News List

Financial Services Committee Chairman Jeb Hensarling (R-TX) will be the keynote speaker at the Bipartisan Policy Center Housing Commission’s Public Forum on Wednesday, August 13. Chairman Hensarling will discuss legislation to build a sustainable housing finance system – the Protecting American Taxpayers and Homeowners Act (the PATH Act). The committee approved the PATH Act last month. Read more »

Chairman Hensarling said taxpayers will “never ever, ever again be called upon to bail out Washington for irresponsible housing policies” if the Financial Services Committee’s sustainable housing finance reform bill becomes law. The Chairman’s comments came during a discussion of the bill – the Protecting American Taxpayers and Homeowners Act (the PATH Act) – on “Speaking of Taxpayers,”… Read more »

House Republicans are hard at work reforming America’s housing finance system so it’s sustainable for home owners, respectful of hard-working taxpayers, and built to last. Today – more than five years after the financial crisis and three years since the passage of the Dodd-Frank Act – President Obama delivered a speech outlining his principles for housing finance reform.  While it’s… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on President Obama’s speech calling for housing finance reform. Read more »

  Capital Markets & GSEs Subcommittee Chairman Scott Garrett (Facebook | Twitter) delivers this week's Sunday Video Message -- our last before the August District Work Period -- on the PATH Act.   Read more »

Wall Street Journal | Just Another Bureaucracy The Consumer Financial Protection Bureau likes to portray itself as a virtuous, upstart and independent agency focused on helping the little guy. In reality it's just another big bureaucracy that rolls out thousands of pages of new rules every year, generating lucrative business opportunities for lawyers and the agency's… Read more »

House Financial Services Chairman Jeb Henserling, R-Texas and House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., sent a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray about concerns that senior employees have left CFPB in order to profit from the very rules they helped create. Read more »

Financial Institutions & Consumer Credit Subcommittee Chairman Shelley Moore Capito (Facebook | Twitter) delivers this week's Sunday Video Message on the PATH Act. The Protecting American Taxpayers and Homeowners Act was approved by the full committee on Wednesday. Read more »

Editorial | July 25, 2013 THE POLITICS of housing finance reform are starting to get interesting. On Wednesday, the Republican-controlled House Financial Services Committee passed the Protecting American Taxpayers and Homeowners (PATH) Act, which would wind down Fannie Mae and Freddie Mac and replace the busted entities with —… Read more »

Three years after the Dodd-Frank Act failed to address the need for housing finance reform and end the record taxpayer-funded bailout of Fannie Mae and Freddie Mac, the Financial Services Committee today approved legislation to end their bailout and create a sustainable housing finance system for America. Read more »