News List

The Financial Institutions and Consumer Credit Subcommittee held a hearing today to examine legislative proposals to improve transparency and accountability at the CFPB.  Subcommittee Chairman Shelley Moore Capito (R-WV) said the bills discussed at today’s hearing represent “a continuation of this committee’s efforts to make the Consumer Financial Protection Bureau a more… Read more »

WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the Financial Stability Oversight Council:  CLICK HERE TO WATCH The committee’s hearing today is on the Financial Stability… Read more »

“It is easy reverse engineer and identify the people in our database.” “At present we are allowed to have any federal employee gain access” to the database. House Financial Services Committee Chairman Jeb Hensarling and Senate Banking Committee Ranking Member Mike Crapo this week sent a letter to the CFPB and FHFA raising serious privacy concerns about the massive federal mortgage… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement today in response to the Senate Banking Committee’s markup of S. 1217, the Housing Finance Reform and Taxpayer Protection Act: "It is always good to see members of Congress working to move the complicated and contentious issue of housing finance reform forward. I’ve long said we cannot… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of May 19. Tuesday, May 20, at 10:00 AM: A full committee 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. Last week,… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee has subpoenaed two CFPB officials and a union representative to appear before the Subcommittee on Oversight and Investigations on May 21. The subcommittee is conducting an ongoing investigation into allegations of discrimination and retaliation at the CFPB. These allegations were first… Read more »

 CLICK HERE TO WATCH Last week, the Financial Services Committee met to take up a number of strategies designed to spur job… Read more »

On Wednesday, the full committee marked up several bills designed to grow the economy, create jobs, and relieve the regulatory burden for community financial institutions.  "We received some bad news recently that more than 800,000 Americans, almost a million, left the workforce last month alone. Many simply could not find a job to make ends meet, no matter how hard they tried. … Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee hearing with Treasury Secretary Jacob Lew: Secretary Lew, we welcome you back to the committee. We all hope on the state of the international finance system, we trust your testimony will prove insightful and forthright. I would note on his very first day in… Read more »

During a hearing with Treasury Secretary Jacob Lew on Thursday, House Financial Services Committee Chairman Jeb Hensarling (R-TX) said the Financial Stability Oversight Council (FSOC), which Secretary Lew chairs, “should cease and desist” from designating more financial firms as  “too big to fail” until there is an opportunity for greater congressional oversight of the council’s… Read more »