News List

House Financial Services Committee Chairman Jeb Hensarling today announced the committee’s hearing schedule for the week of April 28. Tuesday, April 29 at 10 A.M. - The Financial Services Committee will hold an oversight hearing with Securities and Exchange Commission Chair Mary Jo White to examine the SEC’s rulemaking agenda, operations and $1.7 billion budget request. Committee… Read more »

The House Financial Services Subcommittee on Oversight and Investigations today announced it will hold a business meeting on Tuesday, April 29th for the purpose of authorizing the issuance of subpoenas compelling the testimony of two CFPB employees—M. Stacey Bach, Assistant Director of the Office of Equal Employment Opportunity; and Liza Strong, Director of Employee Relations—as well as… Read more »

Securities and Exchange Commission Chair Mary Jo White will testify before the House Financial Services Committee on Tuesday, April 29. The committee will hold an oversight hearing to examine the SEC’s rulemaking agenda, operations and $1.7 billion budget request. Committee members are also expected to discuss financial commitments made for technology projects from the SEC’s $100 million… Read more »

Two years after its passage, the bipartisan Jumpstart Our Business Startups Act (JOBS Act) is working, but more can be done to open capital markets to small businesses and emerging growth companies, witnesses told the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises.  That is why today’s Subcommittee hearing focused on seven legislative… Read more »

 CLICK HERE TO WATCH House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at… Read more »

On Tuesday at 10:00 a.m. the Full Committee will hold a hearing to examine the economic consequences of recent rulemaking, supervisory, and enforcement actions of the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration and the Office of the Comptroller of the Currency on consumers, community… Read more »

WASHINGTON - The House Financial Services Oversight and Investigations subcommittee heard testimony from witnesses today that the CFPB has a culture of racial and gender discrimination and retaliation against its employees. Allegations that CFPB managers have engaged in discrimination and created “a hostile work environment” were chronicled in a March 6 American Banker article titled… Read more »

WASHINGTON- A whistleblower testifying at today’s Financial Services Oversight and Investigations Subcommittee hearing on allegations of discrimination and retaliation within the CFPB said CFBP Director Richard Cordray “told me that I have to tell my attorneys to back down.” The whistleblower – CFPB attorney Angela Martin – provided the information about Director Cordray’s involvement… Read more »

The House is in session Tuesday through Friday this week. Here’s what’s happening: On Wednesday at 10:00 a.m. the Oversight and Investigations Subcommittee will hold a hearing to examine allegations of discrimination and retaliation within the CFPB. Committee staff has received corroborating information from a CFPB employee who alleges she has experienced gender discrimination and… Read more »

WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) delivered the following letter in response to an attempt by Democrats to cancel Wednesday’s hearing on allegations of discrimination and retaliation at the CFPB. To view the letter, click here. The subcommittee is scheduled to hear from a… Read more »