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House to Consider Bills to Help Provide Financial Independence and Regulatory Relief

| Posted in Press Releases

This week, the House will consider a number of bipartisan bills recently passed by the Financial Services Committee to promote a healthier economy, preserve consumer choice, and help Americans achieve the dream of financial independence. The explosive growth of regulation following the enactment of the Dodd-Frank Act has made it significantly harder for community banks and credit unions…

MEDIA ADVISORY: Committee Schedule for the Week of April 13

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Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of April 13. Wednesday, April 15 at 10:00 A.M.- A joint hearing with the Financial Services Committee’s Monetary Policy and Trade Subcommittee and Oversight and Government Reform Committee’s Health Care, Benefits and Administrative Rules Subcommittee to examine…

MEDIA ADVISORY: HOUSE FINANCIAL SERVICES AND OVERSIGHT SUBCOMMITTEES TO EXAMINE STATUS OF EXPORT-IMPORT BANK REFORMS

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House Financial Services Subcommittee on Monetary Policy and Trade, and Oversight and Government Reform Subcommittee on Health Care, Benefits, and Administrative Rules, will examine Export–Import Bank reforms including the 2012 reauthorization report, during a hearing on Wednesday, April 15, at 10 am. “The Export-Import Bank has long been broken and it is our responsibility to closely…

Committee Leaders Call on Federal Agencies to Disavow Operation Choke Point

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Republican leaders on the House Financial Services Committee are calling on federal financial regulatory agencies to publicly disavow their “past, present, and future involvement in Operation Choke Point or any similar operation” in letters sent Wednesday. The committee Republicans also request that the agencies take internal actions to ensure “deposit account terminations are based on…

FSC Majority | Week in Review

| Posted in Member Corner

Committee Passes 11 Bipartisan Regulatory Relief Bills and Establishes Task Force to Investigate Terrorism Financing The Committee marked up and passed 11 bipartisan regulatory relief bills this week.  The bills are designed to help strengthen the economy, preserve consumer choice and allow more Americans an opportunity to achieve financial independence. As the Committee began…

Committee Passes 11 Bipartisan Regulatory Relief Bills

| Posted in Press Releases

The House Financial Services Committee today approved 11 bipartisan bills designed to help strengthen the economy and consumer choice by relieving community banks and credit unions from some of the harmful regulatory burden imposed by Washington. The explosive growth of regulation following the enactment of the Dodd-Frank Act has made it significantly harder for community banks and…

Hensarling Opening Statement at Bipartisan Regulatory Relief Markup

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  CLICK HERE TO WATCH   Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of 11 bipartisan regulatory relief bills to help preserve consumer choice and provide financial independence for Americans across the country: The…

Hensarling on the House Republican Budget

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House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement after the House passed the Fiscal Year 2016 budget resolution (H. Con. Res. 27): “Budgets are about priorities, and the House Republican budget resolution passed today by the House of Representatives advances several important priorities. To give hardworking, middle income families the…

Hensarling Opening Statement at SEC Oversight and Budget Hearing

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  CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine the Securities and Exchange Commission’s FY2016 budget request and agenda: This morning we welcome Securities and Exchange Commission Chair…

FSC Majority | Week in Review

| Posted in Member Corner

Washington’s Regulatory Burden Harming Consumer Choice and Financial Independence Witnesses told the Committee on Wednesday that Washington’s growing regulatory burden doesn’t just affect a bank or credit union’s bottom line, it also restricts consumers’ choices and access to affordable credit. This is especially true for Americans with low and moderate incomes. "It’s not an exaggeration…