News List

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about the Department of Justice’s decision to oppose the Consumer Financial Protection Bureau (CFPB) in a landmark case challenging the constitutionality of the Bureau’s structure: “Republicans have said for years that the Bureau is unconstitutionally structured.  Its lack of… Read more »

The Monetary Policy and Trade Subcommittee held a hearing on Thursday to examine how the Federal Reserve has departed from conventional monetary policy. Members heard from a panel of experts who discussed how the Federal Reserve can facilitate an orderly return to a conventional balance sheet and how monetary policies can reliably support economic growth going forward. “Today’s monetary… Read more »

Below is an updated list of Financial Services Committee hearings reflecting changes made to the schedule that was announced on Monday, March 13: Thursday, March 16 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Sound Monetary Policy.” The hearing will examine how the Federal Reserve departed from conventional monetary policy and whether this… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of March 13: Thursday, March 16 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “Sound Monetary Policy.” The hearing will examine how the Federal Reserve departed from conventional monetary policy and whether this departure fulfilled its… Read more »

Committee Approves Bipartisan Capital Formation Bills The Full Committee approved six bipartisan capital formation bills on Thursday. “Top-down, Washington-driven policies have stacked the deck against small businesses.  Excessive and outdated regulations give the biggest companies a competitive advantage, but undermine entrepreneurs, small business owners and the investors that… Read more »

The House Financial Services Committee approved six bipartisan bills on Thursday, all of which are designed to help promote a healthier economy. “Top-down, Washington-driven policies have stacked the deck against small businesses.  Excessive and outdated regulations give the biggest companies a competitive advantage, but undermine entrepreneurs, small business owners and the… Read more »

Members of the Financial Services Housing and Insurance Subcommittee met on Thursday to examine the National Flood Insurance Program (NFIP) – which is set to expire on September 30th – and the significant reforms needed. “A timely reauthorization of the NFIP is the top priority of this subcommittee. Hearing FEMA’s perspective on the issues facing the program – including the accuracy… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today on President Trump’s meeting with community bankers to discuss the difficulties they have faced under the Dodd-Frank Act. “It is encouraging to have a president who is listening to the concerns of community bankers who have been buried under an avalanche of burdensome regulations as a… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the Subcommittee on Housing and Insurance will hold a hearing on March 9 at 10 a.m. to examine the National Flood Insurance Program and potential reforms. All committee activity will take place in Room 2128 of the Rayburn House Office Building.  Additional information, including a list of witnesses and live… Read more »

Report: FSOC Acts Inconsistently and Arbitrarily The House Financial Services Committee released a staff report on Tuesday which revealed that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too big to fail.” As reported by Reuters, the report is based on documents requested by the… Read more »