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Home | Tag Archives: House Financial Services Committee

Tag Archives: House Financial Services Committee

Key Takeaways From CFPB Whistleblower Hearing in House Subcommittee

investigation-five

*+-Witnesses who testified at the hearing were Robert Cauldwell, President of the National Treasury Employees Union Chapter 335 and CFPB Examiner, and Florine Williams, Senior Equal Employment Specialist of the CFPB's Office of Civil Rights. Cauldwell went as far as to say the word "allegations" should be removed from the title of the hearing, because "discrimination and retaliation against CFPB employees is a fact."

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House Subcommittee to Examine New Allegations of Discrimination and Retaliation at CFPB

Senate

*+-The Oversight and Investigations Subcommittee of the House Financial Services Committee will hold a hearing this week as part of a continued investigation of allegations that the Consumer Financial Protection Bureau (CFPB) discriminated against employees and subsequently retaliated against the whistleblowers, according to an announcement on the House Financial Services Committee website.

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Five Takeaways from Treasury Secretary Jack Lew’s Testimony Before Congress

microphone

*+-During his testimony this week before the full House Financial Services Committee, U.S. Department of Treasury Secretary Jack Lew stated when asked about GSEs and the conservatorship that the system should be restructured, but the time was not right for the conservatorship to end. Lew was testifying before the House Financial Services Committee on the 2015 Annual Report of the Financial Stability Oversight Council (FSOC).

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HUD Secretary Castro Touts Success of Department’s Programs at Congressional Hearing

mic-open

*+-During his five-minute allotted period for questioning, Hensarling asked the Secretary for statistical evidence that HUD was achieving its original goal of eliminating poverty. Castro responded with the 33 percent drop in veteran homelessness and HUD's Jobs Plus Initiative, where he said individuals who go through program tend to earn 14 percent more than individuals who do not.

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House Committee Issues Subpoenas to DOJ, Treasury, New York Fed

courtroom-justicescales

*+-The Committee is accusing the U.S. Department of Justice, the Treasury Department, and the Federal Reserve Bank of New York of obstructing active investigations by withholding crucial information. According to the Committee's announcement, the three agencies were warned that their failure to comply with the Committee's request to turn over the information would result in the issuance of subpoenas.

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