Items Tagged with 'Financial Services Committee'


  • Experts weigh in on housing reform at House hearing

    Express support for the Bipartisan Housing Finance Reform Act of 2018
    Friday, the House Financial Services Committee held a hearing titled A Legislative Proposal to Provide for a Sustainable Housing System: The Bipartisan Housing Finance Reform Act of 2018. During this hearing, a group of experts from the housing industry gave positive feedback on the bill, mostly…
    Read More
  • Rep. Waters reintroduces bill to fully fund public housing

    Serves to protect public housing as a "critical public asset"
    House Democrats on the Financial Services Committee reintroduced legislation last week to preserve and fund the nation’s public housing stock. One key part of the bill includes requiring a one-for-one replacement in cases where public housing units are demolished or sold. However, the bill will struggle to get off the ground if it doesn’t muster up any bipartisan support.
    Read More
  • Democrats react to Republican claims Cordray slowed Wells Fargo investigation

    5 points prove otherwise
    Democrat representatives responded to a Republican staff report that came out on Tuesday that asked the government to hold Consumer Financial Protection Bureau Director Richard Cordray accountable for causing a slow down in the massive Wells Fargo fake account scandal. Here’s a list of five statements pulled out from the staff report, along with a response from Democrats for each.
    Read More
  • Speaker of the House: 5 reasons to support the Financial CHOICE Act

    Act set to go before full House for debate Wednesday
    With the Financial CHOICE Act set to go for a vote before the full House of Representatives later this week, Speaker of the House of Representatives, Paul Ryan, R-Wis., chimed in on the discussion to explain why the act is so important. So far, the act only garnered partisan support, failing to gain a single Democrat vote in the Financial Services Committee.
    Read More
  • House set to vote on law to "dismantle" Dodd-Frank

    Don't say goodbye to the CFPB just yet...
    The Republican-led Financial CHOICE Act, which is the leading alternative to the Dodd-Frank Wall Street Reform and Consumer Protection Act, is officially set to go before the full House next week. But does it have a chance to pass the Senate? Here's where the legislation stands right now.
    Read More
  • Financial CHOICE Act narrowly passes committee, next stop full House

    Passed 34-26
    After three days, the Financial Services Committee passed the Financial CHOICE Act, H.R. 10. The act faced a lot of opposition from committee Democrats, including a forced three-hour delay during the mark-up session. But despite all the political theater, the CHOICE passed out of the committee and is headed to the full House of Representatives.
    Read More
  • Democrats force delay in Financial CHOICE Act mark-up

    Committee continues mark-up Wednesday
    Financial Services Committee Democrats continue to retaliate against the Republican-led Financial CHOICE Act, the leading act to replace Dodd-Frank. In their latest move to block the act, Democrats stalled the mark-up on Tuesday for more than three hours in a little-used parliamentary maneuver.
    Read More
  • Republicans shift into overdrive to pass Dodd-Frank replacement

    Foot on the gas for Financial CHOICE Act
    The House Committee on Financial Services is set to mark up the Republican-led Financial CHOICE Act, the leading replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act, on Tuesday. And moving quickly to the scheduled markup, committee Republicans aren't wasting any time. So what is their latest move to get their point across to constituents? A 90-second promotional video.
    Read More
  • Step one: Republicans begin fight for Dodd-Frank replacement

    Financial CHOICE Act of 2017
    The Republican-led Financial CHOICE Act started its long journey through Congress to try and replace the Dodd-Frank Wall Street Reform and Consumer Protection Act on Wednesday. House Financial Services Committee Chairman Jeb Hensarling, R-TX, formally introduced the Financial CHOICE Act and the Committee held its first hearing on the bill. Ready. Set. Go.
    Read More
  • Mr. Castro went to Washington…and it was pointless

    Republicans batter HUD secretary with bluster but offer no solutions
    Maybe it was naïve of me, but I truly thought that a hearing titled, “The Future of Housing in America: Oversight of the Federal Housing Administration,” hosted by the House of Representatives Committee on Financial Services and featuring HUD Secretary Julián Castro would actually, you know, accomplish something…anything. But I was so incredibly wrong.
    Read More