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WEEK IN REVIEW

| Posted in Member Corner

Dodd-Frank's Impact 5 Years Later: We Are Less Free As the nation marked Constitution Day on Thursday, the Financial Services Committee heard from witnesses that the Dodd-Frank Act makes Americans less free.  By centralizing greater power in the hands of Washington bureaucrats, Dodd-Frank results in a less dynamic economy and a command-and-control system in which regulators dictate…

Dodd-Frank Erodes Freedom, Opportunity and Rule of Law

| Posted in Press Releases

WASHINGTON - As America celebrated Constitution Day on Thursday, the Financial Services Committee held a hearing to examine how hardworking Americans are less free because of the Dodd-Frank Act passed by Congress in 2010.  The hearing was the third in a series focused on the harmful impact Dodd-Frank has had on Americans’ prosperity, freedom and financial stability. “Dodd-Frank…

U.S. Leadership in the Midst of Global Economic Turmoil is Essential

| Posted in Press Releases

The turbulent global economy presents the United States with an opportunity to reorient international economic priorities toward free markets, free trade and fiscal responsibility, members of the Financial Services Monetary Policy and Trade Subcommittee said today at a hearing. “The combination of debt and misguided policy decisions being implemented by countries across the globe…

Hensarling Reacts to Fed Decision on Interest Rates

| Posted in Press Releases

CLICK HERE TO WATCH WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) reacted to the Federal Reserve’s decision to keep its benchmark interest rates near zero, where they’ve been since December 2008.  During an interview on Bloomberg TV, Chairman Hensarling called the artificially low…

Committee Marks Constitution Day Asking "Are We More Free?" Under Dodd-Frank

| Posted in Press Releases

As the nation marks Constitution Day on Thursday, the Financial Services Committee will hold a hearing on "The Dodd-Frank Act Five Years Later: Are We More Free?" Thursday, September 17 at 10:00 A.M. – The full committee will hold a hearing entitled “The Dodd-Frank Act Five Years Later: Are We More Free?” This will be the third of the committee’s three hearings looking at some of the…

Hensarling: President’s Nuclear Deal with Iran is Good…for Iran

| Posted in Press Releases

    CLICK HERE TO WATCH WASHINGTON – U.S. Congressman Jeb Hensarling (R-TX), chairman of the House Financial Services Committee, made the following speech on the House floor Wednesday evening blasting the Obama Administration’s dangerous nuclear arms agreement with Iran and urging…

WEEK IN REVIEW

| Posted in Member Corner

Lawmakers Express Bipartisan Concerns Over Labor Dept. Retirement Regulation A controversial regulation proposed by the Department of Labor will make it harder for Americans, especially those with lower and middle incomes, to plan for retirement said Republicans, several Democrats and witnesses at a joint subcommittee hearing on Thursday. The Capital Markets and Government Sponsored…

Hearing Schedule Announced for Week of Sept. 14

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of September 14. Thursday, September 17 at 10:00 A.M. – The full committee will hold a hearing entitled “The Dodd-Frank Act Five Years Later: Are We More Free?” This will be the third of the committee’s three hearings looking at some of the consequences of the…

Hensarling: Committee Will Advance Bill to “Provide Americans With More Choices and Greater Freedom to Save for Their Future”

| Posted in Press Releases

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about the Department of Labor’s proposed regulation that will raise the cost of retirement, especially for millions of lower and middle income Americans.  Republicans and Democrats expressed objections to the controversial regulatory proposal at a joint Financial Services…

Task Force Focuses on Whether U.S. Doing Enough to Stop Financing of Terror

| Posted in Press Releases

WASHINGTON - The Financial Services Committee’s Task Force to Investigate Terrorism Financing held its fifth hearing today and examined areas where U.S. efforts to stop terrorist financing can be improved.  At today’s hearing the Task Force, which was formed earlier this year, also reviewed the level of cooperation between various federal agencies involved in countering terrorist…

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