News List

  • Weekly Rundown
    Dec 2, 2013 - The House is in session Monday through Thursday this week and will consider one Financial Services Committee bill. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for additional information throughout the week. Here's whats happening: On Wednesday at 10 a.... More
  • Subcommittee Examines Legislative Proposals to Bring Accountability & Oversight to the Powerful Consumer Financial Protection Bureau
    Oct 29, 2013 - The Financial Services Subcommittee on Financial Institutions and Consumer Credit today examined several legislative proposals to bring accountability and oversight to the powerful Consumer Financial Protection Bureau (CFPB). The CFPB – by design –is unaccountable. Its unique and defective structure... More
  • Who Protects Consumers from the Consumer Financial Protection Bureau?
    Oct 24, 2013 - Update 11/18/13: The full committee will consider six bills to reform the CFPB on Wednesday. Next week the Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Prot... More
  • MEDIA ADVISORY: Updated Hearing Schedule
    Oct 22, 2013 - The House Financial Services Committee today announced its updated hearing schedule for the weeks of October 21st and October 28th. October 23 at 2:00 P.M. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing on legislation to further reduce impediments to capi... More
  • Chairman Hensarling Announces October Hearing Schedule
    Sep 24, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of October. October 1 at 10:00 A.M. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more account... More
  • Sunday Video Message | Rep. Sean Duffy
    Sep 15, 2013 - Financial Institutions & Consumer Credit Subcommittee Vice Chairman Sean Duffy (Twitter | Facebook) delivers this week's Sunday Video Message on our recent hearing with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and his own legislation to curb the CFPB's collection of Amer... More
  • Sunday Video Message | Rep. Shelley Moore Capito
    Jul 28, 2013 - Financial Institutions & Consumer Credit Subcommittee Chairman Shelley Moore Capito (Facebook | Twitter) delivers this week's Sunday Video Message on the PATH Act. The Protecting American Taxpayers and Homeowners Act was approved by the full committee on Wednesday. More
  • Fact Finding: 11 Hearings on Sustainable Housing Finance Reforms in 2013
    Jul 17, 2013 - UPDATE: After releasing details of the PATH Act, the full committee held a hearing entitled “A Legislative Proposal to Protect American Taxpayers and Homeowners by Creating a Sustainable Housing Finance System” on July 17, 2013, bringing the total to 12 hearing and more than 50 witnesses on this sub... More
  • Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance System
    Jul 11, 2013 - Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system. The proposal: ends the taxpayer-funded bailout of Fannie Mae and Freddie Mac and phases out the troubled Government-Sponso... More
  • CFPB Collecting Confidential Financial Information on Millions of Americans
    Jul 9, 2013 - At a time when Washington is awash in scandals over mass surveillance and political targeting, the Consumer Financial Protection Bureau (CFPB) has spent at least $10.3 million to collect confidential financial information on Americans, a Financial Services subcommittee learned today. But, unfortunat... More