Jeb Hensarling
Showing 1–2 of 2 transcripts.
- Milken Institute28 min
A Conversation With U.S. House Financial Services Committee Chairman Jeb Hensarling
Jeb Hensarling, Eric Kaplan, David Faber
House Financial Services Chairman Jeb Hensarling criticized the enduring conservatorship of Fannie Mae and Freddie Mac, arguing that the current system concentrates $8 trillion in risk on taxpayers while stifling market discipline. To address these failures, he outlined the "DeMarco-Bright Plan," a legislative framework designed to shift mortgage guarantees to private entities, mandate minimum 5% down payments, and restructure the capital stack to protect public funds. Although Hensarling doubts passage in the current Congress, he urges Democrats to engage in reform negotiations to prevent a potential Trump administration from unilaterally dismantling the existing housing finance model.
- Milken Institute57 min
Financial Regulation: New Era, New Regulators
Ben White, J. Christopher Giancarlo, Jeb Hensarling, Joo-Yung Lee, Craig Phillips, Michael Piwowar
The Trump administration and key congressional leaders are advancing a regulatory strategy centered on tailoring rules to bank size and reducing compliance burdens to stimulate GDP growth, with the Senate Banking Bill S.2155 serving as a legislative starting point despite limitations on large institutions. Agencies including the SEC and CFTC are recalibrating specific mandates regarding capital formation, derivatives, and digital assets to enhance market efficiency while addressing unintended consequences of the original Dodd-Frank implementation. Industry experts like Fitch Ratings caution that while targeted relief is necessary, maintaining core stability measures such as stress testing remains critical to prevent systemic risks as the regulatory framework evolves.