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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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Sunday Video Message | Rep. Marlin Stutzman
Nov 17, 2013
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Congressman Marlin Stutzman (Twitter | Facebook) delivers this week's Sunday Video Message on the committee's review of the Federal Reserve's "dual mandate."
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Chairman Hensarling Statement on CFTC Cross-Border Swaps Announcement
Nov 15, 2013
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Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the Commodity Futures Trading Commission (CFTC) staff announcement related to cross-border swaps transactions: “At a time millions of Americans still can’t find a job, this surprise decision made late Th...
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Chairman Hensarling Delivers Remarks on Bipartisan JOBS Act 2.0 and Regulatory Relief Bills
Nov 14, 2013
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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today delivered the following statement during the committee’s consideration of bipartisan bills that will comprise the JOBS Act 2.0 and provide regulatory relief to community financial institutions: The committee meets this mo...
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National Journal Focuses Attention on PATH Act & Housing Finance Debate
Nov 13, 2013
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Matthew Cooper | November 7, 2013 It’s been five years since Fannie Mae and Freddie Mac went under during the financial crisis. Since then, the mortgage giants have been in conservatorship. Congress is still pondering what to do. Everyone’s pretty much agreed that the two should go. (For the record...
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Subcommittee Hearing Finds Fed's 'Dual Mandate' Unusual, Sows Uncertainty
Nov 13, 2013
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The United States and Canada are the only two advanced economies whose central banks have “dual mandates” of price stability equally weighted with another macroeconomic objective, members of the Financial Services Subcommittee on Monetary Policy and Trade learned today. By law, the Federal Reserve i...
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Weekly Rundown
Nov 12, 2013
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The House is in session Tuesday through Friday this week. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for committee specific information throughout the week. Here's what's happening: On Wednesday the committee will hold our two subcommittee hearings of...
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Weekend Must Reads
Nov 10, 2013
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Wall Street Journal | Affordable Housing Is What You Can Afford American Action Forum President Douglas Holtz-Eakin on a Senate housing “reform” bill that includes provisions for politically motivated lending. Baltimore Sun | Consumer protection bureau fails to protect A report by a Bipartisan Poli...
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Bailed Out Fannie and Freddie Are Repaying Taxpayers? FALSE
Nov 7, 2013
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Reports that failed government-run corporations Fannie Mae and Freddie Mac are close to “paying back” taxpayers for the largest bailout in American history are completely false, said Financial Services Committee Chairman Jeb Hensarling (R-TX). “Fannie and Freddie have not ‘repaid’ taxpayers one thin...
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Sunday Video Message | Rep. Mick Mulvaney
Nov 3, 2013
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Congressman Mick Mulvaney (Twitter | Facebook) delivers this week's Sunday Video Message on the $1.7 billion taxpayer-funded bailout of the Federal Housing Administration.
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