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Sunday Video Message | Rep. Randy Hultgren

| Posted in Member Corner

Congressman Randy Hultgren (Twitter | Facebook) delivers this week's Sunday Video Message on his legislation -- H.R. 992, the Swaps Regulatory Improvement Act. H.R. 992 will be considered on the House floor this week. 

Weekend Must Reads

| Posted in Member Corner

Mercatus | The Myth of Deregulation and the Financial Crisis Did “deregulation” cause the financial crisis? Our conclusion was that there was no measurable, net deregulation leading up to the financial crisis. Omaha World-Herald | Mortgage lending at risk if rules not delayed, banker says Without a delay of onerous Dodd-Frank mortgage regulations, some banks will stop…

Media Buzz: The FHA Bailout of 2013

| Posted in Member Corner

Update: Chairman Hensarling Comments on Obama Administration’s Confirmation of $1.7 Billion Taxpayer-Funded Bailout for FHA Back in February, Chairman Hensarling cautioned that: "If the FHA were a private financial institution, likely somebody would be fired, somebody would be fined, or the institution would find itself in receivership." Instead, he added, "it is merely, and merrily, on…

Chairman Hensarling Statement on FHA Bailout

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement concerning reports that the Federal Housing Administration will require a bailout

Chairman Hensarling Announces October Hearing Schedule

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of October.  October 1 at 10:00 A.M. – The Financial Institutions and Consumer Credit Subcommittee will hold a hearing to discuss legislative proposals to bring more accountability, reform and transparency to the Consumer Financial Protection…

Regulation – Not Lack Thereof – Led U.S. into Financial Crisis

| Posted in Member Corner

  Chairman Hensarling Op-Ed | September 24, 2013 Pundits and politicians, including President Obama, used the recent anniversary of the Lehman Brothers collapse to once again blame a lack of government regulations for causing the financial crisis. The great tragedy of the financial crisis, however, was not that Washington regulations…

Sunday Video Message | Rep. Bill Huizenga

| Posted in Member Corner

  Monetary Policy & Trade Subcommittee Vice Chairman Bill Huizenga (Twitter | Facebook) delivers this week's Sunday Video Message on the five year anniversary of the financial crisis. 

HUD IG: Department’s Eight Year Delay Impacts FHA Fund by $15 Billion

| Posted in Member Corner

Last week, the Oversight and Investigations Subcommittee questioned the Department of Housing and Urban Development's (HUD) Inspector General, David Montoya, about reducing waste, fraud, and abuse in the department’s housing programs. All totaled, the latest IG report identified more than $770 million in questionable costs and included recommendations for putting $739.5 million in HUD…

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