News List

Financial Services Committee Chairman Jeb Hensarling (R-TX), who on Friday called on President Obama to “halt any and all deals the Export-Import Bank is working on with Russia and with Russian companies,” today was informed by the Treasury Department that the Obama Administration is suspending all Export-Import Bank financing for deals in Russia. Chairman Hensarling issued the following… Read more »

e·gre·gious -- outstandingly bad; shocking.   The Ex-Im Bank:  A “Petri Dish” of Corruption?   With a House committee preparing to examine allegations of corruption at the Export-Import Bank,… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) today sent the following letter to President Obama calling on him to “halt any and all deals the Export-Import Bank is working on with Russia and with Russian companies and to suspend consideration of future Ex-Im deals involving Russia.” The full text of the letter is below: Mr. President: The situation in Ukraine grows… Read more »

Committee Reviews the Dodd-Frank Act on its 4-year Anniversary                                                                                  On Wednesday, the full committee held a… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of July 28th. Tuesday, July 29th at 10:00 A.M.- A Full Committee markup of six bills, including legislation that will bring much needed transparency and accountability to the Federal Reserve and provide regulatory red-tape relief to community financial institutions.… Read more »

  The Export-Import Bank just can’t help themselves. The United Arab Emirates (UAE), a country described as having “a high standard of living because of oil wealth,” sovereign wealth over $1 trillion in assets and a per-capita GDP of over $58,000, decided it needed some new aircraft and turbines. Who better to help than American taxpayers… Read more »

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on the announcement that the Oversight and Government Reform Committee will hold a hearing next week to examine allegations of corruption at the Export-Import Bank: “The allegations of kickbacks and corruption at the Export-Import Bank are as disturbing as they are serious.  At… Read more »

“It wasn’t deregulation; it was bad regulation that helped lead us into this crisis. So if you get the wrong diagnosis you get the wrong remedy. Dodd-Frank has been the wrong remedy, adding incomprehensible complexity to incomprehensible complexity.” CLICK HERE TO WATCH WASHINGTON- House… Read more »

At today’s Financial Services Committee hearing marking the four-year anniversary of the Dodd-Frank Act, former Committee Chairman Barney Frank proclaimed, as he has on many prior occasions, that the law that bears his name created “death panels” for large financial institutions, which he claims will be “terminated” in the event that they reach the point of failure.  Yet as… Read more »

 e·gre·gious -- outstandingly bad; shocking.  The Export-Import Bank – Helping Those Who Can Help Themselves Mexican Company Admits It Doesn’t Need Ex-Im’s Help, But Since It’s Offering… … Read more »