News List

  • FSC Majority | Week in Review
    Sep 19, 2014 - Subcommittee Examines the Financial Stability Oversight Council ("FSOC") The Oversight and Investigations Subcommittee held a hearing on Wednesday to examine FSOC's operations, policies, and procedures. The subcommittee discussed the FSOC's failure to address recommendations from the Government Acco... More
  • House Passes Two More Bipartisan Jobs Bills From Financial Services Committee
    Sep 19, 2014 - Today, the House of Representatives passed H.R. 4, the Jobs for America Act, which contains two House Financial Services Committee regulatory relief bills. “With millions of our fellow Americans unemployed and underemployed in this struggling economy, job number one for the Financial Services Commit... More
  • House Set to Pass Two More Bipartisan Jobs Bills From Financial Services Committee
    Sep 18, 2014 - The House on Friday will consider H.R. 4, the Jobs for America Act, which contains two House Financial Services Committee regulatory relief bills that have received broad bipartisan support. “With millions of our fellow Americans unemployed and underemployed in this struggling economy, job number on... More
  • House Approves Bipartisan Financial Services Committee Bills to Grow the Economy and Create Jobs
    Sep 16, 2014 - The House of Representatives today passed two bipartisan job creation and regulatory relief bills from the Financial Services Committee. H.R. 5461, the Insurance Capital Standards Clarification Act of 2014, introduced by Rep. Andy Barr (R-KY), would amend the Dodd-Frank Act to give the Federal Reser... More
  • FSC Majority | Week in Review
    Sep 12, 2014 - Subcommittee Reviews the Credit Reporting System On Wednesday the Financial Institutions and Consumer Credit Subcommittee held a hearing to review the roles and responsibilities of consumer reporting agencies. "According to the FTC, nearly 20% of Americans have errors on their credit report. Further... More
  • 9/8/14 Weekly Rundown
    Sep 8, 2014 - On Wednesday at 2:00 p.m. the Financial Institutions and Consumer Credit Subcommittee will hold a hearing to review the roles and responsibilities of consumer reporting agencies. More
  • ICYMI: CFPB Bureaucrats Gone Wild
    Aug 28, 2014 - Dozens of CFPB workers say “the bureau’s lack of accountability is enabling managers to create their own minifiefdoms, stock the ranks with inexperienced and unqualified friends and retaliate against anybody who disagrees” Bureaucrats gone wild: Feds describe racial hostility, discrimination inside ... More
  • Chairman Hensarling: Ex-Im Doesn’t Level the Playing Field; Ex-Im Rigs It in Favor of Powerful Corporations
    Aug 23, 2014 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding President Obama’s comments about the Export-Import Bank: “President Obama was right in 2008 when he called the Export-Import Bank ‘little more than a fund for corporate welfare’ and wrong today... More
  • ICYMI: How Much of a Terrorist Attack Should Insurance Companies Cover?
    Aug 21, 2014 - CLICK HERE TO READ August 21, 2014 Editorial Should the government help pay for Americans to rebuild after big terrorist attacks? If so, how much? Congress is in the process of answering these questions. Since 2002, the federal government has provided a financial backstop for private terrorism insu... More
  • ICYMI: Ex-Im Busts Its Travel Budget While Undertaking “Barnstorming” Pro-Subsidy Tour
    Aug 13, 2014 - Officials with the Export-Import Bank have embarked on a 10-state promotional tour this month. And according to The Hill, “Officials with the Export-Import Bank have exceeded their travel budget over the last three years by $3 million.” (“Ex-Im Busts Travel Budget by $3M” the headline reads). “Much ... More