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Whistleblowers to Testify About Race, Gender and Age Discrimination at the CFPB
Jun 24, 2015
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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...
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Chairman Hensarling Announces Fed Semi-Annual Monetary Policy Report to Congress
Jun 24, 2015
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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. Duri...
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Terrorism Financing Task Force Evaluates Security of U.S. Financial Sector
Jun 24, 2015
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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 th...
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FSC Majority | Week in Review
Jun 19, 2015
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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 issue...
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Committee Schedule for the Week of June 22
Jun 19, 2015
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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.” Tas...
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Chairman Hensarling on Squawk Box
Jun 17, 2015
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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 (FSOC). On the systemi...
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Hensarling: When It Comes to Identifying Threats to America’s Financial Stability, Washington Needs to Look in the Mirror
Jun 17, 2015
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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 report: When Democrats first passed the Dod...
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Lawmakers: Criminal Investigation of Fed Leak Appears Timed to Obstruct Congressional Probe
Jun 17, 2015
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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 mont...
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Subcommittee Examines Cyber Threats to U.S. Financial Sector
Jun 16, 2015
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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...
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Subcommittee Examines Proposals to Grow the Main Street Economy
Jun 16, 2015
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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 (J...
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