News List

  • H.R. 1135 Repeals Complex and Misleading Pay Disclosure Requirement
    Jun 19, 2013 - 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 ... More
  • Chairman Hensarling Opening Statement at Today's Full Committee Markup
    Jun 19, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee markup: Today the Committee on Financial Services meets to consider four pieces of legislation to amend titles IV and IX of the Dodd-Frank Act by reducing the red tape burd... More
  • H.R. 1564 & 1105 Break Down Regulatory Barriers to Job Creation
    Jun 19, 2013 - 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... More
  • Committee Approves Four Bipartisan Bills to Relieve Red Tape Burden on Job Creators
    Jun 19, 2013 - 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. “This committee is continuing to consider targeted, pragma... More
  • Dodd-Frank Mortgage Rules Will Harm Home Ownership, Witnesses Tell Subcommittee
    Jun 18, 2013 - 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. One witness told the subcommittee Dodd-Frank will m... More
  • CFPB Lacks Oversight and Accountability
    Jun 18, 2013 - 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. The CFPB, created under the Dodd-Frank Act, ... More
  • Weekly Rundown
    Jun 17, 2013 - 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 ... More
  • Sunday Video Message | Rep. Shelley Moore Capito
    Jun 16, 2013 - 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. More
  • Weekend Must Reads
    Jun 15, 2013 - 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-ra... More
  • Chairman Hensarling Announces Remainder of Committee’s June Schedule
    Jun 14, 2013 - 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. The committee’s hearing schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, ... More