Financial Services Committee

CFPB Director Failed to Heed Attorney Advice on Auto Lending Rule, Likely Violated Federal Law January 18, 2017 - Consumer Financial Protection Bureau (CFPB) Director Richard Cordray may have violated federal law that governs agency rulemaking procedures, according to an investigative report released today by Republican members of the House Financial Services Committee. The report, based on internal CFPB docume...More

Flood Insurance Program Takes Another $1.6 Billion From Taxpayers January 17, 2017 - WASHINGTON -- House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today regarding news that the National Flood Insurance Program (NFIP) will borrow another $1.6 billion from hardworking American taxpayers: “The National Flood Insurance Program is poorly d...More

Hensarling: SEC Chair’s Criticism of Accountability Measures “Disappointing” January 17, 2017 - p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px 'Times New Roman'; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement today in response to Securities and Exchange Commission Chair Mary Jo Wh...More

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