Export-Import Bank Fact of the Day
| Posted in Member Corner
FACT: 10 large corporations receive nearly two-thirds of Ex-Im’s financial assistance.
Subcommittee Discusses Cyber Threats to Consumers and the Financial Sector
| Posted in Press Releases
The Financial Services Subcommittee on Financial Institutions and Consumer Credit, chaired by Rep. Randy Neugebauer (R-TX,) held a hearing today to learn how the financial sector address cyber threats. “We should all remember that no single institution or system is 100… Export-Import Bank Fact of the Day
| Posted in Member Corner
FACT: Nearly 99% of U.S. exports are financed without Ex-Im. Committee Schedule for the Week of May 18
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of May 18. Tuesday, May 19 at 10:00 A.M. - The Housing and Insurance Subcommittee will conduct an oversight hearing of the Rural Housing Service. The hearing will take place in room 2220 of the Rayburn House Office Building. Tuesday, May 19 at 1:00 P.M. - The… Members, conservative groups to hold press conference on ending Ex-Im Bank
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As Congress decides whether to reauthorize the Export-Import Bank, Senator Mike Lee will join House Financial Services Chairman Jeb Hensarling, House Freedom Caucus Chairman Jim Jordan, other Members of Congress and leaders from top fiscal conservative organizations for a press conference calling on Congress to let the Bank expire on schedule this June 30. Members will also address some… FSC Majority | Week in Review
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False Narrative of Financial Crisis Led to Wrong Remedy: D0dd-Frank The Oversight and Investigations Subcommittee, chaired by Rep. Sean Duffy (R-WI), heard from witnesses at a hearing on Wednesday that the 2008 financial crisis was caused by bad government policies and regulatory incompetence, not a “lack of regulations” or “market failure.” Washington’s inaccurate diagnosis of the… Hensarling Opening Statement at Data and Cybersecurity Hearing
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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 on data and cyber security: Today’s hearing will be focused on protecting consumers and their private financial information in an age of computer… Export-Import Bank Fact of the Day
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FACT: While Ex-Im claims it is needed to fight subsidies from foreign competitors, just a third of Ex-Im transactions are used for this purpose – according to Ex-Im. Subcommittee Surveys Impact of CFPB Rule Change on Mortgage Settlement Process
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The Financial Services Housing and Insurance Subcommittee held a hearing on Thursday to examine how proposed changes to the mortgage settlement process are expected to impact consumers and lenders. The changes proposed by the Consumer Financial Protection Bureau (CFPB) are scheduled to take effect on August 1. “Purchasing a home is one of the biggest and most important… Export-Import Bank Fact of the Day
| Posted in Member Corner
FACT: 85 indictments were issued in connection with the Export-Import Bank from October 2009 to September 2014. That’s more than 1 indictment per month. And expect more, says the Bank’s Inspector General. CLICK HERE TO READ Browse Documents by Date or Issue |