On January 26, 2017, House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued a statement in which he criticized the Dodd-Frank Wall Street Reform and Consumer Protection Act for institutionalizing big bank bailouts. He noted that Republicans on the Financial Services Committee are eager to work with President Trump and the new administration to replace the Dodd-Frank Act with his draft legislation, The Financial CHOICE Act. Additionally, Chairman Hensarling announced subcommittee assignments for Republican members on the House Financial Services Committee.

The statement is available at: http://financialservices.house.gov/news/documentsingle.aspx?DocumentID=401421 ; and the subcommittee assignments are available at: http://financialservices.house.gov/news/email/show.aspx?ID=EUJ4FRX3MTYU6O7ZLV2DLRFZOQ .

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