News List

  • WEEK IN REVIEW
    Mar 3, 2017 - Report: FSOC Acts Inconsistently and Arbitrarily The House Financial Services Committee released a staff report on Tuesday which revealed that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too ... More
  • ICYMI: House Republicans draw bead on Dodd-Frank 'too big to fail' plan
    Mar 1, 2017 - February 28, 2017 Pete Schroeder Reuters Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because they are deemed too big to fail. In a report released on Tuesday, Republican staff members of the Hous... More
  • ICYMI: House Financial Services Republicans slam FSOC in report
    Mar 1, 2017 - February 28, 2017 By: Zachary Warmbrodt House Financial Services Committee Republicans said in a report released today that the Financial Stability Oversight Council's process for designating firms as "systemically important" was "arbitrary and inconsistent." Chairman Jeb Hensarling published the fi... More
  • Treasury Documents Reveal FSOC Designations of ‘Too Big to Fail’ Firms are Arbitrary and Inconsistent
    Feb 28, 2017 - WASHINGTON – The House Financial Services Committee today released a staff report which reveals that the Financial Stability Oversight Council (FSOC) acts inconsistently and arbitrarily in exercising its power to designate certain non-bank companies as “too big to fail.” Based on documents requested... More
  • Hensarling Opening Statement at Budget Views and Estimates Markup
    Feb 28, 2017 - WASHINGTON - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee markup of the Committee’s views and estimates on the budget for fiscal year 2018: As we meet today to fulfill our obligation under House Rules to provide the B... More
  • Media Advisory: Committee Hearing Schedule for the Week of February 27
    Feb 24, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee will meet on Tuesday, Feb. 28 at 10 a.m. to adopt its views and estimates for the fiscal year 2018 budget. All committee activity will take place in Room 2128 of the Rayburn House Office Building. Additional in... More
  • WEEK IN REVIEW
    Feb 17, 2017 - Federal Reserve Chair Testifies Before the Committee “Economic growth has been quite disappointing,” Federal Reserve Chair Janet Yellen acknowledged to the Financial Services Committee on Wednesday during her Semi-Annual Monetary Policy Report to Congress, echoing points made by Chairman Jeb Hensarl... More
  • Subcommittee Assesses U.S.-EU Covered Agreement
    Feb 16, 2017 - Members of the Financial Services Housing and Insurance Subcommittee met on Thursday to discuss and hear expert testimony on the recently announced “covered agreement” reached between the United States and the European Union on insurance and reinsurance. “I believe this committee should seriously co... More
  • Hensarling: Failed Regulatory State, Obamacare, Dodd-Frank Are Fiscal Policy Headwinds
    Feb 15, 2017 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing to receive the Monetary Policy and State of the Economy report from Federal Reserve Chair Janet Yellen: After eight years of the largest monetary policy stimulus in... More
  • Spike in FHA Delinquencies Shows President Trump Right to Suspend Last-Minute Obama Move
    Feb 15, 2017 - House Financial Services Committee Chairman Jeb Hensarling (R-TX) said today’s announcement that Federal Housing Administration mortgage delinquencies jumped at the end of 2016 shows President Trump made the right decision to suspend and review the outgoing Obama Administration’s lowering of FHA mo... More