Skip to Content

Subcommittee Reflects on a Century of Central Banking

| Posted in Press Releases

As the Federal Reserve marks the 100th anniversary of its creation this year, the Financial Services Subcommittee on Monetary Policy and Trade today kicked off a series of oversight hearings to examine the central bank’s conduct of monetary policy.

Weekly Rundown

| Posted in Member Corner

Congress is back from the August District Work Period and in the Financial Services Committee, we're getting straight to work with three hearings in three days. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for more information throughout the week.  Here's what's happening:  Leading off the week…

Hensarling in the House: Rep. Jeb Hensarling pushes housing reform center stage

| Posted in Member Corner

House Financial Services Committee chairman talks U.S. housing reform By Kerri Ann Panchuk at Housing Wire  Stepping in front of a hometown audience in Dallas, House Financial Services Committee Chairman Jeb Hensarling captured the local crowd with a simple joke: "Everything is bigger in Texas… except for me," the congressman jested, as he situated his small frame behind a tall…

Chairman Hensarling: A taxpayer-friendly alternative to Fannie Mae and Freddie Mac

| Posted in Member Corner

Chairman Hensarling Op-Ed | August 27, 2013 Soon we will mark the fifth anniversary of the financial crisis that wrecked our economy, left millions of Americans unemployed and from which we have yet to recover.  From a public policy perspective, the great tragedy of the financial crisis was not that Washington failed to prevent it, but…

Mortgage Makeover: It’s time to fix Fannie Mae, Freddie Mac

| Posted in Member Corner

Editorial | August 16, 2013 It’s not often that Republican Rep. Jeb Hensarling of Dallas and President Barack Obama read from the same script. We’re pleased they are doing just that when it comes to clipping the wings of Fannie Mae and Freddie Mac. Fannie and Freddie were created to make sure that the secondary mortgage market is liquid and…

Weekend Must Reads

| Posted in Member Corner

Sen. Phil Gramm and Mike Solon | The Clinton-Era Roots of the Financial Crisis Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. Caroline Baum | Krugman Tries to Bury Friedman, Buries Himself It’s good that Milton Friedman is dead, because for the past week Paul Krugman has been trying to kill him off…