News List

WASHINGTON - For more than a year, the House Financial Services Committee has investigated serious allegations of discrimination and retaliation against employees at the Consumer Financial Protection Bureau (CFPB).  CFPB employees have testified about serious and troubling instances of racial, gender and age discrimination they’ve suffered from CFPB managers and retaliation against… Read more »

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Federal Reserve Chair Janet Yellen will appear before the committee on Wednesday, July 15 at 10 a.m. for the Fed’s semi-annual Monetary Policy Report to Congress and to discuss the state of the economy. During Chair Yellen’s last appearance before the committee in February, Chairman Hensarling… Read more »

  The Financial Services Task Force to Investigate Terrorism Financing held a hearing on Wednesday to examine how terrorist groups exploit the U.S. banking system to raise and launder their revenue. “The U.S. financial sector is too important for this task force to overlook when seeking to address the nexus of terrorism and finance. The… Read more »

Washington Policies Like Dodd-Frank Threaten U.S. Financial Stability Members of the Committee on Thursday questioned Treasury Secretary Jacob Lew on the threats posed to America’s financial stability by misguided government policies, including the Dodd-Frank Act. The most recent annual report issued by the Dodd-Frank-created Financial Stability Oversight Council (FSOC) identifies… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of June 22. Wednesday, June 24 at 2:00 P.M. - The Task Force to Investigate Terrorism Financing will hold a hearing on “Evaluating the Security of the U.S. Financial Sector.” Task Force members will examine the means utilized by terrorist groups and others to exploit… Read more »

  CLICK HERE TO WATCH WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) appeared on CNBC’s Squawk Box this morning ahead of today’s full committee hearing with Treasury Secretary Lew to receive the annual report of the Financial Stability Oversight Council… Read more »

  CLICK HERE TO WATCH WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s Full Committee hearing with Treasury Secretary Jacob Lew on the Financial Stability Oversight Council’s annual… Read more »

WASHINGTON – Leaders of the House Financial Services Committee suspect the recent criminal investigation into a 2012 leak of market-sensitive information at the Federal Reserve was timed in an effort to obstruct Congress’s investigation into possible misconduct or mismanagement at the Fed. Last month the Committee subpoenaed the Fed for documents related to the leak of confidential… Read more »

  WASHINGTON – The House Oversight and Investigations Subcommittee held a hearing today as a part of an ongoing series on the growing threat cyberattacks pose to the U.S. economy and the financial services sector. “Nearly every government agency has been a target of cyber attacks, and with the recent OPM breach, the federal government has… Read more »

  WASHINGTON – The House Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing today to discuss legislative proposals to modernize business development companies (BDCs) and expand investment opportunities. In passing the Jumpstart Our Business Startups (JOBS) Act in 2012, Congress took an… Read more »