News List

  • Dodd-Frank Act Leaves America Less Stable, Less Prosperous, Less Free
    Jul 21, 2015 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) will deliver remarks today at the American Enterprise Institute on the fifth anniversary of the Dodd-Frank Act becoming law. The following is the embargoed text of his speech as prepared for delivery: Thank you, Peter [Wa... More
  • After Five Years, Dodd-Frank Is a Failure
    Jul 20, 2015 - By Jeb Hensarling Click here to read article Tuesday will mark five years since President Obama’s signing of the Dodd-Frank law, the most sweeping rewrite of the country’s financial laws since the New Deal. Mr. Obama told the country that the legislation would “lift our economy.” The statute itself... More
  • Chairman Hensarling Floor Remarks on the Consumer Financial Freedom and Washington Accountability Act
    Feb 27, 2014 - 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... More
  • Dodd-Frank Mortgage Rules Harm Homeownership
    Jan 14, 2014 - New mortgage regulations resulting from the Dodd-Frank Act will harm homeownership, reduce credit, and prevent credit-worthy borrowers from obtaining an affordable mortgage, witnesses from Habitat for Humanity, community banks and credit unions told a House Financial Services subcommittee today. The... More
  • Who Protects Consumers from the Consumer Financial Protection Bureau?
    Oct 24, 2013 - Update 11/18/13: The full committee will consider six bills to reform the CFPB on Wednesday. Next week the Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Prot... More
  • Chairman Hensarling on NTU's "Speaking of Taxpayers" Podcast
    Aug 8, 2013 - Chairman Hensarling said taxpayers will “never ever, ever again be called upon to bail out Washington for irresponsible housing policies” if the Financial Services Committee’s sustainable housing finance reform bill becomes law. The Chairman’s comments came during a discussion of the bill – the Prot... More
  • Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance System
    Jul 11, 2013 - Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system. The proposal: ends the taxpayer-funded bailout of Fannie Mae and Freddie Mac and phases out the troubled Government-Sponso... More
  • House Passes Two Bipartisan Bills to Relieve the Red Tape Burden on Job Creators
    Jul 9, 2013 - The House of Representatives yesterday overwhelmingly passed two bipartisan Financial Services Committee bills to reduce the red tape burden for our nation’s job creators and to fix unintended consequences of derivatives provisions in the Dodd-Frank Act. H.R. 1564, the Audit Integrity and Job Protec... 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
  • Media Buzz: FSOC Designates Non-Bank Financial Institutions as 'Too Big to Fail'
    Jun 4, 2013 - Yesterday the Financial Stability Oversight Council (FSOC) put hardworking taxpayers at greater risk of being forced to fund yet another Wall Street bailout. Under their Dodd-Frank authority, the FSOC took preliminary steps to designate several non-bank financial institutions, including AIG, Prudent... More