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ICYMI: Derailing the American Dream since 2010: Thanks a lot, Dodd-Frank
Jul 22, 2014
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CLICK HERE TO READ Published July 21, 2014 By Rep. Jeb Hensarling President Obama promised the sprawling Dodd-Frank Act he signed four years ago this week would “lift the economy,” “end too big to fail,” “end bailouts,” and “increase investment and entrepreneurship.” Instead, Dodd-Frank has done th...
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Egregious Ex-Im Bank Deal of the Day
Jul 22, 2014
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e·gre·gious -- outstandingly bad; shocking. The Ex-Im Bank’s Support for Australia’s “Corporate Welfare Queen” Australia’s richest citizen Gina Rinehart in Singapore at the signing of agreements for the Roy Hill mine. Why is Australia’s richest citizen – worth at least $18 billion – receiving loans...
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Financial Services Committee to Hear from Main Street Economy Voices at Dodd-Frank Anniversary Hearing
Jul 22, 2014
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While some media attention has focused on one particular witness who will appear at Wednesday’s Financial Services Committee hearing to assess the Dodd-Frank Act on its 4th anniversary, others will be testifying about the realities of Dodd-Frank. Wednesday’s hearing will feature four witnesses from ...
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Chairman Hensarling: The Truth is Ex-Im Backs Exports for Less Than 1 Percent of 1 Percent of America’s Small Businesses
Jul 22, 2014
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Financial Services Committee Jeb Hensarling (R-TX) today responded to claims being made by supporters of the Export-Import Bank about Ex-Im and small businesses: “For political purposes, Ex-Im is desperately trying to portray itself as a friend of small business. But Ex-Im backs exports for less tha...
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5 Facts About the Export-Import Bank for Obama to Take With Him to Seattle
Jul 22, 2014
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At his event in Seattle tonight, it won’t be surprising if President Obama praises the Export-Import Bank as a “jobs creator” that “doesn’t cost taxpayers anything.” It’s a far cry from how he used to describe the Export-Import Bank – as “little more than a fund for corporate welfare.” The President...
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7/21/14 Weekly Rundown
Jul 21, 2014
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On Wednesday at 10:00 a.m. the Full Committee will hold a hearing to assess the impact of the Dodd-Frank Act on its four-year anniversary. To view the committee staff report on “too big to fail” that was released today, click here. On Thursday at 10:00 a.m. the Capital Markets and Government Sponsor...
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Report: Dodd-Frank Act Does Not End Too Big to Fail But Perpetuates It as Official Policy
Jul 21, 2014
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July 21, 2014 Report: Dodd-Frank Act Does Not End Too Big to Fail But Perpetuates It as Official Policy WASHINGTON - House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) today released a committee staff report...
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Egregious Ex-Im Bank Deal of the Day
Jul 21, 2014
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With One Hand U.S. Sanctions Russian Companies, But With the Other… The Export-Import Bank is financing deals with Russian companies hit by U.S. sanctions this past week. Two of the four Russian firms targeted with new sanctions announced last week by the Obama administration have received more than...
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Weekly Video Message: Rep. Leutkemeyer on the End Operation Choke Point Act Download
Jul 20, 2014
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CLICK HERE TO WATCH In this week's FSC Video Message, watch Rep. Blaine Luetkemeyer (Twitter|Facebook) discuss H.R. 4986, the End Operation Choke Point Act. The bill is designed to put an end to government attempts to shut down entire portions of the private sector based on what it deems to be unac...
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FSC Majority | Week in Review
Jul 18, 2014
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Full Committee Receives Semi-Annual Testimony on Monetary Policy and the State of the Economy On Wednesday, the full committee held a hearing to receive the semi-annual testimony from Federal Reserve Chair Janet Yellen on the conduct of monetary policy and the state of the economy. Members of the co...
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