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Media Advisory: Committee Hearing Schedule for the Week of May 9

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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of May 9: Thursday, May 12 at 10:00 A.M. – The Housing and Insurance Subcommittee will hold a hearing entitled “The Future of Housing in America: A Comparison of the United Kingdom and United States Models for…

Hensarling: CFPB Rule Big, Wet Kiss to Trial Attorneys

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WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement regarding an announcement by the CFPB that it plans to limit arbitration clauses in financial contracts: “Every day, Americans are seeing their liberties slip away as Washington inexorably grows larger, more intrusive, more…

VIDEO: "We will Protect the Retirement Security of All Americans"

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Following House passage of a resolution to stop the Obama administration’s controversial “fiduciary” regulation that will restrict access to and raise the cost of financial planning for lower and middle income Americans, Rep. Ann Wagner (R-MO) delivered the following remarks: Hi, I’m…

WEEK IN REVIEW

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House’s Week Focuses on Committee Bills The House of Representatives passed four bipartisan Financial Services Committee bills this week, marking another week of House activity that focused on the Committee’s work. Since the beginning of the 114th Congress in January 2015, the House has passed 60 Financial Services Committee measures – 30 of which have been signed into law. “Each one…

House Acts to Stop Obama Administration Red Tape

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WASHINGTON – The House today approved a resolution to stop the Obama administration’s controversial “fiduciary” regulation that will restrict access to and raise the cost of financial planning for lower and middle income Americans. “Millions of Americans turn to financial advisors to help them plan and save for retirement, to send a…

House Passes Bipartisan HALOS Act to Support Job Growth

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WASHINGTON – Startup companies will find it easier to attract investments that allow them and other small businesses to grow and create jobs under bipartisan legislation passed by the House 325-89 on Wednesday. The Helping Angels Lead Our Startups Act (HALOS Act) defines an “angel investor group” and clarifies a regulation issued by the…

Subcommittee Seeks to Hold Development Banks Accountable

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WASHINGTON – The Financial Services Monetary Policy and Trade Subcommittee held a hearing today with Dr. Nathan Sheets, Under Secretary for International Affairs at the U.S. Department of the Treasury, to examine ways the U.S. can make development banks more accountable. “Congress plays a very important role in determining U.S.…

Hensarling Remarks on HALOS Act

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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today delivered the following remarks on the House Floor during consideration of H.R. 4498, the Helping Angels Lead Our Startups (HALOS) Act: Mr. Speaker, I rise in strong support of H.R. 4498, the Helping Angels Lead Our Startups Act, known as the HALOS Act.…

Media Advisory: Committee Hearing Schedule for the Week of April 25

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WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of April 25: Wednesday, April 27 at 10:00 A.M. –  The Monetary Policy and Trade Subcommittee will hold a hearing entitled “How Can the U.S. Make Development Banks More Accountable?” All committee activity will take place in Room 2128 of the Rayburn…

WEEK IN REVIEW

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ISIS Profiting From Looted Antiquities The Task Force to Investigate Terror Financing held a hearing on Tuesday to examine the best ways to counter the plunder and sale of priceless cultural antiquities by Islamic State terrorists.  Such looting is occurring on an “unprecedented scale” and some estimate ISIS could be generating up to $200 million per year from the illicit trade in…

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