News List

  • Regulators Questioned on ‘Too Big to Fail’ Designations and Lack of Transparency
    Dec 8, 2015 - WASHINGTON – Members of the Financial Stability Oversight Council (FSOC) faced questions about their ability to designate insurers and financial companies as “systemically important” and the Council’s lack of openness and transparency at an oversight hearing of the Financial Services Committee on Tu... More
  • WEEK IN REVIEW
    Dec 4, 2015 - House Passes Hensarling's Amendment Including 15 Bipartisan Financial Services Bills On Thursday the House of Representatives passed a five-year highway bill that includes Chairman Jeb Hensarling's (R-TX) amendment of 15 bipartisan financial services bills. These bills have all previously passed th... More
  • Media Advisory: Terrorist Financing, Data Security Among Committee Bills Slated for Action Next Week
    Dec 4, 2015 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for next week. Tuesday, December 8 at 10:00 A.M. – Eight of the Financial Stability Oversight Council’s 10 voting members will appear before the Financial Services Committee for an oversight h... More
  • Hensarling on Combatting Terror Financing
    Dec 3, 2015 - On Thursday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) joined House Majority Leader Kevin McCarthy and other House chairmen to discuss the Committee’s work to combat terror financing. Chairman Hensarling’s remarks are below: “Well, clearly as a Congress we have no more import... More
  • Hensarling Amendment of 15 Bipartisan Bills Included in Final Highway Legislation Passed by House
    Dec 3, 2015 - The final version of the five-year highway bill approved by the House today includes an amendment offered by Financial Services Committee Chairman Jeb Hensarling (R-TX) of 15 bipartisan financial services bills. The 15 bills included in the Hensarling amendment had previously passed the House as st... More
  • Subcommittee Reviews Legislation to Enhance Capital Formation
    Dec 2, 2015 - The Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing today to review legislative proposals that are designed to improve U.S. capital markets. Subcommittee Chairman Scott Garrett (R-NJ) said in his opening statement, “While the recent finalization of... More
  • U.S. News: Take Away the CFPB's Keys
    Dec 2, 2015 - WASHINGTON -- If all you knew about Mr. Brown was his surname, sex and zip code, do you think you could tell if he was black or white? The Consumer Financial Protection Bureau thinks it can – which is just one more reason it should be abolished. The regulatory frenzy that accompanied President Bara... More
  • Hensarling Statement on Highway Bill
    Dec 1, 2015 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX), who served on the Conference Committee for H.R. 22, the Fixing America’s Surface Transportation (FAST) Act, released the following statement: “I want to commend Chairman Shuster for his dedication to an open process both in th... More
  • Fed’s Emergency Lending Rule Leaves the Door Wide Open to Future Taxpayer-Funded Bailouts
    Nov 30, 2015 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the emergency lending rule adopted by the Federal Reserve on Monday: “Five years after Dodd-Frank became law, ‘too big to fail’ is unfortunately alive and well and this rule from the Federal Reserve does... More
  • Media Buzz: Effective Committee Oversight Reveals CFPB's Deceptive Efforts to Allege Racial Bias in Auto Lending
    Nov 30, 2015 - 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... More