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Media Buzz: Effective Committee Oversight Reveals CFPB's Deceptive Efforts to Allege Racial Bias in Auto Lending
Nov 30, 2015
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A staff report by the Financial Services Committee uses internal CFPB e-mails and documents to reveal the Bureau is knowingly using flawed and inferior methods to allege racial bias in auto lending. The result of the CFPB’s efforts could mean higher consumer prices when it comes to buying a car or t...
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ICYMI: Consumer Watchdog Pushed Discrimination Case on Vulnerable Firm
Nov 24, 2015
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Consumer Watchdog Pushed Discrimination Case on Vulnerable Firm: Report Republicans say Consumer Financial Protection Bureau targeted Ally on likelihood of settlement to gain restructuring approval By YUKA HAYASHI Nov. 24, 2015 WASHINGTON—When federal regulators launched a controversial crackdown o...
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Subcommittee Continues Dodd-Frank Oversight with Conflict Minerals Hearing
Nov 17, 2015
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WASHINGTON - The Financial Services Monetary Policy and Trade Subcommittee today held a hearing as part of the full committee’s continued oversight of the the Dodd-Frank Act, signed into law by President Obama five years ago. Today’s hearing focused on the conflict minerals provision in Dodd-Frank. ...
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Hensarling Calls for Accountability and Transparency at the Federal Reserve
Nov 4, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Federal Reserve Chair Janet Yellen on the Fed’s supervision and regulation of the financial system: The Dodd-Frank Act requires the Federal Reserve’s Vice Chair of Supervisio...
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Committee Passes Reform Bills to Support Economic Growth and Increase Accountability of Washington Regulators
Nov 4, 2015
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The Financial Services Committee approved several bills today designed to support greater economic growth and increase oversight and accountability of unchecked financial regulators. “Instead of ending ‘Too Big to Fail’ and taxpayer-funded Wall Street bailouts, the Dodd-Frank Act enshrines them into...
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Hensarling Opening Statement at Markup of Legislation to Empower Consumers and Job Creators
Sep 30, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of five bills to empower consumers and job creators: The Committee meets to consider five important bills, the majority of them bipartisan and all of them designed t...
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Hensarling: “Hardworking Americans deserve better than Dodd-Frank”
Jul 28, 2015
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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 America’s economic prosperity in the five years since the Dodd-Frank Act became law. This hearing is the latest in a ser...
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Dodd-Frank Contributes to Weakest Recovery of Modern Era
Jul 28, 2015
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WASHINGTON- The Financial Services Committee held a full committee hearing today to examine America’s economic prosperity in the five years since the Dodd-Frank Act became law. This hearing was the latest in a series focused on the impact Dodd-Frank has had on prosperity, freedom and financial stab...
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Dodd-Frank Fifth Anniversary Round-Up
Jul 27, 2015
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Dodd-Frank turns 5: What mess …what Dodd-Frank actually did was to deliver yet another massive government intervention to cover up the lies of past government interventions that directly led to last decade's economic meltdown. …What an absolute mess. And it's exactly what you get when, instead of p...
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Media Buzz: Committee Members Evaluate Dodd-Frank's Impact On Its Fifth Anniversary
Jul 23, 2015
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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 bru...
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