House Financial Services Committee Approves Oversight Plan

The House Financial Services Committee (the "Committee") voted unanimously to adopt Chair Hensarling's proposed oversight plan for the 114th Congress.

The plan involves particular areas in which the Committee and its subcommittees expect to conduct oversight during this Congressional term, and also addresses the laws, programs and agencies within the Committee's jurisdiction. Specifically, it addresses the oversight of issues related to financial institutions, capital markets, securities, government-sponsored enterprises, housing, insurance, international finance, the economy, domestic monetary policy and technology.

Additionally, the plan reinforces the push by Congress toward more oversight of the Financial Stability Oversight Council ("FSOC") and of the Dodd-Frank Act.

See: Committee Oversight Plan; Chair Hensarling's Statement; Committee Memorandum of the Meeting; Archived Webcast of the Meeting.