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Hensarling to Appear on CSPAN’s Newsmakers

| Posted in Member Corner

House Financial Services Committee Chairman Jeb Hensarling (R-TX) will appear on CSPAN’s Newsmakers this Sunday, January 25th at 10:00 a.m. and 6:00 p.m. ET.  The Chairman will offer his thoughts on the President’s State of the Union speech, fundamental tax reform, the economy, and the need for Congress to pass sustainable housing finance reform.   …

Hensarling Statement on Committee’s Oversight Plan

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s full committee markup to adopt the committee’s oversight plan for the 114th Congress.  The committee voted unanimously to approve the oversight plan: The rules of the House require each standing committee to adopt an oversight plan.  The Financial Services Committee meets…

ICYMI: The Federal Housing Administration’s risky move to lower premiums

| Posted in In Case You Missed It

January 20, 2015   The Federal Housing Administration’s risky move to lower premiums By The Washington Post Editorial Board January 16 Contrary to many confident predictions by its leadership, the Federal Housing Administration needed a $1.7 billion federal bailout in September 2013, the first time in its history that the agency, which…

Hensarling: Obama’s ‘Trickle Down’ Taxes Will Hurt Consumers

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in response to President Obama’s plan for higher taxes, including a new tax on lending: “Hardworking taxpayers deserve a path forward to financial independence, one that gives them more control over their finances.  Unfortunately, if President Obama has his way, hundreds of billions of…

FSC Majority | Week in Review

| Posted in Member Corner

Bipartisan Majority Passes Regulatory Relief Bill to Help Create Jobs On Wednesday the House passed H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act, with a bipartisan vote of 271-154. The bill is a package of 11 targeted measures overwhelmingly supported by Republicans and Democrats in the 113th Congress which reduce regulatory burdens and make it easier for…

Financial Services Holds Organizational Meeting, Announces Republican Subcommittee Assignments

| Posted in Press Releases

Today, the House Financial Services Committee held its organizational meeting for the 114th Congress to adopt its rules package. Chairman Hensarling announced subcommittee assignments for the committee’s Republican members and his full leadership team for the 114th Congress. “I look forward to working alongside my colleagues to pass laws that help grow the economy from Main Street up,…

Bipartisan House Majority Again Approves Regulatory Relief for Main Street

| Posted in Press Releases

In a strong bipartisan vote, the House on Wednesday approved legislation to ease some of the growing regulatory burden on Main Street businesses by a vote of 271-154. The legislation – the Promoting Job Creation and Reducing Small Business Burdens Act - is substantially identical to a bill that passed the House last September by a vote of 320-102, and many of its 11 titles passed the…

Reuters: U.S. Lawmaker Directs Consumer Bureau to Ditch Office Upgrade

| Posted in In Case You Missed It

LINK TO THE STORY A top Republican lawmaker on Monday urged the U.S. Consumer Financial Protection Bureau to abandon the renovation of its Washington building and find cheaper office space, a sign critics intend to keep up scrutiny of the agency this year.   House Financial Services Committee Chairman Jeb Hensarling said in a letter to bureau Director Richard Cordray that…

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