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WASHINGTON, D.C. – On Wednesday afternoon, the House Financial Services Committee passed Congressman Roger Williams' (R-Texas) bill, the State Licensing Efficiency Act of 2015 (H.R.2643), by a vote of 57- 0.
H.R.2643, which would give states more control to conduct required background checks on state-regulated non-bank financial services industries, now heads to the floor of the U.S. House of Representatives where it will be voted on by the entire chamber after lawmakers return to Washington in September.
Texans are firing back at a federal plan to prevent some Social Security beneficiaries from buying guns if they don't or can't manage their own financial affairs.
Some say the proposal — which would have the Social Security Administration comply with procedures already in place to prevent gun sales to drug addicts, felons and more — is the latest move by President Barack Obama's administration to restrict firearm use.
While the Defense Department on Wednesday came out against arming "all" service members at U.S. military installations, the debate is still heating up in Central Texas, with federal lawmakers getting involved.
"We do not support arming all military personnel for a variety of reasons," Navy Capt. Jeff Davis, a Pentagon spokesman, told reporters at the Pentagon. "(There are) safety concerns, the prohibitive cost for use-of-force and weapons training, qualification costs as well as compliance with multiple weapons-training laws."
WASHINGTON — NCUA Chairman Debbie Matz may have some explaining to do at her next listening session with credit union executives.
Testifying Thursday before the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit, Matz told lawmakers that credit unions that have raised questions about the size of the NCUA's budget are not representing the best interests of their members.
Five years ago, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law as one of the largest financial overhauls in our nation's history. The American people were told the law was necessary to ensure stability in the financial sector and prevent future meltdowns. But instead of responsibly studying the root causes of the crisis, Democrats in Washington rushed to regulate and threw a blanket over our entire financial system.
Five years ago, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law as one of the largest financial overhauls in our nation's history. The American people were told the law was necessary to ensure stability in the financial sector and prevent future meltdowns. But instead of responsibly studying the root causes of the crisis, Democrats in Washington rushed to regulate and threw a blanket over our entire financial system.
The CFPB was born out of the Dodd-Frank Act with the purpose of protecting the average American from the big bad wolf – the wolf of Wall Street, that is – and the banks that have been blamed for causing the Great Recession.
The reality, however, according to groups that solely support credit unions, is that the CFPB is hurting the small institutions that have nothing to do with causing 2008's economic crash.
WASHINGTON, D.C. – Congressman Roger Williams (R-Texas), a small business owner and member of the Financial Services Committee, has introduced a bill that would require the Consumer Financial Protection Bureau (CFPB) to explain to community banks and credit unions why they are not exempted from certain CFPB rules and regulations as permitted in the Dodd–Frank Wall Street Reform and Consumer Protection Act.
WASHINGTON, D.C. – Congressman Roger Williams (R-Texas), today issued the following statement after a recently released video featured Planned-Parenthood's senior director of medical services admitting that the organization alters abortion procedures to harvest and transfer specific organs of aborted fetuses: