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FSC Majority | Week in Review
Jun 12, 2015
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Committee Questions HUD Secretary on Ineffectiveness of Agency After 50 Years The Department of Housing and Urban Development (HUD) was created 50 years ago to serve as a main weapon in the “War on Poverty” and the agency has received more than $1.6 trillion in annual appropriations over its lifetim...
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MEDIA ADVISORY: Committee Schedule for the Week of June 15
Jun 12, 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 15. Tuesday, June 16 at 10:00 A.M. - The Oversight and Investigations Subcommittee will examine cyber threats from a global perspective, exploring threats posed to the U....
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Hensarling Opening Statement at HUD Oversight Hearing
Jun 11, 2015
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CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Housing and Urban Development Secretary Julian Castro: As we approach the 50th anniversary of the founding of the Department of Housing an...
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Subcommittee Discusses Legislation to Expand Consumer Choice and Financial Independence
Jun 11, 2015
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The House Financial Services Financial Institutions and Consumer Credit Subcommittee today held a hearing to discuss legislative proposals to help preserve consumer choice and financial independence. Dodd-Frank created over 400 new regulations that were designed for Wall Street but are instead hitt...
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ICYMI: Hensarling Discusses Ex-Im and Dodd-Frank on “Opinion Journal”
Jun 9, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) discussed the Export-Import Bank and the Dodd-Frank Act with Mary Kissel of The Wall Street Journal’s editorial board. Excerpts from their conversation are below. Chairman Hensarling on the Export-Import Bank: "There’s a lot of things wron...
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Committee to Examine HUD, Consumer Choice and Financial Independence Legislation This Week
Jun 9, 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 8: Thursday, June 11 at 10:00 A.M. - A Full Committee hearing to examine the Department of Housing and Urban Development’s budget, operations, and programs. Witness: Jul...
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Export-Import Bank Fact of the Day
Jun 9, 2015
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FACT: Two Russian firms targeted with U.S. sanctions due to Russia’s invasion of Ukraine were approved for more than $1 billion in U.S. taxpayer-subsidized financing from the Export-Import Bank. According to articles in the Wall Street Journal and Investor’s Business Daily, one of these Russian stat...
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FSC Majority | Week in Review
Jun 5, 2015
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Subcommittee Conducts Oversight on Hurricane Sandy Claims The need to reform the National Flood Insurance Program and allegations that Hurricane Sandy victims were cheated out of flood insurance claims due to bogus home inspection reports were the focus of a hearing on Tuesday held by the Housing an...
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Hensarling: An Open Letter to Republicans on the Ex-Im Bank
Jun 4, 2015
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LINK TO STORY The 80-year old Export-Import Bank will begin to wind down on June 30, unless Congress renews it again. Republicans in the House and Senate need to let it expire—and as chairman of the House Financial Services Committee, I am helping lead the charge to see that we do. Ex-Im arranges t...
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FSC DIGITAL SHORT: Ex-Im By The Numbers
Jun 3, 2015
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CLICK HERE TO WATCH This morning the House Financial Services Committee released its latest video: Ex-Im By the Numbers. The 50-second video includes information about the $112 billion in taxpayer money Ex-Im puts at risk, that 99 percent of U.S. exports are successful without Ex-Im, and figures on...
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