WASHINGTON, DC — Comments of Congressman Jeb Hensarling at House Financial Services Committee meeting with Federal Reserve Chairman Ben Bernanke:
WASHINGTON, DC — Congressman Jeb Hensarling (TX-05) issued the following statement in response to reports that the Administration’s pay czar would review compensation practices at bailed out firms:
WASHINGTON, DC — Congressman Jeb Hensarling (TX-05) issued the following statement in response to the Special Inspector General for the Troubled Asset Relieve Program’s (SIGTARP) report on the Home Affordable Modification Program:
WASHINGTON, DC — Throughout this credit crisis, President Obama has repeatedly faulted Wall Street banks for using their size, wealth, and political influence to circumvent their regulators and enrich their executives, leaving taxpayers holding the bag.
The president has proposed legislative remedies to deal with the banks he considers “too big to fail,” including assigning them new regulations and regulators, restricting their business activities, and even breaking them up.
WASHINGTON, DC — "Mr. Speaker, the vote we take tonight may ultimately change the role of government in a society whose most cherished birthright is freedom. There are so many reasons to oppose this legislation. Taxpayer-funded abortions, the sleazy back room deals that gave us the Cornhusker Kickback, the Louisiana Purchase, the pharmaceutical payoffs. An increase in taxes in an economy where millions have lost their jobs and can still find no gainful employment.
WASHINGTON, DC — “I listened carefully to the gentleman from New Jersey and I'm glad he is concerned about the nation going bankrupt which makes me question why would you want to enact a policy that simply stamps on the accelerator towards bankruptcy. I know that earlier today many people on your side of the aisle were waving around a Congressional Budget Office letter talking about we're going to save money. We are somehow going to reduce the deficit through these policies.
WASHINGTON, DC — From The Wall Street Journal, March 16, 2010: "We're not sure American schools teach civics any more, but once upon a time they taught that under the U.S. Constitution a bill had to pass both the House and Senate to become law. Until this week, that is, when Speaker Nancy Pelosi is moving to merely "deem" that the House has passed the Senate health-care bill and then send it to President Obama to sign anyway.
WASHINGTON, DC — Congressman Jeb Hensarling, the top Republican on the House Financial Services Subcommittee on Financial Institutions and Consumer Credit and formerly the lone Member of Congress on the Congressional Oversight Panel (COP) for the Troubled Asset Relief Program (TARP) issued the following statement about Senator Dodd’s financial reform proposal.
WASHINGTON, DC — Congressman Jeb Hensarling, the Vice Ranking Member of the House Budget Committee issued the following statement upon his appointment to the National Commission on Fiscal Responsibility and Reform.
WASHINGTON, DC — Fiscal storm clouds are upon us. In five years, federal spending has skyrocketed to 24.7% from 19.9% of our economy. That's the highest level since World War II. Borrowing has ballooned the national debt to $11.9 trillion from $7.3 trillion, a five-year increase equal to the accumulation of debt between President George Washington and President Bill Clinton.