WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) denounced major policy changes Housing and Urban Development Secretary Julian Castro is making to the sale of nonperforming loans insured by the government, saying the moves help liberal special interests at the expense of hardworking taxpayers. The changes would create “preferential bidding” options for… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s Monetary Policy and Trade Subcommittee hearing on the implications of U.S. aircraft sales to Iran:
“For the past year, this committee’s bipartisan Task Force on Terrorism Financing has done excellent work shedding light on sources of terror financing and offering… Read more »
WASHINGTON – The House on Tuesday passed three bipartisan financial services bills, including legislation to help startup businesses gain access to investment capital and to help law enforcement prevent financial fraud against senior citizens.
When the Financial Services Committee approved the bills last month, Chairman Jeb Hensarling (R-TX) praised the measures as “solutions that… Read more »
WASHINGTON -- A House subcommittee on Thursday will debate legislation designed to halt the Boeing Company’s multi-billion dollar deal to sell and lease airplanes to Iran.
The deal, if completed, would constitute the biggest American business transaction with Iran since the 1979 Islamic revolution.
The Monetary Policy and Trade Subcommittee, chaired by Rep. Bill Huizenga (R-MI), will… Read more »
By Alex J. Pollack
To overhaul the Dodd-Frank Act, here is a radical and really good idea from House Financial Services Committee Chairman Jeb Hensarling.
The Financial CHOICE Act, Hensarling's bill, says to U.S. banks: "Don't like the endless additional regulation imposed on you by the bloated Dodd-Frank Act? Get your equity capital up high enough and you can purge yourself of a… Read more »
WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of July 4:
Thursday, July 7 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a hearing entitled “The Implications of U.S. Aircraft Sales to Iran.” This hearing will examine how aircraft exports envisaged by the Joint Comprehensive Plan of… Read more »
By: Peter Wallison
Real Clear Markets, June 29, 2016
Drafts of a thoroughgoing reform of Dodd-Frank, prepared by House Financial Services Committee Chairman Jeb Hensarling, are now circulating in Washington and drawing the predictable attacks from the anti-reform caucus-otherwise known as the Progressives.
The bill, called the Choice Act, is a massive piece of work-about 500 pages-to… Read more »
By: Stephen Matteo Miller and Chad Reese
American Banker, June 28, 2016
Announcing his plan to overhaul the Dodd-Frank Act, House Financial Services Committee Chairman Jeb Hensarling signaled agreement with a growing list of policymakers and scholars who argue that the best way to prevent another financial crisis is to embrace simpler, higher capital requirements rather than other… Read more »
15 national conservative organizations and prominent activists announced they “wholeheartedly endorse” the Financial CHOICE Act, saying the Republican plan to replace the failed Dodd-Frank Act will “turbocharge the American economy.”
“If we want the economy to improve — if we want to give all Americans the chance to prosper again — we need to put an end to Washington’s destructive… Read more »
By: Norbert Michel
Forbes, 6/28/2016
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) has released a discussion draft of the Financial CHOICE Act, legislation that would replace large parts of the failed Dodd-Frank Act. It has attracted some high-profile fans. Three Nobel Prize winning economists, a former U.S. Treasury Secretary, and a host of academics and… Read more »
