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Chairman Hensarling Opening Statement at Full Committee Markup of Jobs Bills

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of several bills designed to help grow the economy, create jobs, and relieve the regulatory burden for community financial institutions: Today the Committee meets to consider a number of different bills to help relieve the burden of regulatory red…

Financial Services Committee Schedule for Week of May 5

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of May 5. Wednesday, May 7 at 10:00 am: The Financial Services Committee will hold a markup on legislation to enhance capital formation for small and emerging growth companies and provide regulatory relief for community financial institutions. In addition, the…

FSC Majority | Week in Review

| Posted in Member Corner

Committee Holds SEC Accountable On Tuesday, the full committee held an oversight hearing with SEC Chair Mary Jo White to discuss the Commission's agenda, operations, and 2015 budget.  "The SEC’s budget has grown substantially in recent years. In fact, the SEC’s budget has increased by 80 percent in the last 10 years and by nearly 300 percent since the year 2000. I again note that…

Media Buzz: On 20-0 Vote, Subpoenas Approved in Investigation of CFPB

| Posted in Member Corner

Republicans and Democrats on the House Financial Services Oversight and Investigations Subcommittee voted 20-0 to subpoena two CFPB officials and a union representative as part of its ongoing investigation into allegations of discrimination and retaliation at the Bureau. Wall Street Journal: House Panel Votes to Subpoena CFPB…

Subcommittee Subpoenas 3 in Investigation of Discrimination and Retaliation at CFPB

| Posted in Press Releases

The House Financial Services Oversight and Investigations Subcommittee today voted to subpoena two CFPB officials and a union representative as part of the subcommittee’s ongoing investigation into allegations of discrimination and retaliation at the Bureau. The CFPB and the National Treasury Employees Union (NTEU) did not allow the officials to appear as witnesses at a subcommittee…

Chairman Hensarling Issues Statement on Export-Import Bank’s Reauthorization Request

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today released the following statement on the Export-Import Bank’s official request to Congress for a 5 year reauthorization and increase in its lending cap.   “I have always believed that re-authorizing the Export-Import Bank is a bad idea. In many respects, it’s the face of cronyism.  So I was…

FSC Committee Schedule for Week of April 28

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling today announced the committee’s hearing schedule for the week of April 28. Tuesday, April 29 at 10 A.M. - The Financial Services Committee will hold an oversight hearing with Securities and Exchange Commission Chair Mary Jo White to examine the SEC’s rulemaking agenda, operations and $1.7 billion budget request. Committee…

Oversight and Investigations Subcommittee Announces Business Meeting

| Posted in Press Releases

The House Financial Services Subcommittee on Oversight and Investigations today announced it will hold a business meeting on Tuesday, April 29th for the purpose of authorizing the issuance of subpoenas compelling the testimony of two CFPB employees—M. Stacey Bach, Assistant Director of the Office of Equal Employment Opportunity; and Liza Strong, Director of Employee Relations—as well as…

Financial Services Committee to Hold Oversight Hearing on SEC

| Posted in Press Releases

Securities and Exchange Commission Chair Mary Jo White will testify before the House Financial Services Committee on Tuesday, April 29. The committee will hold an oversight hearing to examine the SEC’s rulemaking agenda, operations and $1.7 billion budget request. Committee members are also expected to discuss financial commitments made for technology projects from the SEC’s $100 million…