Rep. Jeb Hensarling News

House Committee Expected to Advance Overhaul of Dodd-Frank

A U.S. Congressional banking panel is moving to advance legislation that would overhaul how the government regulates the financial sector, although it faces obstacles towards becoming law. Representative Jeb Hensarling, who chairs the House Financial Services Committee, is considering amendments …

House Republicans’ Report Hits ‘Too Big to Fail’ Designation Process

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 House of …

Appeals Court to Rehear Constitutionality of Consumer Protection Bureau Structure

A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau’s structure is unconstitutional, virtually guaranteeing the battle over an agency borne of the financial crisis will reach the Supreme Court. A …

Insurers Praise House Approval of Systemic Risk Reform Bill

The House of Representatives took a step toward changing the Dodd-Frank financial regulation law by passing a measure that requires that a systemic risk designation be based on more than a financial institution’s size. The House vote was heralded by …

Rep. Hensarling’s Plan Could Be Blueprint for Trump Revamping of Dodd-Frank

When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that his party’s nominee, Donald Trump, could …

Republican Plan Would Scrap Much of Dodd-Frank Financial Regulation

The chair of the U.S. House Financial Services Committee has proposed getting rid of much of the regulation put in place after the financial crisis, unveiling a plan on Tuesday that ignited fierce debate in the presidential election but is …

House May Attempt to Revive Export-Import Bank

U.S. lawmakers will begin voting on Monday on legislation to revive the shuttered Export-Import Bank, a spokeswoman for a leading Republican backer of the bank said on Friday. A so-called “discharge petition,” a procedural maneuver that has been successful only …

Systemic Risk Panel to Show Lawmakers Why Some Insurers Are Too Big to Fail

U.S. regulators will disclose to lawmakers more than 1,400 pages of documents explaining why companies such as American International Group Inc. and MetLife Inc. are subject to tougher oversight. The Financial Stability Oversight Council is providing the papers after Republicans …

Chairman Hensarling Promises TRIA Vote in House This Week

House Financial Services Committee Chairman Jeb Hensarling (R-Tex.) vowed Monday that the House will vote this week on a bipartisan bill to renew the Terrorism Risk Insurance Act (TRIA) as it did last month before the bill died in the …

Republicans Restart Battle Over Export-Import Bank

Republican critics of the U.S. Export-Import Bank moved on Friday to force the export lender to reveal full details of board discussions about potential deals, restarting a battle over the bank’s long-term future. Darrell Issa, chairman of the House of …