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Committee Hearing Schedule Announced

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for next week. Tuesday, March 25 at 10 a.m. – The Financial Services Committee will hold the first of several planned hearings focused on the threat posed by America’s rising national debt.  Tuesday’s hearing will focus on “Why the Debt Matters.”  Additional hearings in…

Financial Services Committee to Begin Hearing Series on the National Debt

| Posted in Press Releases

Amid signs that the issue of deficits and debt have fallen off Washington's radar, House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced his committee is undertaking a series of in-depth hearings focused on the threat posed by America's rising national debt. “After having served on the House Budget Committee, the Simpson-Bowles Commission and the so-called…

CFPB Should Let the Sunshine In to their Closed-Door Meetings

| Posted in Press Releases

To mark “Sunshine Week,” a national initiative launched by the media to promote open government, Financial Services Committee Chairman Jeb Hensarling (R-TX) is calling on CFPB Director Richard Cordray to end the bureau’s closed-door meeting policy for its four advisory councils. “Instead of operating behind closed doors, it’s time for the CFPB to live up to its oft-stated commitment to…

Obama Administration’s Claims on IMF Quota Increase are Patently False

| Posted in Member Corner

By Rep. John Campbell Chairman of the Subcommittee on Monetary Policy and Trade The Obama Administration is deliberately holding up economic assistance to Ukraine by trying to make permanent a temporary U.S. investment in the International Monetary Fund. The Administration is not being honest about what the IMF quota increase would actually mean for Ukraine, nor is it being…

Committee Approves Bipartisan Regulatory Relief Bills to Help Create Jobs and Grow Our Economy

| Posted in Press Releases

The House Financial Services Committee today passed five bills with bipartisan support to provide regulatory relief for America’s small businesses and community financial institutions. “We all know that creating jobs, hope and opportunity for the American people -- who have lost way too many jobs, way too much hope and way too much opportunity -- is still the number one job we have…

Subcommittee Examines Federal Reserve Credit Allocation

| Posted in Press Releases

The House Financial Services Monetary Policy and Trade Subcommittee held a hearing today to examine the Federal Reserve’s role in credit allocation as part of the committee’s Federal Reserve Centennial Oversight Project. The Federal Reserve’s exceptionally accommodative monetary policy through its Quantitative Easing (QE) program is enabling the government’s current fiscal extravagance…

Weekly Rundown

| Posted in Member Corner

The House is in session Tuesday through Friday this week. Here’s what’s happening: On Wednesday at 10:00 a.m. the Monetary Policy and Trade Subcommittee will hold a hearing to examine the Federal Reserve’s role in credit allocation. This hearing is part of the Committee’s Federal Reserve Centennial Oversight Project to bring accountability and transparency to the Federal Reserve. On…

Chairman Hensarling Welcomes Announcement by Senators Johnson and Crapo

| Posted in Press Releases

Chairman Jeb Hensarling (R-TX) of the House Financial Services Committee, which passed the PATH Act in July 2013, released the following statement today regarding the announcement from Senator Tim Johnson (D-SD) and Senator Mike Crapo (R-ID) about their housing finance reform efforts: “As someone who has worked for years on the complicated and contentious issue of housing finance…

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