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  • House Approves the Encouraging Employee Ownership Act
    Apr 4, 2017 - The House passed bipartisan legislation on Tuesday that would make it easier for businesses to offer employees an ownership stake in the companies where they work. The bill, the Encouraging Employee Ownership Act of 2017, drew strong support from Republicans and Democrats and was approved by a vote ... More
  • Joint Subcommittee Hearing Examines Iran Sanctions
    Apr 4, 2017 - The Monetary Policy and Trade Subcommittee and the Terrorism and Illicit Finance Subcommittee held a joint hearing Tuesday to examine the effectiveness of non-nuclear U.S. sanctions on the Islamic Republic of Iran. The subcommittees heard from several witnesses about whether new designations or sanc... More
  • Chairman Hensarling Joins HUD Secretary Carson at Jubilee Park & Community Center
    Mar 31, 2017 - DALLAS, Texas— Today, Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, joined Housing and Urban Development Secretary Dr. Ben Carson at Jubilee Park and Community Center during the Secretary’s multi-city listening tour of communities and HUD offices. Today’s to... More
  • Media Advisory: Committee Schedule for the Week of April 3
    Mar 31, 2017 - The Financial Services Committee will have four hearings and two bills up for debate on the House floor next week. Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of April 3: Tuesday, April 4 at 10:00 A.M. – The Monetary Policy and Trade Subcommittee will hold a ... More
  • WEEK IN REVIEW
    Mar 31, 2017 - Regulatory Overkill Cutting Off Access to Credit The Financial Institutions and Consumer Credit Subcommittee held a hearing on Tuesday to examine the state of bank lending in America. Subcommittee members heard testimony from witnesses that Washington’s regulatory burden is restricting small busines... More
  • Witnesses Make Case for Repealing Volcker Rule
    Mar 29, 2017 - A Dodd-Frank Act regulation known as the Volcker Rule is harming the ability of American businesses to obtain affordable financing for long-term growth, witnesses told the Capital Markets, Securities and Investment Subcommittee on Wednesday. Staff at the Federal Reserve also concluded that the Volck... More
  • Dodd-Frank’s Inconsistent ‘Too Big to Fail’ Process
    Mar 28, 2017 - The Oversight and Investigations Subcommittee held a hearing on Tuesday to examine the arbitrary and inconsistent process used by the Financial Stability Oversight Council (FSOC) to designate systemically important financial institutions (SIFIs), or those deemed by Washington as “too big to fail.” M... More
  • Regulatory Overkill Cutting Off Access to Credit, Subcommittee Hears
    Mar 28, 2017 - The Financial Institutions and Consumer Credit Subcommittee heard testimony from witnesses on Tuesday that Washington’s regulatory burden is restricting small business and consumer access to credit. “Despite the rhetoric fed to us since its passage, consumers and small businesses haven't been protec... More
  • Media Advisory: Committee Hearing Schedule for the Week of March 27
    Mar 24, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of March 27: Tuesday, March 28 at 10:00 A.M. – The Oversight and Investigations Subcommittee will hold a hearing entitled “The Arbitrary and Inconsistent Non-Bank SIFI Designation Proces... More
  • WEEK IN REVIEW
    Mar 24, 2017 - Unconstitutional CFPB Focus of Hearing The Oversight and Investigations Subcommittee held a hearing on Tuesday to examine how the structure of the Consumer Financial Protection Bureau (CFPB) violates the Constitution. “It is time we hold Director Cordray responsible and restructure the CFPB within t... More