News List

  • Chairman Hensarling Reacts to Ranking Member's Comment That 'Too Many Folks' Believe Community Banks Need Regulatory Relief
    Jul 25, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) reacted to comments made on Tuesday by the committee’s ranking member, Rep. Maxine Waters (D-CA), that overregulation of community banks is a myth “that too many folks have bought into”: “Some Democrats may deride small towns as ‘flyo... More
  • Hensarling: Court Ruling Means Executive Orders Now Apply to CFPB
    Oct 19, 2016 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) notified CFPB Director Richard Cordray in a letter today that a recent federal court ruling means the Bureau must now follow executive orders requiring agencies to ensure the benefits of their proposed regulations outweigh the costs. ... More
  • More Evidence Destroying the White House’s Spin on Dodd-Frank
    Aug 19, 2016 - Just last week the White House was claiming that the crushing regulatory burden of the Dodd-Frank Act wasn’t harming community banks – not one bit. Community bankers, credit union leaders and small business owners told us that’s absolutely not true. Today’s report from Bloomberg (Headline: Bank Mer... More
  • Hensarling on Dodd-Frank's Unhappy Anniversary: Instead of ending 'too big to fail,' Dodd-Frank has created 'too small to succeed.'
    Jul 21, 2016 - Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments today on the sixth anniversary of the failed Dodd-Frank Act being signed into law: "One of the main reasons why we’re stuck in the worst economic recovery of our lifetimes is the Dodd-Frank Act, a grave mistake D... More
  • WEEK IN REVIEW
    Apr 15, 2016 - Holding Bureaucrats Accountable and Helping Main Street Grow Two committee priorities – holding Washington accountable and growing Main Street’s economy – were on the House floor this week in the form of Rep. Tom Emmer’s (R-MN) “Financial Stability Oversight Council Reform Act” and Rep. Mia Love’s (... More
  • Hensarling Supports Regulatory Relief for Main Street
    Apr 14, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following remarks on the House floor today in support of H.R. 3791, legislation to help small community banks raise capital and serve their customers: Mr. Speaker, I rise today in strong support of H.R. 3791, whic... More
  • Hensarling: Bureaucrats’ Spending Should Be on Budget
    Apr 14, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following floor statement in support of H.R. 3340, the Financial Stability Oversight Council Reform Act: Mr. Speaker, I rise in strong support of H.R. 3340, the Financial Stability Oversight Council Reform Act. I’... More
  • GAO Finds Regulator Secrecy on ‘Living Wills’ Could Undermine Confidence
    Apr 12, 2016 - Secrecy surrounding how Washington regulators determine whether the “living wills” submitted by banks are credible “could undermine public and market confidence,” according to a new report released today by the Government Accountability Office (GAO). “Without greater transparency, the lack of clear... More
  • ICYMI: More Evidence that Dodd-Frank Continues to Harm Main Street
    Jan 8, 2016 - Two separate reports published at the end of 2015 paint an ugly picture of the impact the Dodd-Frank Act is having on America’s community banks, credit unions, and the customers they serve. The first report from the Dallas Federal Reserve concluded that in the era of Dodd-Frank’s regulatory onslaugh... More
  • Fed’s Emergency Lending Rule Leaves the Door Wide Open to Future Taxpayer-Funded Bailouts
    Nov 30, 2015 - Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the emergency lending rule adopted by the Federal Reserve on Monday: “Five years after Dodd-Frank became law, ‘too big to fail’ is unfortunately alive and well and this rule from the Federal Reserve does... More