News List

  • Hensarling: House CFIUS Bill Consistent with President’s Call to Action on Foreign Investment
    Jun 27, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued this following statement today in response to President Trump’s announcement that the Administration will use the Committee on Foreign Investment in the U.S. (CFIUS) to examine and take any needed action regarding foreign inves... More
  • Chairman Hensarling Delivers Opening Statement at Hearing with HUD Secretary Ben Carson
    Jun 27, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson: As we all know, HUD was established almost 50 years ago. When it was establish... More
  • House Passes Foreign Investment Reform Bill
    Jun 26, 2018 - The House of Representatives today passed the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) by a strong bipartisan vote of 400-2. “This bill is a comprehensive reform of the Committee on Foreign Investment in the United States (CFIUS) - the first update of its kind in over a deca... More
  • Ensuring Oversight, Accountability in HUD’s Approach to Lead-Based Paint and Mold Remediation
    Jun 26, 2018 - The Housing and Insurance Subcommittee met today to examine how the U.S. Department of Housing and Urban Development’s (HUD) programs manage and remedy unsafe living conditions caused by lead-based paint and mold for many individuals and families living in public and subsidized housing. “This hearin... More
  • Examining the International and Domestic Implications of De-Risking
    Jun 26, 2018 - The Subcommittee on Financial Institutions and Consumer Credit met today to examine the key drivers of de-risking, the practice of financial institutions terminating relationships deemed “high risk” clients in an effort to minimize compliance risk exposure. High risk entities include many legitimate... More
  • Hensarling Statement on Court Finding Bureau of Consumer Financial Protection Unconstitutional
    Jun 21, 2018 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on today’s federal court ruling that the structure of the Bureau of Consumer Financial Protection (Bureau) is unconstitutional: Today is a good day for democracy, economic freedom, due process, ... More
  • Committee Advances Three Bills
    Jun 21, 2018 - This week, the Financial Services Committee approved three bills aimed at improving capital markets and increasing opportunities for Main Street investors. “If we want to truly sustain long-term 3% economic growth then we must find ways to reduce regulatory burdens on our capital markets, which are ... More
  • Hensarling Applauds Supreme Court Ruling on SEC Administrative Law Judges
    Jun 21, 2018 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today applauding a Supreme Court ruling which found that the Securities and Exchange Commission’s (SEC) use of in-house administrative law judges (ALJs) unconstitutional. “Today’s ruling is a victory for... More
  • Chairman Hensarling Delivers Opening Statement at Hearing with SEC Chairman Jay Clayton
    Jun 21, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton: I think we all know that the SEC has a well-established three part mission, to include investor ... More
  • Combatting the Illicit Use of Virtual Currencies
    Jun 20, 2018 - The Subcommittee on Terrorism and Illicit Finance met today to examine the problems law enforcement agencies encounter in their efforts to address the illicit funding potential of virtual currencies (VCs). “Today’s hearing was an excellent opportunity to learn more about the illicit use of virtual c... More