Media Roundup: Hensarling Remarks at American Bankers Association Summit
Washington,
March 15, 2016 -
Rep. Hensarling Unveils Fresh Plan to Revamp Dodd-Frank
Mr. Hensarling’s blueprint is significant, framing a Republican agenda in this election year, and attempting to steer the debate in the event Republicans win the White House and keep control of Congress in November.
Hensarling's 'Bold Alternative' for Reform Includes Big Capital Change
House Financial Services Committee Chairman Jeb Hensarling signaled an aggressive assault on the Dodd-Frank Act on Tuesday, outlining a bill that would allow banks to be released from some of the 2010 reform law's regulations and Basel III requirements if they hold sufficient capital.
GOP chairman sketches out Dodd-Frank replacement
A Republican alternative to President Obama's Dodd-Frank financial reform law will be released soon, a top House lawmaker said Tuesday. Jeb Hensarling, the chairman of the House Financial Services Committee, told a conference of bankers in Washington that "we are deep into our planning and you will soon see our bill."
GOP chairman: Banks are facing 'regulatory waterboarding'
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) vowed that he would soon unveil a proposal to replace the Dodd-Frank financial reform law. He portrayed the 2010 regulatory overhaul as a boondoggle that has put smaller bankers out of business.
Hensarling Pledges GOP Alternative to ‘Regulatory Waterboarding’
“I can report to you today that we are deep into our planning and you will soon see our bill,” Hensarling (R-Texas) said in a speech at an American Bankers Association conference in Washington. “For our sputtering economy and all those struggling in it, help is on the way.”
Congressman Invokes Kanye, Bono in Call for Dodd-Frank Repeal
The head of the House Financial Services Committee quoted Bono and Kanye West on Tuesday while announcing plans for an alternative to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act – a piece of legislation that has long rankled many on the right of the political spectrum.
Hensarling Previews Regulatory Reform Plan
Hensarling emphasized that his plan is not about “a debate between regulation and de-regulation.” Instead, he said, “this is going to be a debate over the future of our economy and the hopes and dreams of millions. We believe well-functioning, transparent and efficient capital markets provide a ladder of opportunity, and when all Americans have more opportunities, the economy rises with them.”
