News List

  CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Consumer Financial Protection Bureau Director Richard Cordray: The CFPB… Read more »

Committee Pushes for Accountability and Transparency Reforms at the Federal Reserve Republicans at this week’s hearing with Federal Reserve Chair Janet Yellen raised questions about how much influence the executive branch holds over the central bank and argued in favor of accountability reforms to both protect the Fed’s independence in its conduct of monetary policy and to help give the… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of March 2: Tuesday, March 3rd at 2:30 P.M.- A full committee hearing to receive the Semi-Annual Report of the Bureau of Consumer Financial Protection from Director Richard Cordray. The hearing will take place in room HVC-210 of the Capitol Visitor Center. Thursday,… Read more »

“If independence is an issue, than we really ought to examine the independence of the Fed from the executive branch of government.  That’s where the real threat is, not from the legislative branch”   CLICK HERE TO WATCH House Financial Services Committee Chairman Jeb Hensarling (R-TX) was interviewed on… Read more »

1). The Ex-Im Bank may harm as many jobs as it claims to support. Government export finance assistance programs like Ex-Im “largely shift production among sectors within the economy rather than raise the overall level of employment in the economy.” - Government Accountability Office, “Export-Import Bank: Key Factors in Considering Ex-Im Bank Reauthorization” “[A]t best the Ex-Im Bank… Read more »

  CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Federal Reserve Chair Janet Yellen: As Chair… Read more »

Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, will participate in a discussion on fighting cronyism at the 2015 Conservative Political Action Conference (CPAC) on Friday, February 27th. The panel discussion, titled “Friends in Low Places: How Cronyism Corrupts Free Markets,” will focus on pro-growth, pro-Main Street economic principles instead of… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of February 23: Wednesday, February 25 at 10:00 AM - A full committee hearing to receive the semi-annual report on Monetary Policy and State of the Economy from Federal Reserve Chair Janet Yellen. The hearing will take place in room HVC-210 of the Capitol Visitor… Read more »

Committee Examines Risky Practices at FHA The committee held a hearing on Wednesday to examine the fiscal health of the Federal Housing Administration (FHA) and heard testimony from Housing and Urban Development Secretary Julian Castro. "We all recall the famous admonition from Spanish philosopher Santayana who said, 'Those who do not remember the past are condemned to… Read more »

American Banker: Republicans Hammer Castro Over FHA Premium Reduction "Don't you care about those people? Are you so inclined to write more loans that you are just trying to entice them for $20 or $30 to get into a house that they can't afford?" "This is what brought us to this crisis in the first place and you are going down the exact same road." - Subcommittee Chairman Scott… Read more »