News List

  • Ex-Im’s project for Australia’s ‘corporate welfare queen’ reportedly ‘set for very large losses’
    Feb 10, 2015 - Several months ago this blog noted that Australia’s richest citizen secured a nearly $700 million loan for a new mining project from American taxpayers thanks to the U.S. Export-Import. Now the Australian Business Review is reporting that the project “is set for very large losses.” In the short term... More
  • Committee Hearing Schedule for the Week of February 9th
    Feb 9, 2015 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for this week: Wednesday, February 11 at 10:00 A.M. - A full committee hearing with Housing and Urban Development Secretary Julian Castro to discuss the financial status of the Federal Housin... More
  • FSC Majority | Week in Review
    Feb 6, 2015 - Subcommittee Examines Legal and Ethical Violations at HUD The Oversight and Investigations Subcommittee heard testimony at its hearing on Wednesday that senior officials at the Department of Housing and Urban Development broke federal law and faced minor consequences for various ethical and legal vi... More
  • Subcommittee Examines Legal and Ethical Violations at HUD
    Feb 4, 2015 - Senior officials at the Department of Housing and Urban Development (HUD) – some of whom were presidentially-appointed and Senate-confirmed – broke federal law and violated employment practices, according to investigators from HUD’s Office of Inspector General and the Government Accountability Offic... More
  • Subcommittee to Examine Allegations of Wrongdoing at HUD
    Feb 3, 2015 - Allegations that senior HUD officials violated federal law and obstructed investigators’ efforts to uncover potential wrongdoing will be discussed at tomorrow’s 10 a.m. hearing of the Financial Services Subcommittee on Oversight and Investigations. Both HUD’s inspector general and the Government Acc... More
  • FSC Majority | Week in Review
    Jan 30, 2015 - Washington ‘Rolling the Dice’ Again on Risky Housing Schemes At a hearing on Tuesday, members of the committee voiced their strong concerns to the Director of the Federal Housing Finance Agency regarding recent FHFA actions that could repeat the same mistakes that led to the financial crisis. "Contr... More
  • Hensarling: Washington is Repeating Same Mistakes That Caused Financial Crisis
    Jan 27, 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 Housing Finance Agency Director Mel Watt: As Yogi Berra once famously said, “It's déjà vu all over again.” Memories are clearly sh... More
  • ICYMI: Watch Chairman Hensarling’s Interview on C-SPAN
    Jan 26, 2015 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) appeared on C-SPAN’s Newsmakers this past Sunday to discuss his thoughts on the President’s State of the Union speech, fundamental tax reform, the economy, and the need for Congress to pass sustainable housing finance reform. You can ... More
  • FSC Majority | Weekly Video Message: Members Discuss SOTU
    Jan 26, 2015 - CLICK HERE TO WATCH In this week's FSC Video Message, members give their thoughts on the president’s State of the Union speech. More
  • FSC Majority | Week in Review
    Jan 23, 2015 - Committee Adopts Oversight Plan On Wednesday the Committee voted unanimously to adopt the Committee's oversight plan for the 114th Congress. "No one in Washington – Republican or Democrat – should ever be allowed to carelessly spend the hard-eared taxpayers’ money. And that is why this committee wil... More