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When Jeb Hensarling took over the congressional panel that spawned the Dodd-Frank Act, he vowed to roll back the landmark Wall Street law and eliminate government programs that backstop private markets.

The House Financial Services Committee plans to release draft legislation and hold a markup in June on Terrorism Risk Insurance Act reauthorization legislation, a key member of the committee said today.

Stakeholders seeking reauthorization of the Terrorism Risk Insurance Act are holding an emergency meeting today to discuss next steps in the wake of an alarming draft House bill that would effectively phase out the program over three years.

Various legislative proposals to abolish the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, the housing finance giants commonly known as Fannie Mae and Freddie Mac, could establish a new federal presence in the oversight of private mortgage insurance.

The House bill's sponsor was indicted in Brooklyn on Monday on federal charges of underreporting payroll while running a New York restaurant.

Federal Reserve Board officials are making clear that they have a wait-and-see attitude about support for international initiatives aimed at establishing uniform capital standards for insurance companies.

Two senior Republican House members are asking the Government Accountability Office to expeditiously prepare a report on the Terrorism Risk Insurance Act, and the potential impacts of reauthorization versus non-reauthorization.

Two senior Republican House members are asking the Government Accountability Office to expeditiously prepare a report on the Terrorism Risk Insurance Act, and the potential impacts of reauthorization versus non-reauthorization.