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FSC Majority | Week in Review

| Posted in Member Corner

House Passes Bipartisan Regulatory Relief Bills for Consumers As the House marked "Financial Independence Week,” lawmakers passed eight bipartisan regulatory relief bills to promote a healthier economy, preserve consumer choice, and help more Americans achieve the dream of financial independence. “The American dream for so many low and moderate income Americans is that one day they can…

House Oversight and Financial Services Chairs Statement on Future Ex-Im Indictments

| Posted in Press Releases

According to the acting Inspector General of the Export-Import Bank, Michael McCarthy, future indictments surrounding the bank’s activities are possible, including additional indictments related to former loan officer Johnny Gutierrez. McCarthy made these comments to lawmakers during a joint House Financial Services and Oversight and Government Reform Subcommittee hearing today. Upon…

Hensarling Praises Bipartisan Legislation to Help Americans Own a Home They Can Afford to Keep

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling delivered the following floor statement in support of H.R. 650, the Preserving Access to Manufactured Housing Act, sponsored by Rep. Stephen Fincher (R-TN) and co-sponsored by Rep. Terri Sewell (D-AL), Rep. Kyrsten Sinema (D-AZ) and Rep. Ann Kirkpatrick (D-AZ): I thank the gentleman for yielding but more importantly I thank him for…

Hensarling Speaks in Favor of Bipartisan Mortgage Choice Act

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor statement in support of H.R. 685, the Mortgage Choice Act, sponsored by Rep. Bill Huizenga (R-MI) and co-sponsored by Rep. Gregory Meeks (D-NY), Rep. David Scott (D-GA), Rep. Michael Doyle (D-PA), Rep. Betty McCollum (D-MN), Rep. Patrick Murphy (D-FL) and Rep. Peter Visclosky (D-IN): Mr. Speaker,…

House Passes Bipartisan Regulatory Relief for Consumers

| Posted in Press Releases

As part of “Financial Independence Week” in the House of Representatives, eight bipartisan bills from the Financial Services Committee were approved to promote a healthier economy, preserve consumer choice, and help more Americans achieve the dream of financial independence. “The American dream for so many low and moderate income Americans is that one day they can achieve financial…

House to Consider Bills to Help Provide Financial Independence and Regulatory Relief

| Posted in Press Releases

This week, the House will consider a number of bipartisan bills recently passed by the Financial Services Committee to promote a healthier economy, preserve consumer choice, and help Americans achieve the dream of financial independence. The explosive growth of regulation following the enactment of the Dodd-Frank Act has made it significantly harder for community banks and credit unions…

MEDIA ADVISORY: Committee Schedule for the Week of April 13

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of April 13. Wednesday, April 15 at 10:00 A.M.- A joint hearing with the Financial Services Committee’s Monetary Policy and Trade Subcommittee and Oversight and Government Reform Committee’s Health Care, Benefits and Administrative Rules Subcommittee to examine…

MEDIA ADVISORY: HOUSE FINANCIAL SERVICES AND OVERSIGHT SUBCOMMITTEES TO EXAMINE STATUS OF EXPORT-IMPORT BANK REFORMS

| 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 examine Export–Import Bank reforms including the 2012 reauthorization report, during a hearing on Wednesday, April 15, at 10 am. “The Export-Import Bank has long been broken and it is our responsibility to closely…

Committee Leaders Call on Federal Agencies to Disavow Operation Choke Point

| Posted in Press Releases

Republican leaders on the House Financial Services Committee are calling on federal financial regulatory agencies to publicly disavow their “past, present, and future involvement in Operation Choke Point or any similar operation” in letters sent Wednesday. The committee Republicans also request that the agencies take internal actions to ensure “deposit account terminations are based on…

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