News List

Committee Explores Appropriate Level of Capital and Liquidity The full committee held a hearing to delve in to the issue of "too big to fail" and to hear from experts on the appropriate levels of capital and liquidity for U.S. banks to function properly and help foster economic growth. "Since the crisis, U.S. banks have raised more than $400 billion in new capital and regulators have… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of July 27. Tuesday, July 28 at 10:00 A.M. - This month marks the fifth anniversary of the Dodd-Frank Act being signed into law, and the committee continues its examination of the impact Dodd-Frank is having on our financial stability and economy. On Tuesday the… Read more »

The Financial Services Committee Task Force to Investigate Terrorism Financing held a hearing yesterday to examine the recent nuclear agreement negotiated by the Obama Administration and the P5+1 nations with Iran and its impact on terrorism financing through and by Iran. Iran is identified by the United States as a state sponsor of terror. Through its terrorist proxies such as… Read more »

  CLICK HERE TO WATCH WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine capital standards. This hearing is the latest in a series focused on the impact the Dodd-Frank Act has had in the five years since… Read more »

This month marks the fifth anniversary of the passage of the Dodd-Frank Act. This law was hastily enacted as a reaction to the financial crisis and is filled with unintended consequences and misguided policies. While Dodd-Frank supposedly targeted Wall Street, it is Main Street that has felt the brunt of its costly and overwhelming regulations. Republican Members of the Financial… Read more »

The Financial Services Financial Institutions and Consumer Credit Subcommittee held a hearing today to conduct much-needed oversight of the National Credit Union Administration’s (NCUA) operations and budget. Unlike many other federal agencies, NCUA operates independent of the congressional appropriations process as their operating budget is fulfilled predominately by assessments of the… Read more »

The Financial Services Monetary Policy and Trade Subcommittee reviewed legislative proposals today that would bring greater accountability and transparency to the Federal Reserve. The lack of transparency at the Federal Reserve is growing; while the Federal Reserve’s power has increased, its internal processes have remained opaque, despite continued requests for information from Congress.… Read more »

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)… Read more »

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… Read more »

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… Read more »