News List

  • Chairman Hensarling Announces Hearing Schedule
    Jul 3, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of July. The committee’s schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, each meeting will become fin... More
  • Sunday Video Message | Rep. Shelley Moore Capito
    Jun 16, 2013 - Financial Institutions & Consumer Credit Subcommittee Chairman Shelley Moore Capito delivers this week's Sunday Video Message, the first in our new series. In the video, Rep. Capito previews next week's hearing on the Dodd-Frank Act's negative impact on homeownership. More
  • Chairman Hensarling Announces Remainder of Committee’s June Schedule
    Jun 14, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule of hearings and markups for the last two weeks of June. The committee’s hearing schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, ... More
  • Chairman Hensarling Announces New Subcommittee Assignments for Two Members
    May 22, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Rep. Ross was appointed to fill the vacancy on the Housing and Insurance Subcommittee created when Rep.... More
  • Hearing Shows CFPB's QM Rule Limits Access to Credit
    May 21, 2013 - Members of the Financial Institutions and Consumer Credit Subcommittee expressed concerns at a hearing today that the Qualified Mortgage rule mandated by the Dodd-Frank Act will reduce access to credit that qualified borrowers need to buy homes. Banks and credit unions have already pulled back on ex... More
  • Subcommittee Hearing Examines Regulatory Burden on Community Banks
    Apr 16, 2013 - 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 community banks’ ability to serve their customers, according to industry experts testifying at today’s House Financial Services Committee Fin... More
  • Subcommittee Hearing Examines Regulatory Burden on Credit Unions
    Apr 10, 2013 - 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 Finan... More
  • Committee Addresses FHFA, Community Banking
    Mar 22, 2013 - 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’ m... More
  • More Regulations, Fewer Community Banks Due to Dodd-Frank
    Mar 20, 2013 - 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 ... More
  • Chairman Bachus Commends Senators Who Stood Up for Accountability at the CFPB
    Dec 8, 2011 - Financial Services Committee Chairman Spencer Bachus on Thursday issued the following statement, commending senators who refused to confirm an unaccountable director for the Consumer Financial Protection Bureau (CFPB) unless and until structural reforms are made to the bureaucracy: “The CFPB under t... More