The Fed's refusal to cooperate in a congressional investigation threatens both its reputation and its credibility.
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.
If these are preliminary suggestions and not rules [by the FSB] why is it that the FSB found it necessary to grant exemptions, specifically to the Chinese?
I found the comments to be outrageous. I know that the ranking member has very good vision. I did not know she could look into the hearts of her colleagues.
I am saddened that we have to hold this hearing, that so much time has passed and so little has been done.
It is outrageous, and I think frankly that a consistent pattern has happened where the Minority of this committee wishes to turn a blind eye when we see discrimination that happens in government.
Although there are other Members in the queue, they will not be recognized today.
It is essential to restoring market discipline and achieving financial stability to shrink this Federal safety net.
I think if this committee has a markup, we will devise a bill that has majority support, perhaps taking into consideration the comments of the gentleman from Pennsylvania, that we have restrictions on not allowing Ex-Im Bank to operate in…
I am not aware of any bill that is supported by a majority of the House, much less a majority of this committee.
Unfortunately for the folks at Ex-Im, I have come to the conclusion that the Export-Import Bank is beyond broken, and that it is time for the Bank's charter to expire.
Yet few, if any, Democrats support a fairer, flatter tax system, much less reducing our corporate tax rate, the highest in the industrialized world.
If my Democrat friends are so concerned about trade, why are so many of them opposing trade promotion authority (TPA)?
Where was your concern for jobs when your party voted against the Keystone Pipeline and the 42,000 jobs the State Department says are connected to it?
Where was your concern for jobs when you voted for ObamaCare, which according to the Congressional Budget Office is going to lead to 2.5 million fewer jobs in our economy?
I certainly respect the arguments of those who support H.R. 597, and I look forward to continuing our debate.
I don't recall a hearing where I have ever been thanked so often by so many Members on the other side of the aisle.
It is not an exaggeration to say that every single week, we hear from another financial institution that is having trouble meeting the needs of their customers.
The sheer weight, volume, cost complexity, and uncertainty of Federal regulation is a burden that is killing them off.
It is not an exaggeration to say that they are literally withering on the vine.
As a general principle, I don't think that asset managers at insurance companies that just sell insurance as it is traditionally defined are systemically important.





