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Week In Review
May 9, 2014
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On Wednesday, the full committee marked up several bills designed to grow the economy, create jobs, and relieve the regulatory burden for community financial institutions. "We received some bad news recently that more than 800,000 Americans, almost a million, left the workforce last month alone. Man...
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Chairman Hensarling Discusses Obama Administration’s Lack of Accountability, Transparency at Hearing with Treasury Secretary
May 8, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing with Treasury Secretary Jacob Lew: Secretary Lew, we welcome you back to the committee. We all hope on the state of the international finance system, we trust your...
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Chairman Hensarling Calls on Secretary Lew to ‘Cease and Desist’ Too-Big-To-Fail Designations
May 8, 2014
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During a hearing with Treasury Secretary Jacob Lew on Thursday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) said the Financial Stability Oversight Council (FSOC), which Secretary Lew chairs, “should cease and desist” from designating more financial firms as “too big to fail” un...
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Chairman Hensarling Opening Statement at Full Committee Markup of Jobs Bills
May 7, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of several bills designed to help grow the economy, create jobs, and relieve the regulatory burden for community financial institutions: Today the Committee me...
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Financial Services Committee Schedule for Week of May 5
May 5, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of May 5. Wednesday, May 7 at 10:00 am: The Financial Services Committee will hold a markup on legislation to enhance capital formation for small and emerging growth compan...
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FSC Majority | Week in Review
May 2, 2014
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Committee Holds SEC Accountable On Tuesday, the full committee held an oversight hearing with SEC Chair Mary Jo White to discuss the Commission's agenda, operations, and 2015 budget. "The SEC’s budget has grown substantially in recent years. In fact, the SEC’s budget has increased by 80 percent in ...
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Media Buzz: On 20-0 Vote, Subpoenas Approved in Investigation of CFPB
Apr 30, 2014
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Republicans and Democrats on the House Financial Services Oversight and Investigations Subcommittee voted 20-0 to subpoena two CFPB officials and a union representative as part of its ongoing investigation into allegations of discrimination and retaliation at the Bureau. Wall Street Journal: House P...
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Chairman Hensarling's Opening Statement on SEC Oversight
Apr 29, 2014
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CLICK HERE TO WATCH WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on oversight of the Securities and Exchange Commission with Chair Mary Jo White: This morning we welcome once again Securitie...
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Subcommittee Subpoenas 3 in Investigation of Discrimination and Retaliation at CFPB
Apr 29, 2014
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The House Financial Services Oversight and Investigations Subcommittee today voted to subpoena two CFPB officials and a union representative as part of the subcommittee’s ongoing investigation into allegations of discrimination and retaliation at the Bureau. The CFPB and the National Treasury Employ...
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Chairman Hensarling Issues Statement on Export-Import Bank’s Reauthorization Request
Apr 25, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) today released the following statement on the Export-Import Bank’s official request to Congress for a 5 year reauthorization and increase in its lending cap. “I have always believed that re-authorizing the Export-Import Bank is a bad ...
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