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The Future of Digital Currency
Jul 18, 2018
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The Monetary Policy and Trade Subcommittee met today to examine the extent to which the United States government should consider cryptocurrencies as money, and their potential effect on domestic and foreign economies. The Subcommittee also evaluated the merits of any uses by central banks of cryptoc...
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Hensarling Statement on Bipartisan Short-Term NFIP Reauthorization Plan
Jul 18, 2018
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WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement regarding the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire at the end of the month absent Congressional action. “It has been more than eight months sinc...
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Chairman Hensarling Delivers Opening Statement at Hearing with the Federal Reserve Chairman
Jul 18, 2018
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the Federal Reserve Chairman Jerome Powell on monetary policy and the state of the economy: As we meet today, thanks to the fiscal policies of the Trump Admini...
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House Passes Bipartisan “JOBS & Investor Confidence Act”
Jul 17, 2018
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WASHINGTON – In a near unanimous vote of 406-4, today the House passed the bipartisan “JOBS and Investor Confidence Act of 2018.” The bill – which is comprised of 32 individual pieces of legislation that have passed the Financial Services Committee or the House this Congress with broad bipartisan su...
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Balancing Capital Requirements and Access to Credit
Jul 17, 2018
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The Subcommittee on Financial Institutions and Consumer Credit met today to examine the existing regulatory structure for prudentially regulated financial institutions and to explore avenues that Congress and regulators can address challenges through policy changes. “While I believe in robust capita...
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To Restore U.S. Competitiveness, Pass the JOBS Act 3.0
Jul 16, 2018
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July 16, 2018 Nearly all the economic news since Donald Trump took office has been strongly positive, and Mr. Trump added to that record in May by signing the most pro-growth banking bill in a generation. The Economic Growth, Regulatory Relief and Consumer Protection Act, also known as S. 2155, rep...
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Hensarling & Waters Unveil Bipartisan Capital Markets Reform Legislation
Jul 16, 2018
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) announced today that they have reached an agreement on a package of strong, bipartisan capital-formation legislation to help America’s small businesses and entrepreneurs and to prot...
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Combatting Weapons Proliferation
Jul 12, 2018
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The Subcommittee on Terrorism and Illicit Finance met today to examine strategies to disrupt both the financing and procurement of weapons and how financial institutions can best identify proliferation activities. “On the Terrorism and Illicit Finance (TIF) Subcommittee, we are charged with providin...
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Chairman Hensarling Delivers Opening Statement at Hearing with Treasury Secretary Mnuchin
Jul 12, 2018
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Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with U.S. Department of the Treasury Secretary Steven Mnuchin: Whether you’re looking at unemployment, disposable family income, GDP, small business optimism, you n...
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Committee Advances Eight Bills
Jul 11, 2018
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This week, the Financial Services Committee approved eight bipartisan bills to support regulatory flexibility, market expansion, and corporate transparency. “The bipartisan bills passed by the Committee today will help our small businesses gain capital, help entrepreneurial ventures, and help compan...
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