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Subcommittee Continues Dodd-Frank Oversight with Conflict Minerals Hearing
Nov 17, 2015
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WASHINGTON - The Financial Services Monetary Policy and Trade Subcommittee today held a hearing as part of the full committee’s continued oversight of the the Dodd-Frank Act, signed into law by President Obama five years ago. Today’s hearing focused on the conflict minerals provision in Dodd-Frank. ...
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Chairman Hensarling Comments on FHA Finally Meeting Minimum Requirement
Nov 16, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments today about the financial condition of the Federal Housing Administration’s Mutual Mortgage Insurance (MMI) Fund. An independent actuarial analysis released today shows the MMI Fund’s capital ratio stands at 2.07...
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Committee Releases Hearing Schedule for Week of November 16
Nov 13, 2015
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House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of November 16. November 17 at 10 a.m. – The Monetary Policy and Trade Subcommittee will hold a hearing to examine the impact of the Dodd-Frank Act’s requirement for publi...
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House Voting Next Week to Make the Federal Reserve More Transparent and Accountable
Nov 13, 2015
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The House is scheduled to vote next week on legislation designed to improve the economy’s performance by making the Federal Reserve more accountable and transparent. The bill, the Fed Oversight Modernization and Reform Act (FORM Act) sponsored by Monetary Policy and Trade Subcommittee Chairman Bill...
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WEEK IN REVIEW
Nov 6, 2015
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Committee Passes Bills to Make Financial Regulators Accountable to Hardworking Taxpayers On Wednesday, the Financial Services Committee passed oversight bills to bring greater accountability and transparency to the Financial Stability Oversight Council (FSOC) and its research arm, the Office of Fina...
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House Approves Hensarling Amendment to Transportation Bill
Nov 5, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) successfully attached a package of 15 bipartisan bills to transportation legislation being considered by the House. The bills were offered as an amendment by Chairman Hensarling which passed the House without opposition. “People are still ...
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Chairman Hensarling Offers Amendment to Transportation Bill
Nov 4, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) offered an amendment to the multi-year transportation bill that the House Rules Committee made in order Tuesday evening. The Chairman’s amendment includes the text of 15 bipartisan bills that were previously approved by the House. “This am...
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Hensarling Calls for Accountability and Transparency at the Federal Reserve
Nov 4, 2015
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with Federal Reserve Chair Janet Yellen on the Fed’s supervision and regulation of the financial system: The Dodd-Frank Act requires the Federal Reserve’s Vice Chair of Supervisio...
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Committee Passes Reform Bills to Support Economic Growth and Increase Accountability of Washington Regulators
Nov 4, 2015
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The Financial Services Committee approved several bills today designed to support greater economic growth and increase oversight and accountability of unchecked financial regulators. “Instead of ending ‘Too Big to Fail’ and taxpayer-funded Wall Street bailouts, the Dodd-Frank Act enshrines them into...
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Committee Conducts Oversight of Federal Reserve’s Role as Regulator
Nov 4, 2015
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The Financial Services Committee held a hearing today to conduct oversight of the Federal Reserve in its role as a prudential regulator under the Dodd-Frank Act. Federal Reserve Chair Janet Yellen was the witness. The Dodd-Frank Act, signed into law by President Obama five years ago, greatly expande...
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