News List

  • Subcommittee Examines Legislation to Improve Regulations
    Sep 7, 2017 - The Financial Institutions and Consumer Credit Subcommittee met today to examine several pieces of legislation aimed at improving the regulatory environment in order to boost economic growth. “The legislation discussed in the Subcommittee today will better allow financial companies to serve their cu... More
  • Combating Financial Backing of Lone-Wolf and Small-Scale Terrorist Attacks
    Sep 6, 2017 - The Terrorism and Illicit Finance Subcommittee held a hearing today to analyze strategies to combat financial backing of lone-wolf and small-scale terrorist attacks. “Efforts to combat terrorist financing have traditionally focused on large scale funding sources; however, small-scale and lone-wolf s... More
  • Harvey Is Our Wake-Up Call
    Sep 5, 2017 - By Jeb Hensarling September 5, 2017 The destruction caused by Hurricane Harvey is unlike anything my home state has ever experienced. As long as I live, I'll never forget those images of elderly women waiting in waist-deep water to be rescued. I'll never forget the images of children clinging to the... More
  • ICYMI: After Harvey, Flood Insurance Needs Reform
    Aug 31, 2017 - Aug. 30, 2017 LINK Congress must be generous in helping to repair the damage, to lives and to property, from Hurricane Harvey. The full extent of the destruction may not be known for a long time but is evidently catastrophic, just as the damage wrought by Katrina and Sandy was. Even as they demonstr... More
  • Before You Leave The Swamp...
    Aug 4, 2017 - By James Freeman Aug. 4, 2017 Republican staff of the House Financial Services Committee have completed a legal analysis concluding there is sufficient basis for Congress to initiate contempt proceedings against Consumer Financial Protection Bureau Director Richard Cordray. The staff report, which m... More
  • Hensarling Remarks at U.S. Treasury Hearing
    Jul 27, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing with Treasury Secretary Steven Mnuchin on the State of the International Financial System: This morning the Committee welcomes Treasury Secretary Steven Mnuchin for... More
  • Full Committee Approves Bipartisan Bills
    Jul 25, 2017 - The House Financial Services Committee met on Tuesday to approve four bipartisan bills, including legislation aimed at creating a healthier economy and making the World Bank more accountable. “I thank all members of the committee on both sides of the aisle for working to bring these bills forward fo... More
  • Hensarling Commends Committee Members for Bipartisan Work
    Jul 25, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s committee meeting to consider proposed legislation: The committee meets today to consider five pieces of legislation, nearly all of which have earned bipartisan support and are lar... More
  • 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
  • House Moves to Block CFPB’s Trial Attorneys Relief Act
    Jul 25, 2017 - The House voted 231-190 Tuesday to block a controversial rule by the Consumer Financial Protection Bureau (CFPB) that would benefit class action trial attorneys and harm consumers. Using authority provided under the Congressional Review Act (CRA), the resolution of disapproval also prevents the CFPB... More