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Media Buzz: House Passes Bill with Bipartisan Support to Bring Accountability, Transparency to CFPB
Feb 28, 2014
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The House passed the Consumer Financial Freedom and Washington Accountability Act (H.R. 3193) with bipartisan support yesterday to bring greater accountability and transparency to the powerful and uniquely unaccountable CFPB. VIDEO: Chairman Hensarling’s Floor Statement on H.R. 3193: “Today, the CFP...
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Chairman Hensarling Floor Remarks on the Consumer Financial Freedom and Washington Accountability Act
Feb 27, 2014
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor remarks on H.R. 3193, the Consumer Financial Freedom and Washington Accountability Act: Mr. Chairman, we are now into the sixth year of the Obama administration and probably the two most common comments I...
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Report: HUD Official Interfered With, Attempted to Obstruct Federal Investigation of Agency’s Lobbying Activity
Feb 25, 2014
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NOTE: Subcommittee hearing Wednesday, Feb. 26 at 10 a.m. on Inspector General’s report in Room 2128 Rayburn Building. Inquiries from the House Financial Services Subcommittee on Oversight and Investigations led to an Inspector General’s report that reveals senior officials at the Department of Housi...
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Weekly Rundown
Nov 18, 2013
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The House is in session Monday through Thursday this week. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for committee specific information as the week progresses. Here's what's happening: On Tuesday morning at 10 a.m., the Oversight & Investigations Sub...
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HUD IG: Department’s Eight Year Delay Impacts FHA Fund by $15 Billion
Sep 17, 2013
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Last week, the Oversight and Investigations Subcommittee questioned the Department of Housing and Urban Development's (HUD) Inspector General, David Montoya, about reducing waste, fraud, and abuse in the department’s housing programs. All totaled, the latest IG report identified more than $770 milli...
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Subcommittee Examines Waste, Fraud, Abuse in HUD Spending Programs
Sep 10, 2013
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Members of the House Financial Services Oversight and Investigations Subcommittee today questioned the Department of Housing and Urban Development’s Inspector General about reducing waste, fraud, and abuse at HUD. During the hearing, the subcommittee reviewed the most recent report from Inspector Ge...
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Dodd-Frank's "Systemically Important" Designations and Orderly Liquidation Authority Raise Constitutional Questions
Jul 9, 2013
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Not only did the Dodd-Frank Act fail to end “Too Big to Fail,” its provisions regarding the designation of large firms as “systemically important” and the resolution of such firms may also be unconstitutional, the Oversight and Investigations Subcommittee heard from expert witnesses today. “Almost t...
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Chairman Hensarling Announces Hearing Schedule
Jul 3, 2013
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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...
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Sunday Video Message | Rep. Patrick McHenry
Jun 23, 2013
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Oversight & Investigations Subcommittee Chairman Patrick McHenry delivers this week's Sunday Video Message. He discusses what we learned about the CFPB in this week's Financial Institutions and Oversight hearings.
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CFPB HQ Renovation Budget Tops $75,000... Per Employee
Jun 21, 2013
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On Tuesday, Members of the Oversight and Investigations Subcommittee examined the budget for the Consumer Protection Financial Bureau (CFPB) with the bureau's Chief Financial Officer. While the CFPB generally lacks oversight and accountability, one particular issue of concern raised at the hearing ...
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