Mr. Speaker, on July 4th, we celebrated our political independence from Great Britain. My constituents want to know when are we going to celebrate our financial independence from China, which funds much of our national debt. My…
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.
Mr. Speaker, since President Obama was elected, 2\1/ 2\ million more of our fellow citizens have lost their jobs. Unemployment has now been above 8 percent for 28 straight months, the longest stretch since the Great Depression, and if you…
Mr. Speaker, we found out last week that new business creation is at a 17-year low, and Americans are asking, Mr. President, where are the jobs? Unemployment has now languished at the highest level since the Great Depression, and Americans…
Madam Speaker, I rise to proudly support H.R. 3 for three simple reasons: Number one, this bill just simply helps codify what has de facto been our policy for 35 years through the Hyde amendment, and that is a policy that no way, shape or…
Mr. Chairman, earlier this week, USA Today reported that we have the fewest participants in our workforce than at any time in 30 years. And my Democratic colleagues announced their plan to increase taxes $1.5 trillion on our economy, much…
Mr. Chairman, the Congressional Budget Office has announced that Social Security will go broke in 2037. And my Democratic colleagues have announced this is not a problem. We're ready to implement the 22 percent benefit cut that's already…
It was literally the only opportunity that we have had to offer an alternative to respond to the complete absence by our Democratic counterparts to address the issues at all in the now sacrosanct Dodd-Frank Act.
Today, we begin the process of considering specific legislation that will take immediate steps to protect taxpayers from the ongoing multi-billion dollar bailout of Fannie Mae and Freddie Mac.
About 6 months ago, I believe it was before the full committee in September, you seemed to question--call into question the government's ability to accurately price these guarantees.
These plans are based on a fundamental error that the government can act like an insurance company and set a correct price for the risk it is taking.
if we don't have a reform plan, the conservatorship that Fannie and Freddie are presently in could not continue in perpetuity.





