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.
None loom larger than the monopoly powers that were granted to Fannie and Freddie, coupled with the so-called housing mission, that essentially mandated they loan money to people to buy homes that ultimately they could not afford to stay…
I fear that aspects of this legislation can cause people to engage in riskier behavior, believing that the government will perform their due diligence for them on the front end and then bail them out on the tail end.
We know there are a number of causes of our Nation's economic turmoil. Most have their genesis in flawed public policy.
I think potentially it has the ability to make our markets more competitive. I think it could provide consumers with more choices at reduced cost.
I'm not here today to have the debate about how worthy the IMF may be, but I am here today to raise the question of whether or not today is the time that the United States should be committing an extra $100 billion of taxpayer money to the…
At some point, I think we have to ask ourselves the question, is there any limit to the liability exposure we're willing to place on the American taxpayer?
We were told there would never be any taxpayer liability there. Well, we kind of know how that story turned out.
Many of us don't want to go down that road, and I am having a lot of trouble here seeing the upside to any strategy for the conversion.
Is it true that the -- in eight years, that the debt would be doubled under this budget?
Politicians like Jeb Hensarling
