News List

Morning Consult: Hensarling’s Dodd-Frank Replacement Includes Tougher Fines for Wall Street “House Financial Services Committee Chairman Jeb Hensarling said his forthcoming proposal to replace the 2010 Dodd-Frank law would double or triple certain fines for financial misconduct.” Bloomberg: Hensarling says… Read more »

WASHINGTON – On Tuesday, Financial Services Committee Chairman unveiled the details of the Financial CHOICE Act – the Republican plan to replace the Dodd-Frank Act and promote economic growth. Support for the plan has been as overwhelming as the job-crushing regulations the bill will repeal. Here is what some experts are saying: “…a true reform agenda designed to jump-start the economy… Read more »

The House of Representatives today passed the Investment Advisers Modernization Act by a vote of 261-145.  The bipartisan bill updates portions of a 76-year-old law by updating regulations that impose an unnecessary burden on smaller companies’ access to capital. “We know small businesses across the country are struggling to find the investments and financing options that enable… Read more »

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that the Committee will begin meeting on Tuesday, Sept. 13 to debate the Financial CHOICE Act, consider possible amendments and vote on the legislation. The Financial CHOICE Act -- the Republican alternative to the failed Dodd-Frank Act -- will end taxpayer-funded bailouts of large financial… Read more »

WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling raised serious questions Thursday about the Obama Administration’s $1.7 billion in cash payments to Iran during a hearing of the Oversight and Investigations Subcommittee. Addressing a panel of witnesses from the Obama State, Treasury, and Justice Departments who only appeared after he threatened them with subpoena,… Read more »

WASHINGTON -- The Financial Services Subcommittee on Oversight and Investigations held a hearing Thursday on the Obama Administration’s decision to pay $1.7 billion to Iran in cash, even as senior Justice Department officials warned that Iran would see the payment as ransom for four Americans being held prisoners by the regime that the U.S. labels the world’s biggest state sponsor of… Read more »

WASHINGTON -- The House on Thursday passed the Accelerating Access to Capital Act, a package of three bills that will help small businesses access the capital they need to grow the economy and create jobs. The U.S. economy grew an average of 3.7 percent during other recoveries since 1960, but growth has averaged a meager 2.1 percent in the current recovery.  In the second quarter of… Read more »

WASHINGTON – Witnesses appearing before the Subcommittee on Monetary Policy and Trade at a hearing on Wednesday warned that reforms to the Federal Reserve System sought by liberals would politicize monetary policy deliberations and threaten the Fed’s independence in the conduct of monetary policy. “The Fed’s public-private structure supports monetary policy independence by ensuring a… Read more »

WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement on the House floor today in support of H.R. 5063, the Stop Settlement Slush Funds Act: Mr. Chairman, our Constitution is under assault, so I rise today in support of H.R. 5063, the Stop Settlement Slush Funds Act. A nearly two-year long investigation jointly conducted by the… Read more »

$400 million in cash stacked on wooden pallets carried in secret by an unmarked cargo plane on the same day four American prisoners were released from Iran. That’s what Chairman Sean Duffy and the Financial Services Oversight Subcommittee will be examining this Thursday, along with the impact of such a payment on terrorism financing. Watch and share this video and be sure… Read more »