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Task Force to Examine Iran Nuclear Deal and Its Impact on Financing Terrorism

| Posted in Press Releases

The Financial Services Committee’s Task Force to Investigate Terrorism Financing will hold a hearing on Wednesday, July 22 at 4:15 p.m. entitled “The Iran Nuclear Deal and Its Impact on Terrorism Financing.”  The hearing will take place in 2128 Rayburn House Office Building. The task force was established earlier this year, Financial Services Committee Chairman Jeb Hensarling (R-TX)…

Committee Schedule for the Week of July 20

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 20. Wednesday, July 22 at 10:00 A.M. - The Monetary Policy and Trade Subcommittee will hold a hearing to examine proposals to reform the Federal Reserve. This hearing follows recent hearings held by the committee calling for more transparency and…

Dodd-Frank Act Leaves America Less Stable, Less Prosperous, Less Free

| Posted in Press Releases

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver remarks today at the American Enterprise Institute on the fifth anniversary of the Dodd-Frank Act becoming law.  The following is the embargoed text of his speech as prepared for delivery: Thank you, Peter [Wallison], for your kind words. You know, there are those on the left who have…

After Five Years, Dodd-Frank Is a Failure

| Posted in Member Corner

  By Jeb Hensarling Click here to read article Tuesday will mark five years since President Obama’s signing of the Dodd-Frank law, the most sweeping rewrite of the country’s financial laws since the New Deal. Mr. Obama told the country that the legislation would “lift our economy.” The statute itself declared that it would “end too big to…

VIDEO: Dodd-Frank - 5 Years of Failures

| Posted in Press Releases

  CLICK HERE TO WATCH   WASHINGTON- Five years ago this week President Obama signed the Dodd-Frank Act into law with much fanfare and celebration.  He and other Democrats promised Dodd-Frank’s 2,300 pages and 400 more regulations would “lift the economy,” “end too big to fail” and…

Hensarling Delivers Speech Tuesday on Dodd-Frank Act Anniversary

| Posted in Press Releases

WASHINGTON – Tuesday, July 21 marks five years since President Obama signed the Dodd-Frank Act into law.  Weighing in at 2,300 pages and mandating 400 new regulations that – so far – have generated 22,296 pages of rules in the Federal Register, Dodd-Frank is the most dramatic and sweeping rewrite of our financial laws since the New Deal.  House Financial Services Committee…

WEEK IN REVIEW

| Posted in Member Corner

Committee Focuses on Monetary Policy and the Economy The Federal Reserve’s lack of transparency and accountability and the state of the U.S. economy were the main topics members addressed at Wednesday’s Financial Services Committee hearing with Federal Reserve Chair Janet Yellen "Following a monetary policy convention or rule of the Fed’s own choosing, with the power to amend it or…

Subcommittee Examines Lack of Transparency and Accountability at the Federal Reserve

| Posted in Press Releases

WASHINGTON - The Financial Services Oversight and Investigations Subcommittee held a hearing today to examine the lack of transparency and accountability at the Federal Reserve. The powers of the Federal Reserve significantly expanded under the Dodd-Frank Act signed into law five years ago this month.  Dodd-Frank grants the Fed the authority to regulate much of the American economy…