News List

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement applauding the Consumer Financial Protection Bureau’s (CFPB) announcements that it is undertaking a sweeping review of agency actions and practices, and that it would revisit a controversial rule relating to payday lenders which was issued by the former director before he left office. “I want… Read more »

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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement as the committee began consideration of 17 measures on Wednesday: 2017 was one of the most productive years on record for this committee. 12 full committee hearings, 54 subcommittee hearings, 7 markups, 76 bills reported to the House, 36 bills passed, and 6 bills signed into… Read more »

The Subcommittee on Monetary Policy and Trade met today to further examine proposals to reform the Federal Reserve. Proposals reviewed include: H.R. ____, to amend the Federal Reserve Act to establish requirements for salaries, financial disclosures, and office staff of the Board of Governors of the Federal Reserve System H.R. ____, to amend the Federal Reserve Act to… Read more »

The Financial Institutions and Consumer Credit Subcommittee met today to examine the following pieces of legislation aimed at improving regulations for financial institutions: H.R. 1264, the Community Financial Institution Exemption Act H.R. 2683, the Protecting Veterans Credit Act of 2017 H.R. 4648, the Home Mortgage Reporting Relief Act of 2017 H.R.… Read more »

The Monetary Policy and Trade Subcommittee met today to evaluate the operations of the Committee on Foreign Investment in the United States (CFIUS) and the challenges posed by a changing global economy. “Today, the Monetary Policy and Trade Subcommittee continued our work to evaluate and consider reforms to the Committee on Foreign Investment in the United States,” said Subcommittee… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on the retirement of Chairman Ed Royce (R-CA). “For more than 25 years, Ed Royce has been a fearless advocate for freer markets and smaller government.  He was far ahead of the curve in championing GSE reform before Fannie Mae and Freddie Mac broke our economy and for fixing our… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of January 8: Tuesday, January 9 at 10:00 a.m. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Evaluating CFIUS: Challenges Posed by a Changing Global Economy.” Tuesday, January 9 at 2:00 p.m. – The Financial Institutions and Consumer Credit… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that Kirsten Sutton Mork, the committee’s Staff Director, will be departing the committee in the coming weeks to serve as Chief of Staff for the Consumer Financial Protection Bureau.   “As one of my longest-serving and most dedicated aides, Kirsten has been an indispensable advisor to me for the last… Read more »