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Tag: House Financial Services Committee

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House Financial Services Committee Chair Demands Answers from Treasury on Uranium Deal, May Hold Hearings

House Financial Services Committee Chairman Jeb Hensarling (R-TX) has sent a letter to Secretary of Treasury Jack Lew asking for answers on the 2010 approval by the Committee on Foreign Investments in the United States (CFIUS) of a controversial deal in which the Russian government gained control of 20 percent of America’s uranium deposits.

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FDIC Chairman in Hot Seat Over Operation Choke Point

Tuesday’s subcommittee hearing on Operation Choke Point is likely to be just the beginning of even stronger efforts by members of Congress to call executive agencies to account for their ongoing abuses of power as part of Operation Choke Point. Whether Congress will choose to exercise its constitutional authority and fire out-of-control executive bureaucrats as a first step in reasserting its legitimate powers remains to be seen.