News List

  • Republicans Press Powell on Balance Sheet & Economic Outlook
    Feb 27, 2019 - WASHINGTON – Today, Federal Reserve Chairman Jerome Powell testified before the House Financial Services Committee at the semiannual hearing entitled: Monetary Policy and the State of the Economy. Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), began by highligh... More
  • McHenry Continues Push for Federal Bureaucracy Oversight
    Jan 7, 2019 - WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the eight Inspectors General (IG) of the agencies within the committee’s jurisdiction requesting an update on the agencies’ efforts to implement the IGs recommendatio... More
  • Hensarling Statement on Janet Yellen's Decision to Leave the Federal Reserve Board
    Nov 20, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement concerning Federal Reserve Chair Janet Yellen's decision to resign her seat on the Fed's Board of Governors once Jerome Powell replaces her as head of the nation's central bank: “Although we did not alwa... More
  • Hensarling Opening Statement at Federal Reserve Oversight Hearing
    Sep 28, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Federal Reserve Chair Janet Yellen on the Semi-Annual Testimony on the Federal Reserve’s Supervision and Regulation of the Financial System: As we... More
  • Hensarling Opening Statement at Monetary Policy Hearing
    Feb 10, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to receive the Monetary Policy and State of the Economy report from Federal Reserve Chair Janet Yellen: Last month we all heard President Obama attempt... More
  • ICYMI: Hensarling on CNBC Squawk Box
    Feb 10, 2016 - "When is monetary policy going to be more predictable, more method based, and less improvisational...We need to understand what is the direction of monetary policy going forward." </center> More
  • Nobel Prize Winning Economists and Economic Policy Leaders Announce Support for Federal Reserve Reform Passed by House
    Feb 10, 2016 - WASHINGTON -- A group of Nobel Prize winning economists and former senior economic policy officials announced their support for House-passed reforms that would make the Federal Reserve more accountable and transparent. The House approved the Fed Oversight Reform and Modernization Act (H.R. 3189, th... More
  • Hensarling: ‘Unsustainably low interest rates clearly didn’t solve the problem’
    Dec 16, 2015 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement about the Federal Reserve’s decision to raise its benchmark interest rate from near zero, where it has been since 2008: “The real question isn’t whether the Fed should be raising interest rates ... More
  • House Passes Seven Committee Bills
    Nov 19, 2015 - WASHINGTON - This week the House passed seven bills with bipartisan support from the Financial Services Committee. Below is the list of bills passed by the House: H.R. 3189, the “Fed Oversight Reform and Modernization Act of 2015” Sponsor: Rep. Bill Huizenga (R-MI) H.R. 3189 would improve the econom... More
  • Hensarling Remarks on FORM Act
    Nov 18, 2015 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following comments during the House’s debate on legislation to reform the Federal Reserve to make it more transparent and accountable to the American people: I rise in strong support of H.R. 3189, the FORM Act, to reform the F... More