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ICYMI: Fannie and Freddie, Make Way for Ginnie Mae
Sep 6, 2018
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September 6, 2018 This is a not-so-happy anniversary in American history. Ten years ago Thursday, the federal government took over Fannie Mae and Freddie Mac , the failed government-sponsored housing enterprises that were at the center of the last financial crisis. Leading up to the crisis, Fannie ...
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Examining the Future of Coins and Banknotes
Sep 5, 2018
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The Monetary Policy and Trade Subcommittee held a hearing today to evaluate the operations of both the U.S. Mint and the Bureau of Engraving and Printing (BEP) and their role in producing U.S. currency, both now and in the future. “It is the responsibility of Congress to provide oversight of the U.S...
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The Effect of Regulation on Affordable Multifamily Housing
Sep 5, 2018
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The Housing and Insurance Subcommittee met today to examine the various federal, state and local regulations and policies that affect affordable multifamily housing development. “Today’s hearing was essential in order to determine the costs of regulation, and barriers preventing affordable multifami...
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Hensarling Participates in White House Roundtable on Foreign Investment
Aug 23, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a roundtable discussion at the White House on the Foreign Investment Risk Review Modernization Act (FIRRMA). The bill, which was signed into law by President Trump as a part of the John S....
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Hensarling on President Trump’s Call to Study SEC Reporting Requirements
Aug 17, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement in response to President Trump’s call for the SEC to study the impact of reporting requirements on American companies. “I applaud the President’s continued efforts to evaluate the impact and cost of fede...
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MEDIA ADVISORY: Committee Announces September FHFA Oversight Hearing
Aug 7, 2018
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Ann Wagner (R-MO) announced today that the Committee plans to hold a hearing no later than Thursday, September 27, 2018 as a part of its ongoing investigations into v...
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Hensarling Applauds Passage of NDAA with Critical Foreign Investment Reforms
Jul 26, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon passage of the conference report to the “John S. McCain National Defense Authorization Act (H.R. 5515).” Hensarling was a House conferee with jurisdiction over the Foreign Investment Risk Review Mod...
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Hensarling: Short-Term Reauthorization of NFIP is Déjà vu All Over Again
Jul 24, 2018
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following speech on the House floor today during debate on a bill to extend the National Flood Insurance Program (NFIP) without any reforms to the program: Mr. Speaker, I come to the floor today to do something I do not often ...
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Committee Advances Seven Bills
Jul 24, 2018
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Today, the Financial Services Committee approved seven important pieces of legislation to safeguard our financial system and improve access for all Americans to financial services and products. “Today, we meet to consider seven important bills… to help the lives of every day Americans and help prote...
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Hensarling Statement on CFIUS Modernization Agreement
Jul 23, 2018
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on an agreement to modernize the Committee on Foreign Investment in the U.S. (CFIUS) as a part of the National Defense Authorization Act (NDAA). “The House has spent the past several months examining how...
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