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Financial Services

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CLICK HERE for the latest news from the House Financial Services Committee.

The House Financial Services Committee considers measures on banking, economic stabilization, insurance, international finance, and securities. The financial services industry is important to the region I represent in Congress, with more than 68,000 financial services jobs in Central Ohio.

As a Member of the Financial Services Committee, I am leading the fight to allow our markets to function more effectively to boost economic competition and I serve on the Subcommittee on Capital Markets and Government Sponsored Enterprises and the Subcommittee on Insurance, Housing and Community Opportunity.

This Congress, the committee’s priorities have included creating jobs, implementing Fannie Mae’s and Freddie Mac’s transition out of Federal conservatorship, and exploring how to bring to an end the $150 billion bailout of Fannie Mae and Freddie Mac. The committee has also been focused on doing away with the job-killing provisions of Dodd-Frank. 

On February 27, 2013, Chairman of the Federal Reserve Ben Bernanke testified before the House Financial Services Committee on the state of the economy.  135 days later, Chairman Bernanke finally responded to my written questions on systemic risk, administrative burdens stemming from the Dodd-Frank Act, and the legal authority for the Federal Reserve to use Quantitative Easing. 


On September 13, 2013, Congresswoman Gwen Moore (D-WI) and I SENT A LETTER to the new Security Exchange Commission (SEC) commissioners, Kara Stein and Mike Piwowar, asking SEC to fix the Dodd-Frank definition for municipal advisors.

Dodd-Frank’s definition for municipal advisors has affected people who were never intended to be covered by it, from volunteers on local boards to bank tellers. I hope the SEC will fix the definition; if not, Congresswoman Moore and I have a bipartisan bill that will fix it – the Municipal Advisor Oversight Improvement Act of 2013 (H.R. 797).

For additional information on financial service issues, you can CLICK HERE to go to the House Financial Services Committee Web site or contact my office at 202-225-2015.

VIDEO: CLICK HERE for video of of Stivers asking a panel questions during a Financial Services hearing on mortgage financing on February 16, 2011.
VIDEO: CLICK HERE for video of Stivers' opening statement in committee on the need for GSE reform on February 9, 2011.
VIDEO: CLICK HERE for video of Stivers speaking on the House floor about pro-jobs growth financial services legislation.
VIDEO: CLICK HERE for video of Stivers speaking in committee on an amendment he offered on HUD standards on February 7, 2012.
VIDEO: CLICK HERE for video of Stivers taking part in a Financial Services Committee Q&A with Federal Reserve Chairman Ben Bernake on February 29, 2012.
VIDEO: CLICK HERE for video of Stivers on Fox Business Channel speaking about his two bills, the Cents and Sensibility Act and the STEEL Nickel Act, to lower the cost of producing pennies and nickels and to ensure they are minted with American steel.
VIDEO: CLICK HERE for video of Stivers speaking at a Financial Service Committee markup of H.R. 1588, the "Consumer Rental Purchase Agreement Act" on May 31, 2012. 
VIDEO: CLICK HERE for video of Stivers speaking on the House Floor about the National Flood Insurance Program on May 31, 2012.
VIDEO: CLICK HERE for video of Stivers speaking at a Financial Services Joint Subcommittee hearing about Implementing Basel III Capital Standards on November 29, 2012.
VIDEO: CLICK HERE for video of Stivers speaking at a Financial Services Subcommittee hearing about the future of money on November 29, 2012.
VIDEO: CLICK HERE for video of Stivers in a Q&A with Federal Reserve Chairman Ben Bernanke on July 17, 2013.
VIDEO: CLICK HERE for video of Stivers Questioning Federal Reserve Chair Janet Yellen during the Financial Services Committee Hearing on June 22, 2016.

Financial Services Legislation of Note:

114th Congress

H.R. 37          H.R. 233          H.R. 414          H.R. 431          H.R. 597          H.R. 601          H.R. 602          H.R. 650          H.R. 685          H.R. 835          H.R. 893          H.R. 1090           H.R. 1113          H.R. 1150          H.R. 1188              H.R. 1195            H.R. 1210          H.R. 1233          H.R. 1266          H.R. 1309          H.R. 1317          H.R. 1355          H.R. 1389          H.R. 1478          H.R. 1486          H.R. 1523          H.R. 1550          H.R. 1660          H.R. 1661          H.R. 1675          H.R. 1683          H.R. 1737          H.R. 1766          H.R. 1908          H.R. 1925          H.R. 2141          H.R. 2209           H.R. 2213          H.R. 2287          H.R. 2643          H.R. 2722          H.R. 2998        H.R. 516          H.R. 576          H.R. 957          H.R. 2121           H.R. 24           H.R. 299          H.R. 766          H.R. 855          H.R. 957          H.R.1002       H.R. 1941 

113th Congress

H.R. 508         H.R. 749          H.R. 797          H.R. 1063           H.R. 1077          H.R. 1155          H.R. 1221          H.R. 1553          H.R. 1566          H.R. 1626          H.R. 1750          H.R. 2535          H.R. 1779          H.R. 656          H.R. 1077         H.Res. 129          H.Res. 172          H.R. 508           H.R. 544          H.R. 688           H.R. 749          H.R. 774          H.R. 797          H.R. 1064          H.R.  1105          H.R. 1221          H.R. 1551          H.R. 1553          H.R. 1566          H.R. 1626          H.R. 1653          H.R. 1750          H.R. 2446          H.R. 2535          H.R. 2565

112th Congress

H.R. 31          H.R. 32          H.R. 459          H.R. 674          H.R. 1070          H.R. 1082          H.R. 1121          H.R. 1309          H.R. 1539          H.R. 1588          H.R. 1667          H.R. 1755          H.R. 1840          H.R. 2081          H.R. 2086         H.R. 2439          H.R. 2779          H.R. 3461          H.R. 3559          H.R. 3693          H.R. 3694          H.R. 4624          H.R. 5910          H.R. 6139          H.R. 6161          H.Res. 25          H.Con.Res. 101          H.Res. 509

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