News List

  • Hensarling Introduces Financial CHOICE Act
    Apr 26, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today formally introduced the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act which has contributed to the slowest economic recovery since World War II. The Financial CHOICE Act, H.R. 10, will end taxpayer-fund... More
  • Hensarling: America has struggled for too long
    Apr 26, 2017 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following statement at today’s meeting to examine the Financial CHOICE Act, the Republican alternative to the failed Dodd-Frank Act: It has been almost seven years since the passage of the Dodd-Frank Act. We... More
  • Wagner: Americans deserve the Financial CHOICE Act
    Apr 26, 2017 - Under the Obama Administration we saw the rise of imperial Washington, D.C., with the crushing weight of regulations from healthcare to energy to financial services harming small businesses and families from the coasts to the heartland. I hear it from my constituents each and every time I am in the... More
  • A New Approach to Financial Regulation
    Apr 25, 2017 - The United States has a rich history of bank crises. In fact, we’re number two in the world, with 13 all-time, just behind France with 15, and just ahead of the United Kingdom, with 12. Our first major banking regulation law, the National Currency Act, was passed in 1863 as a response to a bank fai... More
  • Williams: CHOICE Act will punish bad actors
    Apr 25, 2017 - Economists at a prominent think tank based in Washington, D.C. last week reported that a full repeal of the Dodd-Frank Wall Street Reform and Consumer Protection Act would boost the economy by one percent and generate $340 billion in federal revenue over a 10 year period. Dodd-Frank, as it is calle... More
  • Financial CHOICE Act Will Result in Economic Growth, End Bailouts
    Apr 25, 2017 - Several witnesses scheduled to appear before the House Financial Services Committee on Wednesday to discuss the Financial CHOICE Act are praising the proposal’s focus on economic growth, accountability and ending bank bailouts. CHOICE – which stands for Creating Hope and Opportunity for Investors, C... More
  • A Better Idea for Bankrupt Big Banks
    Apr 25, 2017 - By Stephen E. Hessler The most significant Wall Street reform in nearly a decade may soon become law. Last Friday President Trump directed Treasury Secretary Steven Mnuchin to review Title II of the 2010 Dodd-Frank Act, which gives the federal government authority to wind down involuntarily failing ... More
  • The Financial CHOICE Act is needed to create jobs and opportunities for Americans
    Apr 25, 2017 - The months following the 2008 financial crisis were devastating for many Americans. Hardworking men and women lost their jobs, their savings, their pensions, and their homes. But instead of taking steps to strengthen consumer protections and bring stability to the financial system, Congress and the... More
  • Bring on the CHOICE Act -- a common sense alternative to Dodd-Frank
    Apr 25, 2017 - Eight years ago, the nation experienced the worst financial crisis in 80 years, which cost millions of Americans their savings, their homes, and their jobs. The response – one that was well-intended, but overly broad -- expanded the federal government’s footprint in our lives and inadvertently left... More
  • Huizenga: Dodd-Frank has failed Michigan residents
    Apr 23, 2017 - The economic downturn in 2008 cost Michiganians their jobs, families their savings, and some even their homes. In response to this seismic event, Democrats in Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. According to its supporte... More