News List

  • 5 Important Facts About the Export-Import Bank
    Feb 25, 2015 - 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 ... More
  • Hensarling: Fed Reforms Are Needed…Fed Reforms Are Coming
    Feb 25, 2015 - 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 Yellen delivers her semi-annual report today, we have an opportunity to examine the state of ... More
  • Hensarling to Speak Out Against Washington Cronyism at the Conservative Political Action Conference
    Feb 24, 2015 - 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 Corrupt... More
  • Committee Hearing Schedule for the Week of February 23
    Feb 20, 2015 - 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 C... More
  • FSC Majority | Week in Review
    Feb 13, 2015 - 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 S... More
  • ICYMI: Committee Warns of Repeating Mistakes That Led to Financial Crisis
    Feb 12, 2015 - 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 p... More
  • Hensarling: “This debt…it will damage our economy and it will cost us jobs.”
    Feb 12, 2015 - CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of its Budget Views and Estimates for the FY 2016 budget: Those who are not freshmen know that we run the debt clock in the proceedings of this ... More
  • Committee Members Raise Concerns FHA is Putting People into Homes They Can’t Afford to Keep
    Feb 12, 2015 - During yesterday’s hearing with the secretary of Housing and Urban Development, members of the Financial Services Committee continually raised concerns that misguided Washington policies are hurting taxpayers and homebuyers by putting them into homes they can’t afford to keep. The Federal Housing Ad... More
  • Hensarling: The Best Program of Affordable Housing is a Growing and Healthy Economy
    Feb 11, 2015 - CLICK HERE TO WATCH Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Housing and Urban Development Secretary Julian Castro: Last year I think we all know was the 50th anniversary of the “War on Poverty” and ... More
  • Committee Members Concerned FHA is Harming Those It is Supposed to Help
    Feb 11, 2015 - Financial Services subcommittee chairmen Rep. Bill Huizenga (R-MI) and Rep. Scott Garrett (R-NJ) raised concerns with Housing and Urban Development Secretary Julian Castro that FHA practices are putting taxpayers and homebuyers at risk. Taxpayers were forced to bail out FHA in 2013, and today the a... More