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Hensarling Statement on FHA Being Added to "High Risk" List by GAO
Feb 14, 2013
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WASHINGTON -- Financial Services Committee Chairman Jeb Hensarling released the following statement today after the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to ...
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Chairman Hensarling: "For us to have a healthy economy, we must put the nation on a sustainable fiscal path. And to have a sustainable fiscal path, we must also have a sustainable housing finance system. I have grave fears that FHA, as it is operating today, is an impediment to both."
Feb 13, 2013
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WASHINGTON - House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing titled “Bailout, Bust, or Much Ado About Nothing?: A Look at the Federal Housing Administration’s 2012 Actuarial Report.” “The American people d...
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Chairman Hensarling: "Open Question Whether FHA Has Now Morphed into Countrywide. Arguably, the FHA Has Now Become the Nation's Largest Subprime Lender"
Feb 6, 2013
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WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing on the proper role of the Federal Housing Administration (FHA) in the nation's mortgage insurance market. Today's hearing is the first in a series of hearings t...
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Chairman Hensarling Announces Series of Committee Hearings Focused on Looming Financial Crisis at FHA
Jan 30, 2013
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Chairman Jeb Hensarling announced today that the Financial Services Committee will hold a series of hearings throughout the year that focus on the financially troubled Federal Housing Administration, the FHA’s outsized role in the nation’s housing finance system, and the need to create a sustainable...
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Chairman Hensarling's Statement on Federal Reserve Announcement of Continued Stimulus
Jan 30, 2013
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Congressman Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, issued the following statement today regarding the Federal Reserve’s announcement of continued monetary stimulus. “Unfortunately, as evidenced by today’s announcement, the Federal Reserve continues to use expansiv...
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Chairman Hensarling: 'Our Committee Will Once Again Advance a Proposal to Bring Accountability and Oversight to the CFPB'
Jan 25, 2013
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Financial Services Committee Chairman Jeb Hensarling today released the following statement regarding the U.S. Court of Appeals for the D.C. Circuit's ruling on President Obama’s alleged “recess” appointments: "President Obama’s administration has too often demonstrated a disregard for legislative a...
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Chairman Hensarling Comments on SEC and CFPB Nominations
Jan 24, 2013
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Financial Services Committee Chairman Jeb Hensarling today issued the following statement on President Obama’s nominations for Chairman of the Securities and Exchange Commission (SEC) and for Director of the Consumer Financial Protection Bureau (CFPB): “I congratulate Mary Jo White on her nomination...
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Chairman Hensarling Announces Subcommittee Assignments
Jan 22, 2013
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Financial Services Committee Chairman Jeb Hensarling today announced subcommittee assignments for the panel’s Republican members. “Given the state of our struggling economy, the work of our committee and subcommittees has perhaps never been more important to hard-working taxpayers. The fact is that ...
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Chairman Hensarling Responds to CFPB’s New Mortgage Rules
Jan 10, 2013
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Financial Services Committee Chairman Jeb Hensarling made the following comments about the Ability to Repay and Qualified Mortgage rule released by the Consumer Financial Protection Bureau today: “The CFPB has been given a job that is both impossible and dangerous. Impossible because the CFPB is a b...
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Chairman Hensarling Comments on President’s Nomination of Jack Lew for Treasury Secretary
Jan 10, 2013
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Financial Services Committee Chairman Jeb Hensarling today released the following statement on President Obama’s nomination of Jack Lew to be Treasury Secretary: “I congratulate Mr. Lew on his nomination, but changing the nameplate on the door of the Treasury Secretary’s office won’t improve our eco...
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