Off Air Next: Hearing entitled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs”

Hensarling Praises President’s Action to Stop Dodd-Frank Bailouts for Wall Street

Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments after President Trump today took action to stop regulators’ ability to designate companies “too big to fail” and the use of the Dodd-Frank Act’s bailout authority pending reviews by the Department of the Treasury: “Democrats promised the American people that Dodd-Frank would end ‘too big to fail’ and bailouts, but with Dodd-Frank the big banks got even bigger and bailouts are enshrined into law. Dodd-Frank ac...

‘You’re Fired,’ Trump Should Tell Richard Cordray

By David B. Rivkin Jr. and Andrew M. Grossman Wall Street Journal The greatest mystery in Washington involves not Russian spies or wiretaps but Richard Cordray’s continued employment as director of the Consumer Financial Protection Bureau. In the face of President Trump’s mandate for change, Mr. Cordray continues the Obama administration’s regulatory crusade against lenders, blocking access to the credit that supports so many small businesses and so much consumer spending. Why would a president ...

Committee Hearing Scheduled for the Financial CHOICE Act

Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced that the Committee will hold a hearing to discuss the Financial CHOICE Act on Wednesday, April 26 at 10:00 a.m. “Republicans are eager to work with the President to end and replace the Dodd-Frank mistake with the Financial CHOICE Act because it holds Wall Street and Washington accountable, ends taxpayer-funded bank bailouts, and unleashes America’s economic potential,” said Chairman Hensarling. “We want economic opportun...

Hensarling Statement on President Trump's Nominations to the Export-Import Bank

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on President Trump's nominations to the Export-Import Bank: "While Ex-Im's subsidies to foreign competitors continue to threaten free enterprise here at home, I can think of no one more qualified than Scott Garrett and Spencer Bachus to steer the institution towards reform. Having worked with both of these gentlemen closely on the Financial Services Committee, I am hopeful they will safeguard taxpayer do...