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 …
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 …
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 …
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 …
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 …
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 …
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 …
House Financial Services Committee Chairman Jeb Hensarling is facing a long-shot challenge to his chairmanship from an Oklahoma Republican. Representative Frank Lucas announced he is considering opposing Hensarling for the panel’s gavel. Hensarling, a Texas Republican, under his party’s rules …
A Republican House committee chairman scolded Boeing Co. and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for “special privilege.” Rep. Jeb Hensarling wrote a scathing letter …
The House Financial Services Committee today voted to report out a bill to extend the federal terrorism insurance program for another five years. The bill also contains some reforms of the Terrorism Risk Insurance Act (TRIA) and an insurance producer …
