More Regulations, Fewer Community Banks Due to Dodd-Frank
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Nearly three years after the enactment of the Dodd-Frank Act, community banks continue to struggle with navigating the confusing, complex, voluminous, and harmful rules and regulations of this law according to a recent report from the Federal Deposit Insurance Corporation (FDIC) reviewed at today’s Financial Institutions Subcommittee hearing. Chairman Hensarling's Opening Statement at Today's Hearing with FHFA Director Edward J. DeMarco
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delievered the following opening statement at today's hearing with Federal Housing Finance Agency Director Edward J. DeMarco Weekend Must Reads
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National Review: Representative Hensarling on the CFPB The logical import of Noel Canning v. NRLB, the D.C. Circuit’s decision striking down President Obama’s unilateral, non-recess NRLB appointments, is that the president’s similar CFPB director appointment is also unconstitutional. House Financial Services Committee chairman Jeb Hensarling agrees (h/t Todd… Subcommittees Focus on FHA; Too Big to Fail
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FHA Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on… Too Big to Fail; Too Big to Jail?
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Last week Chairman Hensarling and Oversight & Investigations Subcommittee Chairman McHenry sent a letter to Attorney General Holder and Treasury Secretary Lew seeking any and all documents related to the consideration of economic factors in the decision to prosecute large banks for financial crimes. The committee's investigation comes out of Mr. Holder's… GAO Report: Dodd-Frank Regulators Failing to Carry Out Missions, Operate with Little Accountability and Transparency
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Nearly three years after enactment of the Dodd-Frank Act, two powerful regulators created under the law are not fulfilling their missionsand operate far from the public’s eye, according to a Government Accountability Office (GAO) report reviewed at aFinancial Services Oversight and Investigations Subcommittee hearing today. Financially Troubled FHA Crowding Out Private Sector Mortgage Insurers, Witnesses Tell Subcommittee
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Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on Housing and Insurance today. Chairman Hensarling Questions Legality of CFPB Funding
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In January, a federal court held that the Senate was not in recess when President Obama made three appointments to the National Labor Relations Board (NLRB). In deeming those appointments unconstitutional, the court invalidated decisions made by the NRLB during the illegal appointments. While the court ruled only on the NLRB appointments, Richard Cordray, the President's nominee to… House Passes Financial Services Bills
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The House of Representatives today passed two bipartisan Financial Services Committee bills. Subcommittees Hear From Experts on Harmful Consequences of QE and the GSEs
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“We talked about cash on balance sheets not deployed…People just sitting on cash because interest rates are too low and returns are too low now, but they think that they will go up in the future. So, everyone just sits until the Fed takes action. Rather than trying to read the market, they are trying to read what the Fed is going to do - which is… Browse Documents by Date or Issue |
