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WEEK IN REVIEW

| Posted in Press Releases

Economic Growth for All, Bailouts for None Looking for information on the Financial CHOICE Act? Visit /choice/ to learn more about the plan, described as “the broadest, most ambitious effort yet by the GOP to change how Wall Street and Washington interact” and “a constructive effort to spotlight Dodd-Frank’s flaws and show the way to improve it.” Committee Acts to Help the Economy…

Media Advisory: Committee Hearing Schedule for the Week of June 20

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of June 20. Wednesday, June 22 at 10:00 A.M. – A full committee hearing to receive the Federal Reserve’s Semi-Annual Monetary Policy Report to Congress. Media outlets interested in attending the hearing need to contact Catherine Costakos…

ICYMI: Jeb Hensarling: How we can hold Wall Street accountable

| Posted in In Case You Missed It

By: Jeb Hensarling Nearly seven years after the Great Recession ended, the economy still isn’t working for millions of working Americans. Their paychecks remain stagnant; their savings have declined. They cannot get ahead and fear for the future of their families. One of the principle reasons for this is the Dodd-Frank Act. Though…

Committee Approves Economic Growth Bills

| Posted in Press Releases

WASHINGTON – The Financial Services Committee today approved a series of bills that are designed to help boost economic growth as well as fight terror activity funded by Iran. “Incomes are falling.  Wage growth is stagnating.  The number of Americans living in poverty has increased by nearly 7 million during the current administration.  I’m confident all of us on both sides…

Media Advisory: Fed Chair Yellen Testifies Before Committee Next Week

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Federal Reserve Chair Janet Yellen will appear before the committee on Wednesday, June 22 at 10 a.m. for the Fed’s semi-annual Monetary Policy Report to Congress. The hearing will take place in Room 2128 of the Rayburn House Office Building. Live video of the proceedings will be available on the…

Hensarling Opening Statement at Economic Growth Markup

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of a series of bills that are designed to help boost economic growth as well as fight terror activity funded by Iran: Just days ago the nation received the most recent monthly jobs report, and to say the report is a disaster is a huge…

A Better Way to Grow Our Economy

| Posted in Press Releases

WASHINGTON—Today, House Republicans unveiled a plan to grow our economy by tackling excessive regulations and promoting financial independence for people who work hard and do the right thing.  It is our vision for a Confident America that is the best place in the world to live, work, build things, start a business, and raise a family.  It includes the framework of the Financial…

WEEK IN REVIEW

| Posted in Press Releases

Economic Growth for All, Bank Bailouts for None In a speech to the Economic Club of New York on Tuesday, Chairman Jeb Hensarling unveiled the House Republican alternative to the failed Dodd-Frank Act.  The Wall Street Journal called it “the first detailed proposal for how a Republican-led government would likely proceed” and the New York Times reported the proposal can “help shape…

Media Advisory: Committee Hearing Schedule for the Week of June 13

| Posted in Press Releases

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of June 13: Wednesday, June 15 at 10:00 A.M. – A full committee markup, to consider bills which will increase access to capital and reduce regulatory burdens. The Committee’s schedule remains tentative and will become final only when the official notice…

Task Force Investigates Illicit Financial Flows in South America

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WASHINGTON – Today, the Task Force to Investigate Terrorism Financing held a hearing to examine how South American criminal enterprises fund their operations, including through illicit uses of the financial system. This includes criminal enterprises designated by the State Department as Foreign Terrorist Organizations. Illicit financial flows in the Western Hemisphere are characterized…