News List

The House Financial Services Oversight and Investigations Subcommittee voted today to authorize subpoenas for two more whistleblowers who have come forward alleging discrimination and retaliation at the CFPB. The whistleblowers -- CFPB Examiner Ali Naraghi and former Bureau employee Kevin Williams – asked to be subpoenaed in order to protect their interests and guard against further… Read more »

  CLICK HERE TO WATCH  WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following opening statement at today’s full committee markup: 12.2 percent. That is the rate of underemployment or real unemployment in today’s economy. The latest figures show… Read more »

WSJ Editorial | June 9, 2014 One issue that has Republicans at the grass roots tearing at each other instead of fighting Democrats is the sense that the Beltway GOP protects… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of June 9: Tuesday, June 10 at 10:00 A.M.- The full committee will mark up legislation to bring much needed accountability and transparency to the CFPB.  It will also consider bills designed to improve capital formation for job-creating small businesses and… Read more »

… Read more »

CLICK HERE TO WATCH Last week, the Financial Services Committee held a hearing to examine the Financial Stability Oversight Council’s (FSOC) designation process for deeming banks and non-bank firms as “systemically important” and the impact of such designations. Watch Rep. Scott Garrett (Twitter|Facebook) discuss those ideas and more in this week's FSC Video Message. Read more »

Committee Examines the Dangers of FSOC’s Designation Process On Tuesday, the full committee held a hearing to examine the Financial Stability Oversight Council’s (FSOC) designation process for deeming banks and non-bank firms as “systemically important” and the impact of such designations. "FSOC was established—or so its… Read more »

The House Financial Services Committee today passed 11 bills to enhance capital formation for small and emerging growth companies and provide regulatory relief for community financial institutions. “When we, as a committee, have the opportunity to help put Americans back to work, to help create jobs, we have the responsibility to do so and hopefully to do so on a bipartisan basis. This… Read more »

The Congressional Budget Office (CBO) today confirmed that the Export-Import Bank would cost taxpayers $2 billion over 10 years if the federal government followed more accurate accounting rules. “The Export-Import Bank and its supporters claim it makes money for taxpayers.  As I have said previously, the Export-Import Bank’s supposed profits are nothing more than an… Read more »

As part of its ongoing investigation into allegations of racial and gender discrimination and employee retaliation at the CFPB, the House Financial Services Oversight and Investigations Subcommittee today heard testimony from witnesses who were subpoenaed to appear before the panel. “The fact is that discrimination on the basis of race, sex or other prohibited factors is destructive,… Read more »