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Hensarling on CNBC’s The Kudlow Report & FNC’s Hannity

| Posted in In Case You Missed It

WASHINGTON – Congressman Jeb Hensarling (R-Texas) – a leading conservative and chairman of the House Financial Services Committee – joined CNBC’s The Kudlow Report and FNC’s Hannity last night to discuss the Federal Reserve’s monetary policy and President Obama’s harmful sequestration.

Hearing Shows 'High Risk' FHA is a Threat to Hardworking Taxpayers

| Posted in Member Corner

Just one day after the Financial Services Committee held its second hearing in as many weeks on the shaky finances of the Federal Housing Administration (FHA), the Government Accountability Office (GAO) announced it has added the FHA to its list of “High Risk” government programs. Every two years, GAO identifies programs that are at “high risk due to their greater vulnerability to fraud,…

Chairman Hensarling Statement on FHA Being Added to "High Risk" List by GAO

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling released the following statement today after the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to fraud, waste, abuse and mismanagement or the need for transformation”.

Chairman Hensarling: "For us to have a healthy economy, we must put the nation on a sustainable fiscal path. And to have a sustainable fiscal path, we must also have a sustainable housing finance system. I have grave fears that FHA, as it is operating today, is an impediment to both."

| Posted in Press Releases

WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing titled “Bailout, Bust, or Much Ado About Nothing?: A Look at the Federal Housing Administration’s 2012 Actuarial Report.”

Chairman Hensarling: "Open Question Whether FHA Has Now Morphed into Countrywide. Arguably, the FHA Has Now Become the Nation's Largest Subprime Lender"

| Posted in Press Releases

WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing on the proper role of the Federal Housing Administration (FHA) in the nation's mortgage insurance market.  Today's hearing is the first in a series of hearings the committee plans on the FHA.    "Last week many of us awoke to…

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