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Committee Schedules Hearings on Terror Financing and Preserving Retirement Security

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the week of September 7. Wednesday, September 9 at 10:00 A.M. - The Task Force to Investigate Terrorism Financing will hold a hearing entitled “Could America Do More? An Examination of U.S. Efforts to Stop the Financing of Terror.” Thursday, September 10 at 10:00 A.M. - The…

Hensarling Statement on Finalized CEO Pay Ratio Rule

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement after the Securities and Exchange Commission (SEC) voted today to finalize its CEO pay ratio rule. Last year, Chairman Hensarling along with Capital Markets and Government Sponsored Enterprises Subcommittee Chairman Scott Garrett (R-NJ) and Monetary Policy and Trade Subcommittee Chairman Bill Huizenga…

WEEK IN REVIEW

| Posted in Member Corner

Committee Passes Federal Reserve Accountability, Bipartisan Reg Relief Bills On Wednesday the Financial Services Committee passed several  bills designed to help grow the economy, create jobs and bring much-needed accountability and transparency to the Federal Reserve. H.R. 3189, the Fed Oversight Reform and Modernization Act (FORM Act), requires the Federal Reserve to…

Committee Approves Federal Reserve Oversight and Transparency Reforms

| Posted in Press Releases

WASHINGTON -- The House Financial Services Committee approved legislation today designed to improve the economy’s performance by bringing greater accountability and transparency to the Federal Reserve.  The bill, the Fed Oversight Reform and Modernization Act (FORM Act) sponsored by Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (R-MI), passed the Committee…

Committee Passes Bipartisan Jobs and Federal Reserve Reform Bills

| Posted in Press Releases

The Financial Services Committee today approved several bipartisan bills today designed to help grow the economy, create jobs, and bring much needed accountability and transparency to the Federal Reserve. “We seek to simplify the rules, reduce complexity and compliance costs. Complicated and costly regulations serve as barriers that too often keep small competitors off the playing…

Dodd-Frank Contributes to Weakest Recovery of Modern Era

| Posted in Press Releases

  WASHINGTON- The Financial Services Committee held a full committee hearing today to examine America’s economic prosperity in the five years since the Dodd-Frank Act became law. This hearing was the latest in a series focused on the impact Dodd-Frank has had on prosperity, freedom and financial stability: When he signed Dodd-Frank into…

Dodd-Frank Fifth Anniversary Round-Up

| Posted in In Case You Missed It

Dodd-Frank turns 5: What mess …what Dodd-Frank actually did was to deliver yet another massive government intervention to cover up the lies of past government interventions that directly led to last decade's economic meltdown. …What an absolute mess. And it's exactly what you get when,…

ICYMI: “Raising Ex-Im From the Dead”

| Posted in In Case You Missed It

  CLICK HERE TO READ THE FULL EDITORIAL Perhaps you haven’t heard that the charter for the Export-Import Bank ended on June 30. That’s right, a New Deal-era program has expired, and almost no one noticed. Pity, then, that some Republicans are working to resurrect this unnecessary subsidy for…

WEEK IN REVIEW

| Posted in Member Corner

Committee Explores Appropriate Level of Capital and Liquidity The full committee held a hearing to delve in to the issue of "too big to fail" and to hear from experts on the appropriate levels of capital and liquidity for U.S. banks to function properly and help foster economic growth. "Since the crisis, U.S. banks have raised more than $400 billion in new capital and regulators have…

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