I would just point out again, all this bill does is extend for 6 months the current policies of the NFIP. Not one single policy of the NFIP is changed in this bill. Mr. Speaker, I yield such time as he may consume to the gentleman from…
Jeb Hensarling
The Public Record
Jeb Hensarling is a former Republican member of the United States House of Representatives, representing Texas's 5th congressional district from 2003 to 2019. During his tenure, he served as the chairman of the House Financial Services Committee, where he played a significant role in shaping financial regulation and policy. Hensarling was known for his advocacy of free-market principles and his opposition to the Dodd-Frank Act, which was enacted in response to the 2008 financial crisis.
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July 22, 2024
Congress needs to do its job. You need to write legislation with more specificity.
— Jeb Hensarling
Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…
How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
Fannie Mae and Freddie Mac were more than mere bystanders in the 2008 financial crisis. They were in fact at the epicenter of that crisis.
Reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.
Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.
I am now very pleased to yield 2 minutes to the gentleman from Louisiana (Mr. Scalise), the majority whip.
Frankly, Congress hasn't spoken on issues like this since 1930. We have just been frozen out of the process on an issue that can impact the entire world.
I think when decisions like this are made they probably should be made with the Legislative Branch of the Government because the issues are too significant for one human being on the planet.
The Tax Cuts and Jobs Act have been a difficult process, but have been a godsend for my region
I am pleased to yield 3 minutes the gentleman from North Carolina (Mr. Pittenger), the vice chairman of the Terrorism and Illicit Finance Subcommittee and the author of the FIRRMA bill before us.
Those who make peaceful protest impossible make other forms of protest inevitable.
We have a President who is inculcating bigotry into policy. It is no accident that they are now talking about doing away with diversity visas, after the President has called certain countries in Africa S-hole countries. That is bigotry in…
Where was your sense of outrage when Charlottesville erupted and a person lost her life? Where was your sense of outrage when the President of the United States of America said there some very nice people among the Klan, white…
I continue to encourage you, Mr. Secretary, we need to have metrics of progress.
There is no better home affordability program than a growing economy with a good job.





