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ICYMI: Hensarling Profile in Last Friday's WSJ
Apr 1, 2013
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By Patrick O'Conner WASHINGTON—During Jeb Hensarling's first congressional bid, a man at a campaign stop in Athens, Texas, asked the Republican if he was "pro-business." "No," the candidate replied, drawing curious stares from local business leaders who had gathered to hear him speak, a former Hens...
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Weekend Must Reads
Mar 24, 2013
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American Banker: Fannie and Freddie Must Go One of the priorities of Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, is to end the conservatorship of Fannie Mae and Freddie Mac and let the private sector take the primary role in operating the residential mortgage industry. N...
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Committee Addresses FHFA, Community Banking
Mar 22, 2013
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FHFA In 2008, Fannie Mae and Freddie Mac, the two giant government sponsored entities which helped fuel the housing bubble, received the largest bailout in U.S. history. Serving as Acting Director of the Federal Housing Finance Agency (FHFA), Edward DeMarco has been tasked with managing the GSEs’ m...
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Hensarling Announces April Hearing Schedule
Mar 21, 2013
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for April. Throughout the month, the committee will continue its focus on creating a sustainable housing finance policy, relieving the regulatory burden on small community financial institution...
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Financial Services Committee Chairman Jeb Hensarling Comments on FOMC Decision to Continue Monetary Stimulus
Mar 20, 2013
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement today about the Federal Open Market Committee’s decision to continue its highly accommodative monetary policy stance: “The Federal Reserve’s continued efforts at economic stimulus clearly are not working. ...
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More Regulations, Fewer Community Banks Due to Dodd-Frank
Mar 20, 2013
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Nearly three years after the enactment of the Dodd-Frank Act, community banks continue to struggle with navigating the confusing, complex, voluminous, and harmful rules and regulations of this law according to a recent report from the Federal Deposit Insurance Corporation (FDIC) reviewed at today’s ...
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Chairman Hensarling's Opening Statement at Today's Hearing with FHFA Director Edward J. DeMarco
Mar 19, 2013
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delievered the following opening statement at today's hearing with Federal Housing Finance Agency Director Edward J. DeMarco: "I would like start off by quoting from our witness’s testimony. ‘Few of us could have imagined in 2008 that...
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Weekend Must Reads
Mar 16, 2013
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National Review: Representative Hensarling on the CFPB The logical import of Noel Canning v. NRLB, the D.C. Circuit’s decision striking down President Obama’s unilateral, non-recess NRLB appointments, is that the president’s similar CFPB director appointment is also unconstitutional. House Financial...
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Subcommittees Focus on FHA; Too Big to Fail
Mar 15, 2013
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FHA Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on Housing and Insurance. Wedn...
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Too Big to Fail; Too Big to Jail?
Mar 14, 2013
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Last week Chairman Hensarling and Oversight & Investigations Subcommittee Chairman McHenry sent a letter to Attorney General Holder and Treasury Secretary Lew seeking any and all documents related to the consideration of economic factors in the decision to prosecute large banks for financial crimes...
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