News List

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon passage of the conference report to the “John S. McCain National Defense Authorization Act (H.R. 5515).” Hensarling was a House conferee with jurisdiction over the Foreign Investment Risk Review Modernization Act (FIRRMA), which reforms the Committee on Foreign Investment in the United… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following speech on the House floor today during debate on a bill to extend the National Flood Insurance Program (NFIP) without any reforms to the program:                  Mr. Speaker, I come to the floor today to do something I do not often do, and that is I have asked… Read more »

Today, the Financial Services Committee approved seven important pieces of legislation to safeguard our financial system and improve access for all Americans to financial services and products. “Today, we meet to consider seven important bills… to help the lives of every day Americans and help protect our financial system,” said Committee Chairman Jeb Hensarling (R-TX) in his opening… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on an agreement to modernize the Committee on Foreign Investment in the U.S. (CFIUS) as a part of the National Defense Authorization Act (NDAA). “The House has spent the past several months examining how to modernize CFIUS in a way that will allow us to address emerging national security… Read more »

The Monetary Policy and Trade Subcommittee met today to examine the extent to which the United States government should consider cryptocurrencies as money, and their potential effect on domestic and foreign economies. The Subcommittee also evaluated the merits of any uses by central banks of cryptocurrencies to better understand the future of both digital currencies and physical cash.… Read more »

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement regarding the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire at the end of the month absent Congressional action. “It has been more than eight months since the House did its job and passed a long-term NFIP reauthorization. And yet the NFIP… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the Federal Reserve Chairman Jerome Powell on monetary policy and the state of the economy:                  As we meet today, thanks to the fiscal policies of the Trump Administration and this Congress,… Read more »

WASHINGTON – In a near unanimous vote of 406-4, today the House passed the bipartisan “JOBS and Investor Confidence Act of 2018.” The bill – which is comprised of 32 individual pieces of legislation that have passed the Financial Services Committee or the House this Congress with broad bipartisan support – was the third and largest installment of “Jumpstart Our Business Startups (JOBS)… Read more »

The Subcommittee on Financial Institutions and Consumer Credit met today to examine the existing regulatory structure for prudentially regulated financial institutions and to explore avenues that Congress and regulators can address challenges through policy changes. “While I believe in robust capital requirements, I don’t think capital should be required to the point that it… Read more »

July 16, 2018 Nearly all the economic news since Donald Trump took office has been strongly positive, and Mr. Trump added to that… Read more »