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Hensarling Statement on Fed/Treasury Secret Plan to Prioritize Debt Payments

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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on Friday concerning reports that the Federal Reserve and the Obama Administration had secretly formulated a plan to prioritize debt payments in case the nation’s borrowing authority was not raised: “The Obama Administration has been caught in another lie.  As these newly released Fed…

House Acts to Require Benefits of SEC Regulations Justify Costs

| Posted in Press Releases

The House approved bipartisan legislation on Thursday to ensure that the benefits of proposed regulations from the Securities and Exchange Commission (SEC) justify the costs to jobs, economic growth, and capital formation. The SEC Regulatory Accountability Act, sponsored by Financial Services Committee member Rep. Ann Wagner (R-MO), passed 243-184. “Ill-advised laws like the Dodd-Frank…

House Passes Bipartisan Bill to Support Job Growth

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Startup companies will find it easier to attract investments that allow them and other small businesses to grow and create jobs under the Helping Angels Lead Our Startups Act (HALOS Act). The HALOS Act – which passed the House with bipartisan support Tuesday 344-73– defines an “angel investor group” and clarifies a regulation issued by the Securities and Exchange Commission about when a…

Hensarling: Obama 'Parting Gift' Puts Taxpayers at Risk of Another FHA Bailout

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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding HUD Secretary Julian Castro’s announcement to lower Federal Housing Administration (FHA) mortgage insurance premiums: “It seems the Obama administration’s parting gift to hardworking taxpayers is to put them at greater risk of footing the bill for yet another bailout.  Just…

Hensarling Announces Committee Leadership Team

| Posted in Press Releases

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s leadership team for the 115th Congress. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all Americans,” said Chairman Hensarling.  “Our committee will continue to develop bold,…

Hensarling Welcomes New Committee Members

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House Financial Services Committee Chairman Jeb Hensarling today welcomed 10 new Republican members who will serve on the committee for the 115th Congress, pending ratification by the House Republican Conference on Friday. “I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all…

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