The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to review eleven legislative proposals to help fuel capital and growth on Main Street.
The legislative proposals considered were:
H.R. 5054, the “Small Company Disclosure Simplification Act of 2018,” introduced by Rep. David Kustoff (R-TN), to provide an exemption for emerging growth companies… Read more »
House Financial Services Committee Chairman Jeb Hensarling released the following statement regarding Senate confirmation of Brian Montgomery for the dual role of Commissioner of the Federal Housing Administration (FHA) and Assistant Secretary for Housing at the Department of Housing and Urban Development (HUD).
“I want to congratulate Brian Montgomery on his confirmation to be… Read more »
This week, the Financial Services Committee approved three bills, bringing the total number of bills reported out of the Committee this Congress to 102.
“These three important measures support the Committee’s continued efforts to increase housing mobility for low-income families, create opportunity for individuals recovering from opioid addiction, and improve our security review process… Read more »
Today, the House of Representatives voted 258-159 to pass the “Economic Growth, Regulatory Relief and Consumer Protection Act,” which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago.
“For far too long, far too many people in our country have struggled to make ends meet. They’ve struggled to buy… Read more »
In the years following the recent financial crisis, our community financial institutions have cited costly, burdensome, and one-size-fits-all Washington regulations as major roadblocks to their ability to grow and serve their customers. Over the past several months, the House of Representatives has passed dozens of strongly bipartisan pro-growth bills to help not only our community… Read more »
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a signing ceremony at the White House for S.J. Res. 57, which uses Congressional Review Authority (CRA) to repeal the Bureau of Consumer Financial Protection’s (Bureau) controversial 2013 indirect auto lending guidance.
"Thanks to the hard work of Republicans in Congress, today… Read more »
House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement praising the Bureau of Consumer Financial Protection’s (Bureau) announcement that it will reexamine whether disparate impact liability is within the jurisdiction of the Equal Credit Opportunity Act (ECOA). Prior staff reports compiled by the Committee have shown that disparate impact liability… Read more »
House Financial Services Committee Chairman Jeb Hensarling released the following statement following media reports that high ranking Fannie Mae employees have been intentionally violating their government prohibition on lobbying through a series of secret meetings to remove the failed mortgage giant from federal oversight.
“When Fannie Mae went broke, it came begging taxpayers for… Read more »
The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness.
The majority of programs to reduce homelessness and provide assistance in housing services fall under the responsibility of the Department on Housing and Urban Development (HUD) and… Read more »
The Subcommittee on Capital Markets, Securities, and Investments held a hearing today to oversee the Securities and Exchange Commission’s (SEC) Division of Enforcement (Division). The hearing examined the mission, operation, and current initiatives and activities of the Division. The Subcommittee also observed how the Division’s agenda is consistent with the SEC’s… Read more »
