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Chairman Hensarling Announces Hearing Schedule for March

| Posted in Press Releases

Chairman Jeb Hensarling today announced the Financial Services Committee’s schedule of hearings for the month of March.  Throughout the month, the committee will focus attention on the Federal Reserve’s conduct of monetary policy, the need for a sustainable housing finance system, regulatory burdens hindering economic growth, and ending “Too Big to Fail.” All hearings will take…

Hensarling on CNBC’s The Kudlow Report & FNC’s Hannity

| Posted in In Case You Missed It

WASHINGTON – Congressman Jeb Hensarling (R-Texas) – a leading conservative and chairman of the House Financial Services Committee – joined CNBC’s The Kudlow Report and FNC’s Hannity last night to discuss the Federal Reserve’s monetary policy and President Obama’s harmful sequestration.

Hearing Shows 'High Risk' FHA is a Threat to Hardworking Taxpayers

| Posted in Member Corner

Just one day after the Financial Services Committee held its second hearing in as many weeks on the shaky finances of the Federal Housing Administration (FHA), the Government Accountability Office (GAO) announced it has added the FHA to its list of “High Risk” government programs. Every two years, GAO identifies programs that are at “high risk due to their greater vulnerability to fraud,…

Chairman Hensarling Statement on FHA Being Added to "High Risk" List by GAO

| Posted in Press Releases
Tags: Subcommittee on Housing and Insurance

Financial Services Committee Chairman Jeb Hensarling released the following statement today after the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to fraud, waste, abuse and mismanagement or the need for transformation”.

Chairman Hensarling: "For us to have a healthy economy, we must put the nation on a sustainable fiscal path. And to have a sustainable fiscal path, we must also have a sustainable housing finance system. I have grave fears that FHA, as it is operating today, is an impediment to both."

| Posted in Press Releases
Tags: Full Committee, Subcommittee on Housing and Insurance

WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing titled “Bailout, Bust, or Much Ado About Nothing?: A Look at the Federal Housing Administration’s 2012 Actuarial Report.”