News List

  • 120 Year Old Kentucky Bank Faces Greatest Challenge Yet
    Dec 5, 2013 - Since 1893, Owingsville Banking Company (OBC) has served the citizens of rural Bath County Kentucky. The bank endured the Great Depression, the stagflation of the 1970s and, most recently, the Great Recession. Today, however, OBC faces a new challenge -- not the difficult market conditions of this ... More
  • Chairman Hensarling Speaks in Support of Bipartisan Jobs Bill
    Dec 4, 2013 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) today delivered the following remarks on the House floor in support of H.R. 1105, the Small Business Capital Access & Job Preservation Act: Mr. Speaker, since Congress was not in session last week perhaps some of my colleagues missed ... More
  • Floor Vote Prep | H.R. 1105, the Small Business Capital Access & Job Preservation Act
    Dec 3, 2013 - The Problem: Excessive and unnecessary regulations hurt our economy, increase costs and restrict access to private sector capital that our nation’s job creators need to grow the economy and create jobs. The Example: Title IV of the Dodd-Frank Act imposes new registration and reporting requirements o... More
  • Weekly Rundown
    Dec 2, 2013 - The House is in session Monday through Thursday this week and will consider one Financial Services Committee bill. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for additional information throughout the week. Here's whats happening: On Wednesday at 10 a.... More
  • Chairman Hensarling Op-Ed: Giving the FHA a new lease on life
    Nov 27, 2013 - Chairman Hensarling Op-Ed | November 27, 2013 Persistently weak job growth, higher taxes on families and record-breaking government debt are the hallmarks of the failed economic experiment known as Obamanomics. It is an experiment made up of many policies, but its core revolves around one central b... More
  • Sunday Video Message | Rep. Robert Pittenger
    Nov 24, 2013 - Congressman Robert Pittenger (Twitter | Facebook) delivers this week's Sunday Video Message on the dangerously unaccountable Consumer Financial Protection Bureau (CFPB). The committee approved six bills to reform the CFPB last week. More
  • Committee Approves Consumer Protection Bills that Bring Accountability, Oversight and Transparency to the CFPB
    Nov 21, 2013 - The House Financial Services Committee today passed six bills to bring oversight, accountability and transparency to the Consumer Financial Protection Bureau (CFPB), including bills to protect consumer privacy. “These are modest, common-sense bills that bring a modicum of accountability and transpar... More
  • Financial Times: Winding down Fannie and Freddie
    Nov 21, 2013 - Editorial | November 20, 2013 It has been five years since Lehman Brothers collapsed and longer since the US subprime bubble burst. Yet plans to reform Fannie Mae and Freddie Mac – the government-sponsored behemoths that underwrite the US housing market – are little nearer to completion. Both Repub... More
  • Biggert-Waters Flood Insurance Reform Reviewed at Subcommittee Hearing
    Nov 19, 2013 - The Financial Services Housing and Insurance Subcommittee held a hearing today on the importance of implementing the Biggert-Waters Flood Insurance Reform Act in order to protect taxpayers from having to continue bailing out the debt-ridden National Flood Insurance Program (NFIP). With a $24 billion... More
  • Chairman Hensarling’s Statement on Bringing Accountability and Transparency to the CFPB
    Nov 19, 2013 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of Consumer Financial Protection Bureau (CFPB) reform legislation: Today our committee will take up six different bills dealing with the CFPB. These are modest, comm... More