News List

Forbes: Margaret Thatcher Exposed The Infantile Illusions Of Socialism              Margaret Thatcher’s economic policies, we are often told, were cruel, harsh, immoral. In fact she was a deeply moral thinker, and the moral superiority of the free market was central to her thinking. She made the case for it like no other major political… Read more »

Bipartisan measures to fix unintended consequences of derivatives provisions in the Dodd-Frank Act and to require the Securities and Exchange Commission (SEC) to conduct cost-benefit analyses of regulations were discussed during a hearing today of the Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises. Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement concerning the expectation in the President’s budget that the Federal Housing Administration (FHA) will require a nearly $1 billion taxpayer bailout this year: Read more »

The Federal Housing Administration (FHA), as it operates today, is an impediment to a sustainable housing finance system and must be reformed, witnesses told the House Financial Services Housing and Insurance Subcommittee today. Read more »

The regulatory burden stemming from the confusing, complex and voluminous rules and regulations mandated by the Dodd-Frank Act are having a harmful effect on credit unions’ ability to serve their customers, according to industry experts testifying at today’s House Financial Services Committee Financial Institutions Subcommittee hearing. Read more »

By Patrick O'Conner WASHINGTON—During Jeb Hensarling's first congressional bid, a man at a campaign stop in Athens, Texas, asked the Republican if he was "pro-business." "No," the candidate replied, drawing curious stares from local business leaders who had gathered to hear him speak, a former Hensarling aide recalled. "I'm not pro-business.… Read more »

American Banker: Fannie and Freddie Must Go One of the priorities of Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, is to end the conservatorship of Fannie Mae and Freddie Mac and let the private sector take the primary role in operating the residential mortgage industry.  No other country in the world has the equivalent of the hybrid… Read more »

   FHFA  In 2008, Fannie Mae and Freddie Mac, the two giant government sponsored entities which helped fuel the housing bubble, received the largest bailout in U.S. history. Serving as Acting Director of the Federal Housing Finance Agency (FHFA), Edward DeMarco has been tasked with managing the GSEs’ mortgage portfolio and protecting taxpayers from future… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for April.  Throughout the month, the committee will continue its focus on creating a sustainable housing finance policy, relieving the regulatory burden on small community financial institutions, and ending “Too Big to Fail.” So far this year the committee has held five… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement today about the Federal Open Market Committee’s decision to continue its highly accommodative monetary policy stance Read more »