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 the rule of law and due process. Chairman Clayton had already started to move the SEC… Read more »
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 protection, the maintenance of fair, orderly, and efficient markets, and the promotion of… Read more »
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 currencies and what we can do to combat the abuse of virtual currencies on Dark Web… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to examine how tax reform and regulatory relief are empowering the economy:
Tomorrow marks the six month anniversary of the Tax Cuts & Jobs Act, and throughout the economy we have seen incredible good news that has made a great difference in the… Read more »
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement supporting the nomination of Kathy Kraninger to head the Bureau of Consumer Financial Protection (Bureau).
“The Bureau has an important mission to enforce consumer protection laws, and properly designed and led, it is capable of great good. We have seen some of that good under the leadership… Read more »
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following announcement today congratulating long-time aide and Chief Economist for the Committee, Dr. Dino Falaschetti, on his nomination to serve as Director of the Office of Financial Research (OFR).
“As is the case with most post-crisis creations of President Obama and Washington Democrats, the Office of… Read more »
On Thursday, the House passed H.R. 5735, the Transitional Housing for Recovery in Viable Environments Demonstration Program Act of 2018, or the THRIVE Act by a vote of 230-173.
The opioid crisis strikes the hearts of communities around the nation. By using federal resources more efficiently and effectively, including housing programs, Congress can better address the needs of… Read more »
This week, the Financial Services Committee approved four bills, bringing the total number of bills reported out of the Committee this Congress to 112.
“Today, the Committee is meeting to consider another important series of measures. These are designed to deal with market stability and security to the financing of illicit activities. These bills represent months of dedicated efforts by… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Joseph Otting the Comptroller of the Currency:
Today we will welcome Joseph Otting, the 31st Comptroller of the Currency, who took office approximately seven months ago. We will welcome him for his first appearance before the Committee. What a… Read more »
The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to examine how the U.S. Securities and Exchange Commission’s (SEC) approach to enforcing Federal securities laws is complimentary to all three prongs of the SEC’s statutory mission to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation. This hearing… Read more »
