News List

Congressman Bill Huizenga joined us to talk about H.R. 1135, the Burdensome Data Collection Relief Act. The bill repeals Section 953(b) of the Dodd-Frank Act that requires all publicly traded companies to calculate and disclose the median annual total compensation of all employees and compare that number to the annual total compensation of the CEO in each SEC filing. While that… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement today full committee markup. Read more »

Congressman Robert Hurt introduced two of the bills we considered in today's markup: H.R. 1564, the Audit Integrity and Job Protection Act and H.R. 1105, the Small Business Capital Access and Job Preservation Act. Both were reported favorably by the committee with bipartisan support.    The first bill, H.R. 1564, prohibits the Public Company Accounting… Read more »

The House Financial Services Committee today passed four bills -- all with significant bipartisan support -- to reduce the red tape burden on job creators at a time when excessive and unnecessary regulations are hurting the nation’s economy. Read more »

Changes to mortgage lending mandated by the Dodd-Frank Act will make it harder for Americans to own a home and undermine an economic recovery, witnesses told members of the Financial Institutions and Consumer Credit Subcommittee at a hearing today. Read more »

The Oversight and Investigations Subcommittee highlighted the Consumer Financial Protection Bureau’s (CFPB) radical structure at a hearing today, and members continued to express concern that the agency operates without basic oversight and accountability. Read more »

Two subcommittee hearings and a full committee markup make for a slightly lighter week than last. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists  --  for updates throughout the week. Here’s what’s happening: On Tuesday -- as Rep. Capito previewed in our Sunday Video Message -- the Financial Institutions & Consumer Credit… Read more »

Financial Institutions & Consumer Credit Subcommittee Chairman Shelley Moore Capito delivers this week's Sunday Video Message, the first in our new series. In the video, Rep. Capito previews next week's hearing on the Dodd-Frank Act's negative impact on homeownership.  Read more »

Fortune: The Fed's other trillion dollar problem The amount of money banks have at the Fed recently reached 13 digits, for the first time ever. Bloomberg: New Home Prices Say What’s Different This Time Although no two business cycles are alike, most share some common characteristics. The interest-rate-sensitive sectors of the economy -- housing and manufacturing -- tend to… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule of hearings and markups for the last two weeks of June. Read more »