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Incoming House Financial Services Committee Chairman Jeb Hensarling, R-Texas, has named his leadership team for the coming term.
December 20 -
The Consumer Financial Protection Bureau's focus on discrimination in the auto loan business will likely force the banks it targets to stop paying bonuses to car dealers that originate high-interest loans. Changing practices in the rest of the industry could prove tougher.
May 16 -
Members of the House Financial Services Committee raised concerns Wednesday about the current business environment for small banks, pressing regulators about the lack of bank charters in recent years and the effect of new rules on the industry.
March 20
The chairman of the House Financial Services subcommittee on monetary policy has decided not to seek re-election.
Rep. John Campbell, R.-Calif., will retire when his term ends next year, he announced Thursday. He has represented Orange County since 2005.
Campbell, 57, did not specify his post-retirement plans, only that he "will continue the fight for more freedom and a less authoritarian government as a private citizen rather than elected official."
Campbell was
In April,
Before joining Congress, Campbell spent nearly a quarter-century in the automotive industry, heading several Orange County car dealerships. His statement Thursday alludes to his automotive background: "Drive fast and live free," it concludes.
