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FSC Majority | Week in Review

| Posted in Member Corner

Full Committee Examines Terrorist Financing and the Islamic State The Financial Services Committee examined ongoing U.S. efforts to stop the Islamic State (ISIL) and other terror groups from obtaining and deploying financial resources at a hearing on Thursday. “Unlike al Qaeda and other terror groups with which we are familiar and rely mainly on private donations and state sponsorship…

Hensarling Opening Statement on Terrorist Financing and the Islamic State

| Posted in Press Releases

  CLICK HERE TO WATCH WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on terrorist financing and the Islamic State:   “The 9/11 Commission estimated that al Qaeda’s brutal, evil attack on…

Hensarling Comments on Report Ex-Im Mischaracterizes Help for Small Businesses

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement concerning a media report that the Export-Import Bank has mischaracterized “large companies and units of multinational conglomerates as small businesses”. “Rarely does Ex-Im miss a PR opportunity to claim that it primarily helps small business, but Ex-Im is again playing fast and loose with…

11/10/2014 | Weekly Rundown

| Posted in Member Corner

On Thursday at 10:00 a.m. the Full Committee will hold a hearing to examine terrorist financing and the Islamic State.

Hensarling Announces Committee Hearing on Islamic State’s Financing

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee will hold a hearing next Thursday on “Terrorist Financing and The Islamic State” to examine U.S. efforts to disrupt the terror organization’s primary sources of funding. “The enormous wealth of the Islamic State, at least compared to other terrorist groups, compounds its brutality and enhances its…

Hensarling Statement on Outlook for 114th Congress

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement concerning the outlook for the 114th Congress: “The American people want a fresh start in Washington because they know Washington’s way of over-regulating, over-taxing and over-spending doesn’t work.  They have entrusted Republicans with a stronger legislative hand to address these problems,…

FSC DIGITAL SHORT - “The Thing That Kills Jobs!”

| Posted in Member Corner

 CLICK HERE TO WATCH HORROR! SHOCK! DEVASTATION! Top-down regulations from Washington make it harder to have a growing economy on Main Street that creates good jobs.  Yet each year Washington churns out page after page of new regulations, rules and red tape in the Federal…

Chairman Hensarling Comments on End of Fed’s Stimulus: ‘In Both Time and Money, QE Has Overstayed Its Welcome’

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on the Federal Reserve’s announcement today that the central bank is ending its massive experiment in stimulus spending known as “quantitative easing”: "The end of QE is good news. While many believe monetary accommodation was necessary in 2008 and 2009, the Federal Reserve allowed its…

Chairman Hensarling Comments on Risk Retention Rule

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on the final risk retention rule adopted by federal regulators today – three years after the rule was first proposed.  As required by the Dodd-Frank Act, the rule defines “qualified residential mortgage” (QRM) and exempts securitizations of QRMs from risk retention. “Dodd-Frank gave regulators…