Items Tagged with 'House Financial Services Committees'


  • House Democrats submit amendments for HUD budget

    6 pass committee markup, but 14 struck down
    House Democrats are fighting against the proposed budget set forth in finance committee with 14 proposed amendments to various areas of housing and other funding. Of the Democrats' 14 proposed markups to the bill, six of the amendments were adopted by the committee.
    Read More
  • Treasury Sec. Mnuchin wants answers on Equifax investigation

    Treasury secretary says he will talk to Mulvaney
    In between questions about Russian sanctions and the stock market, U.S. Treasury Secretary Steven Mnuchin told the House Financial Services Committee on Tuesday he is interested in how the Consumer Financial Protection Bureau and its acting director, Mick Mulvaney, is handling the investigation into the data breach at credit agency Equifax.
    Read More
  • Top Hensarling aide named CFPB chief of staff

    Kirsten Sutton Mork served as House Financial Services Committee staff director
    Earlier this year, the House Financial Services Committee announced that its staff director, Kirsten Sutton Mork, would be leaving the committee staff “in the coming weeks” to become the chief of staff at the Consumer Financial Protection Bureau. Now, it’s official.
    Read More
  • Trump picks Hensarling aide to help Mulvaney lead CFPB

    Taps Brian Johnson to serve as senior advisor to acting director
    While Democrats vow that they’re not ready to hand the leadership of the Consumer Financial Protection Bureau over to Mick Mulvaney without a fight, the Trump administration is moving forward with helping Mulvaney staff up in his new position.
    Read More
  • Hensarling: Health of FHA is “clear and present danger” to economy

    House Financial Services Committee chairman calls for FHA reform
    Never one to shy away from a strong opinion or colorful verbiage, House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, said Wednesday that the financial health of the Federal Housing Administration poses a “clear and present danger to taxpayers, homebuyers and the U.S. economy.”
    Read More
  • House Financial Services Committee Chairman Jeb Hensarling not running for re-election

    Prominent Texas Republican announces retirement from Congress
    House Financial Services Committee Chairman Jeb Hensarling, R-Texas, will not run for re-election in 2018, the prominent Republican told his supporters on Tuesday. Hensarling may be on his way out of Congress, but he said Tuesday that he won’t stop working to further his agenda for the remainder of his term – including housing finance reform.
    Read More
  • Internal memo on CFPB's investigation into Wells Fargo fake accounts made public

    House Financial Services Committee Republicans say CFPB rushed to settle case
    Wells Fargo isn’t the only one getting investigated after the mega bank’s massive fake account scandal was uncovered. Republican politicians are pointing a finger back at the embattled government agency that levied the $100 million fine against Wells Fargo, saying the CFPB rushed to settle the case against Wells Fargo without investigation.
    Read More
  • CFPB, House Financial Services Committee begin investigating Equifax data breach

    Congressional hearings are coming
    The fallout from Equifax’s massive data breach that exposed the personal information of 143 million U.S. consumers is just beginning. In the wake of the company’s announcement, the Consumer Financial Protection Bureau, the House Financial Services Committee, and the office of New York Attorney General Eric Schneiderman stated that each is launching an investigation into the breach.
    Read More
  • Hensarling wants CFPB’s Cordray investigated for potential election law violations

    Top House Republican accuses Cordray of violating Hatch Act
    Rumor has it that Consumer Financial Protection Bureau Director Richard Cordray plans to leave his position and run for Ohio governor at some point soon, but according to one of the top Republicans on Capitol Hill, Cordray is already making moves to prepare for his run in Ohio – some of which include violating federal election law by mixing his current job with the job he supposedly wants next.
    Read More