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Subcommittee Focuses on Solutions to Help Small Businesses Grow

| Posted in Press Releases

  The Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, chaired by Rep. Scott Garrett (R-NJ), held a hearing on Wednesday to review proposals designed to reduce regulatory burdens so small companies can gain access to job-creating capital. “Since…

Committee Schedule for the Week of April 27

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) announced the following hearing schedule for the week of April 27: Wednesday, April 29th at 10:00 A.M.- The Housing and Insurance Subcommittee will hold a hearing to examine the impact of international regulatory standards on the competitiveness of U.S. insurers. Specifically, the hearing will focus on international regulatory…

WSJ: The Peculiar Uses of a Taxpayer Bank

| Posted in In Case You Missed It

  The Peculiar Uses of a Taxpayer Bank A look at the Export-Import Bank’s beneficiaries suggests that sometimes it works against U.S. interests abroad. By Mark Pfeifle Only in Washington can a prominent example of corporate welfare be described as a “critical element”…

MEDIA ADVISORY: HOUSE FINANCIAL SERVICES AND OVERSIGHT SUBCOMMITTEES TO EXAMINE THE EXPORT-IMPORT BANK’S MANDATES

| Posted in Press Releases

House Financial Services Subcommittee on Monetary Policy and Trade, and Oversight and Government Reform Subcommittee on Health Care, Benefits, and Administrative Rules, will conduct its second joint hearing looking into the future viability of Export–Import Bank, which is up for reauthorization in June. During the first joint subcommittee hearing on April 15, 2015, the Committees…

FSC Majority | Week in Review

| Posted in Member Corner

Task Force Holds First Hearing on Terrorism Financing The Task Force to Investigate Terrorism Financing held its first hearing on Wednesday to examine the global terrorist threat and the methods by which terror groups finance their operations.  In its coverage of the hearing, The Hill quoted Task Force Chairman Michael Fitzpatrick (R-PA) as saying that members will make sure "the…

Hensarling Opening Statement at Task Force Hearing

| Posted in Press Releases

  CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following opening statement at today’s first hearing of the Task Force to Investigate Terrorism Financing: When it comes to protecting our homeland, when it comes to protecting our citizens, we again are Americans…

House Passes Bill So Small Businesses Are Heard When CFPB Writes Regulations

| Posted in Press Releases

The House passed legislation on Wednesday to provide small businesses the opportunity to have their voices heard as the Consumer Financial Protection Bureau (CFPB) develops regulations that impact the economy. The bill, which passed on a vote of 235-183, creates a permanent and active small business committee to advise the CFPB during the rule-making process. “Small businesses…

Boeing CEO Has Time to Speak at Export-Import “Pep Rally” But Refuses Invitation to Congressional Hearing

| Posted in Press Releases

The Boeing Company’s Chairman and CEO, who is in Washington on Thursday to speak at the Export-Import Bank’s annual conference, has refused an invitation to appear at a House Financial Services Committee hearing on Ex-Im. “Boeing is by far the Export-Import Bank’s biggest beneficiary and its most ardent supporter. So it is extremely disappointing that Boeing’s CEO refuses to appear…

Financial Services Committee Schedule for the Week of April 20

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for this week. Wednesday, April 22 at 10:00 A.M.- The Task Force to Investigate Terrorism Financing will hold its first hearing:  “A Survey of Global Terrorism and Terrorist Financing.”    The Task Force, created earlier this year by the committee, is working on…

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