News List

WASHINGTON – The Subcommittee on Capital Markets and Government Sponsored Enterprises today held an oversight hearing to examine the agendas of financial regulators, self-regulatory organizations (SROs) and standards-setters for accounting, auditing and municipal securities. “Since 2011, one of the primary objectives of this Subcommittee – and of the full Financial Services Committee –… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments upon news that the U.S. Treasury Department approved licenses that allow companies to sell commercial aircraft to Iran Air – the state owned national carrier of Iran. “It baffles me how this administration could declare Iran the ‘world’s foremost sponsor of state terrorism’ and label it a… Read more »

WASHINGTON – In a vote of 282-143 on Wednesday, the House passed a bipartisan bill approved by the Financial Services Committee that will bring transparency to the financial assets held by Iran’s top political and military leaders and how these assets contribute to Iran’s funding of terrorism. House Financial Services Committee Chairman Jeb Hensarling made the following comments on the… Read more »

WASHINGTON – Enhancing the portability of housing assistance vouchers will help recipients achieve economic self-sufficiency by opening up new and better job, education and housing opportunities, witnesses told the Subcommittee on Housing and Insurance today. The hearing was the ninth held by the Subcommittee since January 2015 on “The Future of Housing in America.” “Too often, the… Read more »

“We are going to get to the bottom of this, because potentially millions of customers have been ripped off by Wells-Fargo and they’ve also, in many respects, been ripped off by their government… How does this go on so long? Why does it take the L.A. Times to break this story, when we’re paying federal investigators to investigate?" … Read more »

WASHINGTON -- The House this week is scheduled to debate a bipartisan bill approved by the Financial Services Committee that will bring transparency to the financial assets held by Iran’s top political and military leaders and how these assets contribute to Iran’s funding of terrorism. “The Islamic Republic of Iran is identified as both the world’s foremost state sponsor of terrorism and… Read more »

WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling (R-TX) said today the committee has launched an investigation into alleged fraud that led to the opening of unauthorized customer accounts at Wells Fargo and the role of Washington regulators in monitoring and investigating this activity. As part of its investigation, the committee will be calling John Stumpf, the… Read more »

Committee Approves Financial CHOICE Act “The Financial CHOICE Act will help grow the economy for all Americans, not just those at the top.  It promotes strong and transparent markets to revitalize job creation in our poorest communities and ensures every American has the opportunity to achieve financial independence, no matter where they start out in life,” said Chairman… Read more »

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of Sept. 19: Wednesday, Sept. 21 at 10:00 a.m. – The Subcommittee on Housing and Insurance will hold a hearing entitled “The Future of Housing In America: A Better Way to Increase Efficiencies For Housing Vouchers and Create Upward Economic Mobility.” Wednesday,… Read more »

Legislation to end bailouts for big banks, toughen penalties for wrongdoing on Wall Street, promote economic growth, and provide desperately needed regulatory relief for small community banks and credit unions passed the House Financial Services Committee 30-26 today. The legislation – the Financial CHOICE Act – ends the Dodd-Frank Act’s taxpayer-funded bailouts of large financial… Read more »