I think the government can work with the private sector in other areas, like helping to establish a model purchase and sale agreement...
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.
It is clearly time to displace the false hopes and broken dreams which have arisen from a system of misdirected government policies.
Clearly, all Americans want a healthier economy. They want a fair opportunity for all Americans to be able to buy a home that they can actually afford to keep.
Had the story been posted on April 1st, I might have thought it was an April Fool's joke. I ask the question, have we as a Nation learned nothing?
It is unacceptable that we have not reformed and made a business model available for housing finance.
We really cannot afford to continue keeping $11 trillion of mortgage credit on the back of the taxpayer.
Having over 90 percent of the housing market backed by the Federal Government is completely unsustainable.
I implore my colleagues in the Senate to support the next nominee selected by the President to head the FHFA.
I would like to explore that possibility. And although I am not an IT expert, in speaking to our staff we believe there may be opportunities with respect to data storage where the House could be of greater assistance.
The Financial Services Committee has jurisdiction over the entire U.S. financial system, including the banking system, our capital markets, housing, insurance, monetary policy and international finance.
I believe that Congress must always lead by example in matters of budgeting, particularly as we face historic and unprecedented levels of national debt.
In this Member's opinion, Mr. Chairman, we have gone too far in the monetary policy and the monetary easing, and it is, in this Member's opinion, time to pull back.
If the balance sheet is not unwound at the right time and at the right pace, we could be looking at another deep recession.
There is a growing consensus among economists that the Federal Reserve's road has led us to the monetary 'Outer Limits.'
Their health care premiums have gone up. They are insecure in their paychecks. They are not getting ahead.
We are clearly in the midst of the slowest and weakest recovery in the post-war era.
And I mean 'sustainable' in two different senses: number one, something that can help reduce the severity of the boom-bust cycle that has imposed such a cost on our economy and our hardworking families and taxpayers; and number two…
As chairman, I will tell you that it is going to be a priority of this committee to forge a sustainable housing finance system in America.
But Sandy has hit before many of these provisions could take effect. As chairman of the Financial Services Committee, I wish to inform all Members in this Congress our committee will take up legislation to transition to a private…
Depriving the insurance companies that invest on behalf of those pensioners, the returns available through investments in covered fund impairs the ability of those pensioners to maintain their retirement security.





