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Chairman Hensarling Comments on Expected Nomination of Dr. Janet Yellen

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) tonight issued the following statement on President Obama’s expected nomination of Dr. Janet Yellen to be the next chairman of the Federal Reserve: “I congratulate Dr. Yellen on her nomination. It is my hope that, if confirmed, she will lead the Federal Reserve to adopt a more transparent and rules-based monetary policy that…

Hensarling Response to Treasury Debt Ceiling Report

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to the Treasury Department’s report on the potential effects of not raising the nation’s debt ceiling: “If there is one person who can make sure we do not default on the full faith and credit of the United States it is President Obama. That is why House Republicans passed H.R.…

Hensarling Statement on Five-Year Anniversary of TARP

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement today on the five-year anniversary of the Troubled Asset Relief Program (TARP). Chairman Hensarling also served on the Congressional Oversight Panel for TARP. “During my work on the Congressional Oversight Panel for TARP, it became clear to me that the great tragedy of the financial crisis was…

Sunday Video Message | Rep. Randy Hultgren

| Posted in Member Corner

Congressman Randy Hultgren (Twitter | Facebook) delivers this week's Sunday Video Message on his legislation -- H.R. 992, the Swaps Regulatory Improvement Act. H.R. 992 will be considered on the House floor this week. 

Weekend Must Reads

| Posted in Member Corner

Mercatus | The Myth of Deregulation and the Financial Crisis Did “deregulation” cause the financial crisis? Our conclusion was that there was no measurable, net deregulation leading up to the financial crisis. Omaha World-Herald | Mortgage lending at risk if rules not delayed, banker says Without a delay of onerous Dodd-Frank mortgage regulations, some banks will stop…

Media Buzz: The FHA Bailout of 2013

| Posted in Member Corner

Update: Chairman Hensarling Comments on Obama Administration’s Confirmation of $1.7 Billion Taxpayer-Funded Bailout for FHA Back in February, Chairman Hensarling cautioned that: "If the FHA were a private financial institution, likely somebody would be fired, somebody would be fined, or the institution would find itself in receivership." Instead, he added, "it is merely, and merrily, on…

Chairman Hensarling Statement on FHA Bailout

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement concerning reports that the Federal Housing Administration will require a bailout