News List

  • Bankruptcy, Not Bailouts
    Apr 12, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement after the House of Representatives passed H.R. 2947, a bill to create a new bankruptcy chapter for failing banks: Instead of ending “too big to fail” and taxpayer-funded Wall Street bailouts, the Dod... More
  • Media Advisory: House to Consider Common Sense Bills Next Week
    Apr 9, 2016 - WASHINGTON- Next week the House of Representatives will consider two Financial Services Committee bills to bring needed accountability to Washington bureaucracies and to help small banks serve their customers and communities. H.R. 3340, Financial Stability Oversight Council Reform Act Sponsor: Rep. ... More
  • Media Advisory: Committee Hearing Schedule for the Week of April 11th
    Apr 8, 2016 - WASHINGTON- Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of April 11: Wednesday, April 13 at 10:00 A.M. – A full committee markup to consider cost-saving measures as part of the House Republican FY 2017 budget. Thursday, April 14 a... More
  • 9 Seinfeld GIFs Help Explain the "Fiduciary" Rule
    Apr 7, 2016 - 1. The Administration just published a rule to “protect consumers” which sounds great at first… 2. But then we realized that it’s 1,000 pages long. 1-0-0-0 pages… 3. And it doesn’t actually protect consumers at all. 4. The truth is this rule limits consumers’ choices and will make financial advice ... More
  • Hensarling: ‘Obamacare for Your IRA and 401(k)’ Will Hurt Low and Middle Income Families
    Apr 6, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement after the Department of Labor issued the final version of its controversial “fiduciary” regulation that will harm millions of lower and middle income Americans by raising the costs of financial plan... More
  • 6 Photos from the Month of March
    Apr 1, 2016 - The Debt Clock // Treasury Secretary Jack Lew testifies as the national debt continues to climb. The Hoosier // Rep. Luke Messer (R-IN) prepares to question a witness during a March hearing. The Gipper // Chairman Jeb Hensarling waits near a portrait of a young Ronald Reagan as he prepares to addre... More
  • Iran Should Not Be Given Access to US Financial System
    Apr 1, 2016 - WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding reports the Obama Administration is working to provide terrorist-sponsoring Iran with access to the U.S. financial system or give Iran access to U.S. dollars outside the U.S. financial ... More
  • We are BIG fans of Dodd-Frank.
    Apr 1, 2016 - April Fools. We are not fans of Dodd-Frank and we’re doing something about it. Under Dodd-Frank (a.k.a. Washington’s Financial Control Law), Wall Street’s “too big to fail” banks have gotten even bigger, while community banks that had nothing to do with the financial crisis are being crushed under ... More
  • Hensarling Statement on Court Striking Down ‘Too Big to Fail’ Designation for MetLife
    Mar 30, 2016 - WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about today’s court ruling that struck down Washington’s attempt to designate MetLife as a “systemically important financial institution” (SIFI): “Although I obviously wasn’t in the courtroo... More
  • WEEK IN REVIEW
    Mar 24, 2016 - Treasury’s Failure to Comply Results in Subpoenas The Treasury Department’s refusal to comply with a subpoena and respond to numerous other requests for information led the Financial Services Committee to subpoena four Treasury officials this week. During a hearing on Tuesday, committee Republicans ... More