News List

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of January 30. On Wednesday, the House of Representatives is scheduled to consider a joint resolution of disapproval of the Securities and Exchange Commission’s (SEC) resource extraction rule.  This resolution is provided for under the Congressional Review Act and was… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding the appointment of Mark McWatters as Acting Chairman of the National Credit Union Administration: “I commend President Trump for appointing Mark McWatters to this key position.  Mark is highly capable and extremely well qualified for this role.  He brought a free… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced subcommittee assignments for Republican members on Thursday. New committee members and the committee’s leadership team were previously announced. “As we begin a new and exciting era for our nation under a unified Republican Government, our committee and subcommittees have a chance to lead in a bold, new direction.… Read more »

After President Trump today said Congress should make financial regulatory reform a priority to “help striving Americans get the credit they need to realize their dreams” and Vice President Pence said “dismantling Dodd-Frank” is a top legislative priority for the Trump Administration, House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement: “No… Read more »

Obama’s last minute FHA move put “taxpayers and home buyers” at risk “The new administration was perfectly justified in undoing it” “The proposed reduction had not taken effect, so no borrower is hurt” By Editorial Board One of the Obama administration’s final actions was to slash the fee that mortgage borrowers must pay for Federal Housing Administration insurance on eligible loans. One… Read more »

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray may have violated federal law that governs agency rulemaking procedures, according to an investigative report released today by Republican members of the House Financial Services Committee. The report, based on internal CFPB documents obtained by the committee, uncovers several potential legal problems with the Bureau’s… Read more »

WASHINGTON -- House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding news that the National Flood Insurance Program (NFIP) will borrow another $1.6 billion from hardworking American taxpayers: “The National Flood Insurance Program is poorly designed, costly and in desperate need of fundamental reform.  A market monopoly and… Read more »

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px 'Times New Roman'; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Securities and Exchange Commission Chair Mary Jo White’s criticism of accountability legislation: “It’s disappointing that Chair… Read more »

House Floor Action Focused on Committee Bills The 115th Congress is picking up right where the 114th left off:  passing bipartisan Financial Services Committee bills to help grow America’s Main Street economy and make Washington accountable. During the 114th Congress, 69 percent of the bills reported by the committee passed the House and 36 bills were signed into law. The House this… Read more »

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