Items Tagged with 'Jeb Hensarling'

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Hensarling compares CFPB to a tyranny

House Financial Services Committee Chairman continues assault on CFPB
It’s probably safe to say that House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is no fan of the Consumer Financial Protection Bureau. And as Hensarling told the Dallas Morning News in a recent interview, there are plenty of good reasons to change the CFPB.
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Say goodbye to the controversial CFPB consumer complaint database?

Leaked memo: CHOICE Act 2.0 may shut it down
The Consumer Financial Protection Bureau’s controversial consumer complaint database might not have much life left. Last week, a memo reportedly from the House Financial Services Committee Chairman revealed plans for an even more aggressive version of the Republican-crafted Financial CHOICE Act, and one item included in the plans is the elimination of the consumer complaint database.
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Hensarling plan for drastic overhaul of CFPB and Dodd-Frank revealed?

More aggressive version of CHOICE act
A new memo about future plans reportedly from House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, reveals an even more aggressive version of the Financial CHOICE Act, the Republican-led effort to repeal and replace Dodd-Frank. The memo, obtained by CNBC’s Ylan Mui, shows the Consumer Financial Protection Bureau is slated to face some of the most drastic changes. Is this finally the end for CFPB Director Richard Cordray?
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[Video] Hensarling to President Trump: Fire CFPB Director Cordray ASAP

The move would be a step in the right direction
Calls to fire Consumer Financial Protection Bureau Director Richard Cordray strengthened after President Donald Trump signed an executive order last Friday to roll back the Dodd-Frank Wall Street Reform Act. To the House Financial Services Committee Chairman, firing Cordray would be a huge step in the right direction.
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Lawyers say Trump executive order does not overhaul Dodd-Frank

More like a call for analysis and review
President Donald Trump’s executive order to begin the rollback of the Dodd-Frank Wall Street Reform Act doesn’t do much by itself, lawyers say. Rather than an outright demolition of existing financial regulations, the order mostly points to an ongoing legislative effort championed by the House Financial Services Committee chairman to replace Dodd-Frank with a Republican alternative.
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Pence, Hensarling: Dismantling Dodd-Frank remains a high priority

Top Republicans keep crosshairs trained on financial reforms
It’s been a busy first week in office for President Donald Trump, with executive orders on immigration, energy, trade, health care and more being handed down daily. But executive orders are just the preamble to the big initiatives that Trump and the Republican majority in Congress are expected to push for shortly. Chief among those is the “dismantling” of the Dodd-Frank Wall Street Reform Act.
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Will Trump, Republicans overturn latest FHA mortgage insurance cut?

Hensarling: Obama's "parting gift" puts FHA at risk of bailout
While many in the housing industry appear pleased by the Department of Housing and Urban Development’s decision to cut Federal Housing Administration mortgage insurance premiums later this month, the real question is whether the cuts, announced by a Democratic administration in its last days, will survive under the new Republican administration.
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Hensarling, Waters chosen to lead House Financial Services Committee again

Representatives from Texas and California to serve as committee leadership
The halls and chambers of Congress are certainly going to look different when the 115th Congress begins its term in January. The leadership of the House Financial Services Committee, on the other hand, will look just the same as it has in the last two Congressional terms, as Rep. Jeb Hensarling, R-Texas, and Rep. Maxine Waters, D-Calif., will again serve as the committee’s leaders.
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Jeb Hensarling: “Dodd-Frank was a grave mistake”

Housing reform top priority
Attendees at the Housing America’s Families Forum in Dallas at the George W. Bush Presidential Library gathered for a light lunch on Friday to listen to one of the most eagerly anticipated speakers of the day, House Financial Services Committee Chairman Rep. Jeb Hensarling. While he is currently rumored to be the next Secretary of the Treasury, he chose to focus his speech on the death of Dodd-Frank.
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