News List

  • Chairman Hensarling Announces Remainder of Committee’s June Schedule
    Jun 14, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule of hearings and markups for the last two weeks of June. The committee’s hearing schedule is tentative and will depend upon witness availability and other factors that may require changes. Therefore, ... More
  • Chairman Hensarling Announces New Subcommittee Assignments for Two Members
    May 22, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Rep. Ross was appointed to fill the vacancy on the Housing and Insurance Subcommittee created when Rep.... More
  • Oversight & Investigations Subcommittee Hearing Examines "Too Big to Jail"
    May 22, 2013 - Members of the House Financial Services Oversight and Investigations Subcommittee today questioned a witness from the Department of Justice about how the department decides which financial institutions are “too big to jail” and what information they rely upon to make such decisions. When Attorney G... More
  • Oversight and Investigations Subcommittee Continues Review of ‘Too Big to Fail’
    May 15, 2013 - The Oversight and Investigations Subcommittee continued its review of the Dodd-Frank Act’s failure to end “Too Big to Fail” with a hearing on Wednesday that focused on the Act’s bailout regime. Although it has been nearly three years since Dodd-Frank became law, relatively little attention has been... More
  • Who is Too Big to Fail?: Hearing Examines if Dodd-Frank Authorizes the Break Up of Financial Institutions
    Apr 17, 2013 - After two and half years, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have yet to clarify their authority under the Dodd-Frank Act to break up large financial institutions, leaving questions as to what their view of this authority is, the Financial Services Committee Ove... More
  • SEC’s Failure to Implement Bipartisan JOBS Act Harms Economy
    Apr 17, 2013 - By ignoring the deadline to implement a key provision of a bipartisan law approved a year ago, the Securities and Exchange Commission (SEC) is costing America’s struggling economy desperately needed jobs, members of the Financial Services Oversight and Investigations Subcommittee said today during ... More
  • Subcommittees Focus on FHA; Too Big to Fail
    Mar 15, 2013 - FHA Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on Housing and Insurance. Wedn... More
  • Too Big to Fail; Too Big to Jail?
    Mar 14, 2013 - Last week Chairman Hensarling and Oversight & Investigations Subcommittee Chairman McHenry sent a letter to Attorney General Holder and Treasury Secretary Lew seeking any and all documents related to the consideration of economic factors in the decision to prosecute large banks for financial crimes... More
  • GAO Report: Dodd-Frank Regulators Failing to Carry Out Missions, Operate with Little Accountability and Transparency
    Mar 14, 2013 - Nearly three years after enactment of the Dodd-Frank Act, two powerful regulators created under the law are not fulfilling their missionsand operate far from the public’s eye, according to a Government Accountability Office (GAO) report reviewed at aFinancial Services Oversight and Investigations S... More
  • Chairman Hensarling Statement on Oversight Plan Markup
    Feb 14, 2013 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of its oversight plan for the 113th Congress. “I always think of people in my district, whether it be the hardworking individual at the convenience store in M... More