON – The Financial Services Committee today approved a series of bills that are designed to help boost economic growth as well as fight terror activity funded by Iran. “Incomes are falling.  Wage growth is stagnating.  The number of Americans living in poverty has increased by nearly 7 million during the current administration.  I’m confident all of us on both sides…

Media Advisory: Fed Chair Yellen Testifies Before Committee Next Week

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Federal Reserve Chair Janet Yellen will appear before the committee on Wednesday, June 22 at 10 a.m. for the Fed’s semi-annual Monetary Policy Report to Congress. The hearing will take place in Room 2128 of the Rayburn House Office Building. Live video of the proceedings will be available on the…

Hensarling Opening Statement at Economic Growth Markup

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of a series of bills that are designed to help boost economic growth as well as fight terror activity funded by Iran: Just days ago the nation received the most recent monthly jobs report, and to say the report is a disaster is a huge…

A Better Way to Grow Our Economy

| Posted in Press Releases

WASHINGTON—Today, House Republicans unveiled a plan to grow our economy by tackling excessive regulations and promoting financial independence for people who work hard and do the right thing.  It is our vision for a Confident America that is the best place in the world to live, work, build things, start a business, and raise a family.  It includes the framework of the Financial…

WEEK IN REVIEW

| Posted in Press Releases

Economic Growth for All, Bank Bailouts for None In a speech to the Economic Club of New York on Tuesday, Chairman Jeb Hensarling unveiled the House Republican alternative to the failed Dodd-Frank Act.  The Wall Street Journal called it “the first detailed proposal for how a Republican-led government would likely proceed” and the New York Times reported the proposal can “help shape…

Media Advisory: Committee Hearing Schedule for the Week of June 13

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of June 13: Wednesday, June 15 at 10:00 A.M. – A full committee markup, to consider bills which will increase access to capital and reduce regulatory burdens. The Committee’s schedule remains tentative and will become final only when the official notice…

Task Force Investigates Illicit Financial Flows in South America

| Posted in Press Releases

WASHINGTON – Today, the Task Force to Investigate Terrorism Financing held a hearing to examine how South American criminal enterprises fund their operations, including through illicit uses of the financial system. This includes criminal enterprises designated by the State Department as Foreign Terrorist Organizations. Illicit financial flows in the Western Hemisphere are characterized…

Democrats: Big on Rhetoric, Short on Facts

| Posted in Member Corner

Financial Services Committee Chairman Jeb Hensarling just rolled out the Financial CHOICE Act, a plan to replace the failed Dodd-Frank Act and grow the economy for all Americans. And, like clockwork, left wing Democrats found the nearest possible microphone to trot out stale talking points about “Wall Street” and criticize the plan before they even knew what was in it. Just like…

Hensarling: Republican Plan to Replace Dodd-Frank Offers ‘Economic Growth for All, Bank Bailouts for None’

| Posted in Press Releases

NEW YORK – House Financial Services Committee Chairman Jeb Hensarling (R-TX) today unveiled details of the Financial CHOICE Act – the Republican plan to replace the Dodd-Frank Act and promote economic growth.  CHOICE stands for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs. “If we want strong economic growth and more freedom, we must empower Americans, not…

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