The U.S. House of Representatives today passed Subcommittee on Housing and Insurance Chairman Warren Davidson’s (R-OH) Middle-Class Borrower Protection Act of 2023. Under the Biden administration’s Loan-Level Price Adjustment (LLPA) mortgage rule, responsible homebuyers with good credit are forced to subsidize those with bad credit. The Middle-Class Borrower Protection Act reverses… Read more »
Today, the Republican Environmental, Social, and Governance (ESG) Working Group—led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04)—released an interim report outlining Republicans’ efforts to protect the financial interest of everyday investors from progressive activists who are using our institutions to force far-left ideology on Americans. The… Read more »
Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of the SEC.”
Watch Chairman Huizenga’s opening remarks here.
Read Chairman Huizenga’s opening remarks as prepared for delivery:
“Today’s hearing is… Read more »
Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled, “Oversight of the SEC’s Division of Trading and Markets.”
Watch Chairman Wagner’s opening remarks here.
Read Chairman Wagner’s opening remarks as prepared for delivery.
“Thank you all for joining us this… Read more »
Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. In the aftermath of recent bank failures fueled by accelerated interest rate risk, the Fed must avoid pursuing initiatives outside its statutory authority, while redoubling its efforts to stabilize prices and promote financial stability.
Watch… Read more »
Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “HUD Oversight: Testimony of the HUD Inspector General.”
Watch Chairman Davidson’s opening remarks here.
Read Chairman Davidson’s opening remarks as prepared for… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Oversight & Investigations Subcommittee Hearing Entitled: “Oversight of the SEC”
Time: 9:00 AM ET
Date: Thursday, June 22, 2023
Place: 2220 Rayburn House Office Building
Additional information regarding the hearing—including the… Read more »
Today, the House Financial Services Committee is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans will discuss the Director’s role in responding to recent bank failures, the Bureau’s persistent lack of transparency surrounding rulemakings, and its hyper-partisan regulatory agenda.
Watch Subcommittee Chairman Andy… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to U.S. Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). In the letter, Chairman McHenry demands FSOC revisit its April decision to evaluate risks posed by non-bank financial entities based on size, rather than the activities… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Federal Reserve’s Semi-Annual Monetary Policy Report”
Time: 10:00 AM ET
Date: Wednesday, June 21, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
