In The News
WASHINGTON — Rep. Jeb Hensarling wants President Donald Trump to direct his signature catchphrase at Richard Cordray, the director of the Consumer Financial Protection Bureau: “You’re fired.”
Texas Rep. Jeb Hensarling, who chairs the powerful House Financial Services Committee, is pushing his broad-brush redo of the 2010 Dodd-Frank law to Wall Street and his congressional colleagues.
Conservative lawmakers banded together Tuesday to send a message to their Republican colleagues: Don’t bring back earmarks.
Over the past decade, congressional legislation enacted into law by both parties have been regulatory job killers that are death knells to economic growth and prosperity. From Sarbanes-Oxley to Dodd-Frank, Congress’ costly red tape has affected everyone from credit card holders to Main street small businesses.
Rep. Jeb Hensarling, Texas Republican and chairman of the House Financial Services Committee, is an economic disciple of the Founding Fathers.
Adam Smith was their gospel. And Smith advised, based on all human experience, that:
"All legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives."
– Article I, Section 1, U.S. Constitution
The federal government is broken. And while there is plenty of blame to go around, only Congress can fix it.
Republicans say Consumer Financial Protection Bureau targeted Ally on likelihood of settlement to gain restructuring approval
The feds knew their data showing racial bias was false but sued anyway.
Congressman David Scott recently lambasted the Consumer Financial Protection Bureau for its “deceitful” auto-loan regulation based on “shamefully flawed” information. Now it looks like the Georgia Democrat was being kind.
WASHINGTON — The Consumer Financial Protection Bureau took "misguided and deceptive" actions in extracting settlements from indirect auto lenders for possible discrimination against minorities, House Republicans said in a report issued Tuesday.
Throughout the anemic Obama “recovery,” one of the bright spots in the economy has been the oil and gas sector. At a time when many Americans were struggling with unemployment or underemployment, this industry has provided good-paying jobs. In Texas, the oil and gas industry is responsible for nearly 2 million jobs and more than 20 percent of the state economy.