Requiring Regulatory Accountability at the SEC
| Posted in Member Corner
Problem: As an independent agency, the Securities and Exchange Commission (SEC) is not currently subject to President Obama’s Executive Order No. 13563. The order directs non-independent executive branch agencies to perform a cost-benefit analysis on proposed regulations, tailor those regulations to impose the least burden on society, and… Weekly Rundown
| Posted in Member Corner
Three hearings, two suspensions and one rule bill on the floor makes for a busy week at the Financial Services Committee. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughout the week. Here’s what’s happening: On Wednesday the House will vote on two bipartisan bills under suspension of the rules. Bills under… Weekend Must Reads
| Posted in Member Corner
Bloomberg: Tea Party Rant II Awaits Next Homeowner Bailout On Feb. 19, 2009, CNBC editor Rick Santelli let loose on the floor of the Chicago Mercantile Exchange in response to President Barack Obama’s proposal to subsidize underwater mortgages. Santelli’s famous rant gave birth to the Tea Party. Obama’s proposal gave way to numerous initiatives, known by the catchy acronyms HAMP… Subcommittee Discusses Defense Production Act Reauthorization
| Posted in Press Releases
The House Financial Services Committee’s Monetary Policy and Trade Subcommittee heard testimony today on the importance of reauthorizing the Defense Production Act (DPA). Dodd-Frank's Gift to AIG
| Posted in Member Corner
This isn't what the American people expected when Dodd-Frank was passed and it's not at all what hardworking taxpayers deserve. Chairman Hensarling Opening Statement at Today's Full Committee Markup
| Posted in Press Releases
Today the Committee will consider nine separate pieces of legislation. Two to amend the bipartisan JOBS Act, six to amend Title VII of the Dodd-Frank Act, and one to enhance the economic analysis performed by the Securities and Exchange Commission in carrying out its regulatory responsibilities. Bipartisan Legislation on Derivatives, SEC Accountability & JOBS Act Implementation Passed in Full Committee Markup
| Posted in Press Releases
The House Financial Services Committee today passed bipartisan bills to fix unintended consequences of derivatives provisions in the Dodd-Frank Act, to promote greater accountability at the Securities and Exchange Commission (SEC), and to help implement the JOBS Act. H.R. 742 Increases Global Swaps Market Transparency and Regulatory Corporation
| Posted in Member Corner
Congressman Bill Huizenga joined us during the markup of H.R. 742 to discuss swap derivatives and why they're important to a range of industries and businesses. Weekend Must Reads
| Posted in Member Corner
George Will: Courts and Congress give Obama adult supervision Rep. Jeb Hensarling (R-Tex.), chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess appointment to make Cordray director of the Consumer Financial Protection Bureau. But a… Chairman Hensarling Announces Hearing Schedule
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) on Wednesday announced the committee’s upcoming hearing schedule. Browse Documents by Date or Issue |
