News List

  • ICYMI: Hensarling Discusses Financial CHOICE Act on Morning Joe, Squawk Box
    Jun 6, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) joined MSNBC’s Morning Joe and CNBC’s Squawk Box to discuss the Financial CHOICE Act – a bill to end taxpayer-funded bailouts of Wall Street banks and create more opportunities for Americans on Main Street. On the CFPB: "The best form of co... More
  • House to Vote on Financial CHOICE Act Next Week
    Jun 2, 2017 - The House will consider legislation next week to end bank bailouts, promote economic growth and provide desperately needed regulatory relief for community banks and credit unions. The bill – H.R. 10, the Financial CHOICE Act – is the Republican alternative to the failed Dodd-Frank Act which has cont... More
  • Rothfus: Financial CHOICE Act and the American dream
    May 30, 2017 - When I talk to constituents in western Pennsylvania, I hear a common concern: some in this country are thriving and getting ahead, but many believe the American dream is moving further from their reach. Big businesses, the wealthy and well-connected are doing fine, while millions of hard-working Am... More
  • Barr: Dodd-Frank changes needed for accountability, economic growth
    May 24, 2017 - Congress will soon vote on a plan to significantly overhaul the 2010 financial control law commonly known as the Dodd-Frank Act. This is great news for jobs and growth in Kentucky. In the nearly seven years since enactment of the 2,300-page Dodd-Frank law, roughly one in five Kentucky credit unions... More
  • Washington Examiner: Big banks love Democrats' big government
    May 23, 2017 - 5/22/2017 There wasn't a single Republican in the room on April 28, but Wall Street was well represented. House Democrats had gathered inside the Financial Services Committee for a special minority hearing to discuss the dangers of rolling back the Dodd-Frank Act's sweeping regulations. Instead of b... More
  • Chairman Hensarling Reacts to Decision on Fiduciary Rule
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding today’s decision by the Department of Labor on the controversial fiduciary rule: “I was there in the Oval Office when President Trump signed his Presidential Memorandum on the Obama administrat... More
  • Chairman Hensarling's Statement on President's Budget Proposal
    May 23, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on President Trump's Fiscal Year 2018 budget proposal: “The higher taxes, spending and borrowing that were the pillars of Obamanomics brought us the weakest economic recovery in our lifetimes, stagnant p... More
  • CBO Destroys Democrat Talking Point Against Financial CHOICE Act
    May 22, 2017 - The non-partisan, independent Congressional Budget Office (CBO) exposed the Democrats’ top talking point against the Financial CHOICE Act for the lie it is. “Democrats have sought to portray the legislation as a giveaway to big banks,” the Washington Examiner notes, yet the CBO reports that “the big... More
  • Washington Examiner: Big banks wouldn't want GOP offer for fewer rules, CBO finds
    May 19, 2017 - By Joseph Lawler Megabanks would not be interested in the deal that House Republicans are offering them, Congress' in-house budget experts concluded in a report issued Thursday evening. House Republicans have advanced a bill, the Financial Choice Act, that would offer banks the option to get out of ... More
  • Subcommittee Evaluates Lessons from the IMF's Bailout of Greece
    May 18, 2017 - The Monetary Policy and Trade Subcommittee held a hearing on Thursday to evaluate lessons from the International Monetary Fund's (IMF) bailout of Greece in 2010 and 2012. “With Greece’s economy again officially in recession and discussions underway for a third IMF bailout, it is clear from today’s h... More