News List

  • New Federal Reserve Chairman to Make First Appearance In Front of Congress on Feb. 11
    Jan 31, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Janet Yellen will make her first appearance before a congressional committee as chairman of the Federal Reserve when she appears before the committee on Feb. 11. Chairman Yellen will appear before the committee to testi... More
  • By the Numbers: President Obama’s 2014 State of the Union Address
    Jan 30, 2014 - 6,778 total words. 40 words devoted to housing finance reform. 0 housing finance reform proposals from the Obama administration in 5 years 1 bill in Congress that protects taxpayers from ever again having to foot the bill for a housing crisis by ending the bailout of Fannie Mae and Freddie Mac and ... More
  • Chairman Hensarling’s Opening Statement at Hearing on CFPB
    Jan 28, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today's full committee hearing on the CFPB: This morning we welcome back Mr. Richard Cordray, director of the CFPB for one of his two statutory semi-annual appearances before our committee. It is... More
  • Why is a Washington Agency Spending $145 Million on Renovations for a Building It Rents – and is Worth Only $154 Million?
    Jan 28, 2014 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) today questioned CFPB Director Richard Cordray on the Bureau’s plans to spend $145 million for renovations to its Washington headquarters. A full transcript of the question and answer session can be found below. Chairman Hensarling: M... More
  • Chairman Hensarling Responds to State of the Union Address
    Jan 28, 2014 - U.S. Congressman Jeb Hensarling (R-TX), a leading conservative and chairman of the House Financial Services Committee, released the following statement in response to President Obama’s 2014 State of the Union Address: “Tonight, the president talked of the many things that could be accomplished with ... More
  • Committee Wants to Hear From Americans About Consumer Bureau’s Impact on Their Lives and Livelihoods
    Jan 27, 2014 - The House Financial Services Committee wants to hold the Bureau of Consumer Financial Protection (CFPB) accountable, so it’s asking those who have been impacted by the Bureau’s work to come forward and tell their story. Starting this week, the committee’s website offers individuals a web form to let... More
  • Weekly Rundown
    Jan 27, 2014 - The House is in session Monday through Wednesday this week. Here's what's happening: On Tuesday at 10 a.m. the Full Committee will hold a hearing to receive the Semi-Annual Report of the Consumer Financial Protection Bureau (CFPB). CFPB Director Richard Cordray will be the only witness. Commensurate... More
  • Hensarling: “You Cannot Win a War on Poverty as Long as You Are Conducting a War on Jobs”
    Jan 15, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s hearing on how the Dodd-Frank Act’s Volcker Rule will impact job creators: As a nation we just marked the 50th anniversary of the War on Poverty; tragically, a failure on more than one level. To ... More
  • Dodd-Frank Mortgage Rules Harm Homeownership
    Jan 14, 2014 - New mortgage regulations resulting from the Dodd-Frank Act will harm homeownership, reduce credit, and prevent credit-worthy borrowers from obtaining an affordable mortgage, witnesses from Habitat for Humanity, community banks and credit unions told a House Financial Services subcommittee today. The... More
  • Subcommittee Discusses International Impacts of Quantitative Easing
    Jan 10, 2014 - The Federal Reserve’s quantitative easing policy has led some foreign nations to engage in currency manipulation and erect trade barriers to protect their own economies, members of the Monetary Policy and Trade Subcommittee discussed at a hearing yesterday. “Both not only curb global commerce, but a... More