News List

  • Chairman Hensarling Comments on Fed’s Continued Monetary Stimulus
    May 1, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding the Federal Reserve’s announcement of continued monetary stimulus: “Like a patient who has been administered too many antibiotics, the economy is less and less responsive to the Fed’s continue... More
  • Chairman Hensarling Comments on FHFA Director Nomination
    May 1, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding President Obama’s nomination of a director for the Federal Housing Finance Agency: “Mel Watt is a senior and well respected member of the committee, but he is not the issue. The issue is the ad... More
  • Weekend Must Reads
    Apr 27, 2013 - Wall Street Journal’s Mary Kissel: Disdain for the Courts The House Financial Services Committee disinvited Consumer Financial Protection Bureau chief Richard Cordray from testifying Tuesday, noting President Obama's non-recess, recess appointment of Mr. Cordray and a January D.C. Circuit Court of A... More
  • Committee Will Follow the Law on CFPB Testimony
    Apr 26, 2013 - Chairman Jeb Hensarling announced this week that the committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is legally installed as the CFPB Director. However, the committee will continue to conduct rigorous ov... More
  • Chairman Hensarling Honors Victims of 16th Street Church Bombing
    Apr 25, 2013 - Freedom and human dignity are the ideals upon which our country was founded -- and these ideals leave no room whatsoever for bigotry and hatred -- none. H.R. 360 posthumously bestows Congress's highest civilian honor -- the Congressional Gold Medal -- to Addie Mae Collins, Cynthia Wesley, Carole Ro... More
  • Chairman Hensarling Outlines Steps for Sustainable Housing Policy
    Apr 24, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing on regulatory impediments to the re-entry of private capital in the housing finance sector. The committee has been holding a series of hearings on the need to create a ... More
  • Subcommittee Examines U.S. Role in the International Monetary Fund
    Apr 24, 2013 - The House Financial Services Subcommittee on Monetary Policy and Trade today examined the U.S. role in the International Monetary Fund (IMF) and the Obama Administration’s request that Congress approve a larger U.S. quota contribution to the international organization. In 2010, the IMF’s Board of G... More
  • What They're Saying: CFPB Director Appointment is Invalid, Illegal, Unconstitutional
    Apr 23, 2013 - “President Obama's attempt to unilaterally appoint three people to seats on the National Labor Relations Board and Richard Cordray to head the new Consumer Financial Protection Bureau is more than an unconstitutional attempt to circumvent the Senate's advise-and-consent role. It is a breathtaking v... More
  • Wagner: It’s past time for the SEC to implement the JOBS Act
    Apr 22, 2013 - By Ann Wagner A little over a year ago, Congress passed the Jumpstart Our Business Startups (JOBS) Act. The JOBS Act was designed to make it easier for entrepreneurs to raise capital and turn their ideas into job-creating businesses that might one day go public. At a time of slow growth and high un... More
  • Hensarling: CFPB Has No Valid Director So Financial Services Committee Cannot Accept Testimony on Semi-Annual Report
    Apr 22, 2013 - The House Financial Services Committee cannot legally accept testimony from Richard Cordray on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report until he is validly appointed as the bureau’s director, said Rep. Jeb Hensarling (R-TX), the committee’s chairman. However, the committ... More