Today, the House of Representatives passed two bipartisan bills from the Financial Services Committee, including legislation to bring transparency to a regulatory appeals process so financial institutions can operate responsibly in the financial system and focus on serving their customers.
“These bills are about helping Main Street,” said Financial Services Committee Chairman Jeb… Read more »
The Subcommittee on Monetary Policy and Trade met today to evaluate the operations of the Committee on Foreign Investment in the United States (CFIUS) and the challenges it faces by a changing global economy.
“Today’s hearing is the third time this Congress that the Subcommittee has publicly examined the Committee on Foreign Investment in the United States, or CFIUS,” said Subcommittee… Read more »
The Subcommittee on Capital Markets, Securities, and Investments held a hearing Wednesday to examine the cryptocurrencies and Initial Coin Offering (ICO) markets. These markets have been growing rapidly, attracting significant attention from investors and start-up enterprises interested in how cryptocurrencies and digital ledger technology can provide capital formation opportunities and… Read more »
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today upon Senate passage of S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act.”
“I want to congratulate Chairman Crapo and the Senate for putting together and passing a package of helpful bipartisan banking bills. I look forward to combining them with our helpful… Read more »
On Wednesday, the House voted 247-169 to pass a bill that would ease some of the one-size-fits-all regulations that are crippling community financial institutions.
H.R. 1116, the Taking Account of Institutions with Low Operation Risk (TAILOR) Act of 2017 – sponsored by Representative Scott Tipton (R-CO) – moves financial regulatory agencies away from the current one-size-fits-all… Read more »
The Subcommittee on Financial Institutions and Consumer Credit held a hearing today to discuss two legislative proposals, the “Data Acquisition and Technology Accountability and Security Act” and the “Promoting Responsible Oversight of Transaction and Examinations of Credit Technology (PROTECT) Act of 2017.” These important bills – sponsored by Representatives Blaine Luetkemeyer (R-MO)… Read more »
The Housing and Insurance Subcommittee met today to review H.R. 5059, the State Insurance Regulation Preservation Act. Introduced on February 15, 2018 by Representatives Keith Rothfus and Joyce Beatty, the bill would amend the Home Owners’ Loan Act with respect to the registration and supervision of insurance savings and loan holding companies (SLHC).
“This hearing was held to review… Read more »
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on the resignation of White House National Economic Council Director Gary Cohn:
"Gary Cohn has been a strong voice for free markets and one that will be missed. His hard work on many of the Administration's biggest pro-growth policy initiatives – particularly tax reform… Read more »
WASHINGTON – Today, the House of Representatives passed four bipartisan bills from the Financial Services Committee, including legislation to address the burden that unnecessary, duplicative, and outdated regulations have imposed on our community financial institutions.
“I’m pleased to see these wide-ranging financial services bills pass the House of Representatives today,” said… Read more »
WASHINGTON – Today, 38 Senators and 75 Representatives, led by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and House Financial Services Committee Chairman Jeb Hensarling (R-Texas), filed an amicus brief in support of Acting Director Mulvaney and the President’s authority to designate an Acting Director of the Consumer Financial Protection Bureau (CFPB) under the Federal… Read more »
