Congressman Jeb Hensarling will continue his leadership as Chairman of the influential House Financial Services Committee during the forthcoming 115th Congress in 2017.
Hensarling has been a vocal advocate of regulatory rationalization regarding the financial services sector. Hensarling has attempted to address the current environment of regulatory over-reach created by short-sighted legislation, such as Dodd-Frank, that has crippled the financial sector while driving costs higher for both consumers and small business.
Hensarling commented on the announcement;
“I am humbled by the support and trust of my colleagues to continue my service as chairman of the Financial Services Committee. In the coming Congress, we will continue our important work of helping to grow the economy for all Americans, not just those at the top. We will focus on ending taxpayer-funded bailouts and too big to fail. We will work to hold both Wall Street and Washington accountable, because consumers must be vigorously protected from fraud as well as the loss of their economic liberty. As chairman, I look forward to working with the incoming Trump Administration to advance bold and ambitious solutions that will help make America better, stronger and more prosperous.”