News List

  • Hensarling Floor Statement on Main Street Jobs Legislation
    Feb 3, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement on the House floor today in support of H.R. 1675, the Encouraging Employee Ownership Act: I rise in strong support of H.R. 1675, the Encouraging Employee Ownership Act. I do this because, as yo... More
  • Terror Financing Task Force Examines Trading with the Enemy
    Feb 3, 2016 - WASHINGTON – Terrorist groups and criminal organizations can exploit the international trade system to fund their activities with relatively low risk of detection, members of the Financial Services Task Force to Investigate Terror Financing said today during a hearing. Trade-based money laundering (... More
  • Broad, Bipartisan Housing Reform Bill Passes House
    Feb 2, 2016 - WASHINGTON – Bipartisan reforms to improve the effectiveness of public housing programs were approved by the House on Tuesday by a vote of 427-0. The reforms included in the “Housing Opportunity Through Modernization Act” update and improve outdated rules and regulations in order to give state and ... More
  • Hensarling Opening Statement at Budget Views and Estimates Markup
    Feb 2, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of its FY 2017 Budget Views and Estimates: Three weeks ago we heard President Obama deliver his last State of the Union address, and perhaps never has t... More
  • Hearing Examines Obama Administration’s Campaign to Mislead Americans on Debt
    Feb 2, 2016 - WASHINGTON – The Oversight and Investigations Subcommittee held a hearing today focused on its investigation that reveals the Obama Administration misled Congress and the public about its ability to prioritize payments during negotiations over the nation’s debt ceiling. While Administration officia... More
  • Subpoenaed Records Contradict Treasury on Debt Ceiling
    Feb 1, 2016 - WASHINGTON -- Documents subpoenaed by the House Financial Services Committee reveal the Obama Administration is not only capable of prioritizing payments in case the nation’s borrowing authority is not raised, it has run “tabletop exercises” to prepare for such a contingency – contradicting earlier... More
  • In Win for Small Business and Community Investment, House Approves Bipartisan Committee Bills Today
    Feb 1, 2016 - WASHINGTON – Small businesses would get more attention and support from the Securities and Exchange Commission (SEC) and local banks would get some help complying with regulations under bipartisan bills approved by the House on Monday. “The president’s policies have delivered the slowest and weakes... More
  • Updated Committee Schedule for Week of February 1
    Jan 29, 2016 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s updated schedule for the week of February 1. Tuesday, February 2 at 10:00 A.M. – The Financial Services Committee will hold a markup of its Views and Estimates on the budget for fiscal year... More
  • Media Advisory: Hensarling Announces Fed Chair Yellen Semi-Annual Testimony Date
    Jan 20, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that Federal Reserve Chair Janet Yellen will appear before the committee on Wednesday, February 10 at 10 a.m. for the Fed’s semi-annual Monetary Policy Report to Congress. Since Chair Yellen last appeared before ... More
  • Report: Removal of Safeguards Means White Borrowers Receiving Settlement Proceeds Meant for Racial Minorities
    Jan 20, 2016 - WASHINGTON -- The Consumer Financial Protection Bureau is distributing $80 million in settlement proceeds from its enforcement action against Ally Financial and its subsidiary Ally Bank without verifying that recipients are eligible to receive the money. The result is some white borrowers are gettin... More