News List

Since 1893, Owingsville Banking Company (OBC) has served the citizens of rural Bath County Kentucky. The bank endured the Great Depression, the stagflation of the 1970s and, most recently, the Great Recession. Today, however, OBC faces a new challenge -- not the difficult market conditions of this tepid economic recovery, but an avalanche of Washington regulations.  In the… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today delivered the following remarks on the House floor in support of H.R. 1105, the Small Business Capital Access & Job Preservation Act. Read more »

The Problem: Excessive and unnecessary regulations hurt our economy, increase costs and restrict access to private sector capital that our nation’s job creators need to grow the economy and create jobs.  The Example: Title IV of the Dodd-Frank Act imposes new registration and reporting requirements on hedge funds and private equity firms.  Specifically, Title IV requires… Read more »

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.m. the Financial Institutions and Consumer Credit Subcommittee will… Read more »

Chairman Hensarling Op-Ed | November 27, 2013 Persistently weak job growth, higher taxes on families and record-breaking government debt are the hallmarks of the failed economic experiment known as Obamanomics. It is an experiment made up of many policies, but its core revolves around one central belief: A larger, more powerful, more… Read more »

Congressman Robert Pittenger (Twitter | Facebook) delivers this week's Sunday Video Message on the dangerously unaccountable Consumer Financial Protection Bureau (CFPB). The committee approved six bills to reform the CFPB last week.  Read more »

The House Financial Services Committee today passed six bills to bring oversight, accountability and transparency to the Consumer Financial Protection Bureau (CFPB), including bills to protect consumer privacy. Read more »

  Editorial | November 20, 2013 It has been five years since Lehman Brothers collapsed and longer since the US subprime bubble burst. Yet plans to reform Fannie Mae and Freddie Mac – the government-sponsored behemoths that underwrite the US housing market – are little nearer to completion. Both Republicans and the Obama administration… Read more »

The Financial Services Housing and Insurance Subcommittee held a hearing today on the importance of implementing the Biggert-Waters Flood Insurance Reform Act in order to protect taxpayers from having to continue bailing out the debt-ridden National Flood Insurance Program (NFIP). Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of Consumer Financial Protection Bureau (CFPB) reform legislation: Read more »