Congressman Jeb Hensarling
Texas Insider Report: WASHINGTON, D.C. – With the start of the year, I wanted to share this Dallas Morning News article reflecting upon my time representing you in Congress.
If you have a few minutes, click here to read the full article.
Here are a few quick highlights:
Addressing Dangerous National Debt
Hensarling has long been an outspoken fiscal hawk. He served — with Ryan, among others — on a bipartisan commission assigned with brainstorming ways to reduce the exploding national debt.
Drawing out dark predictions requires little prompting.
“My greatest regret will be my inability to convince my colleagues on both sides of the aisle of the seriousness of the peril of the looming national debt crisis,” he said. “I don’t think we would ever wake up and become Greece — but I don’t know it for a fact. And I know what the face of national bankruptcy looks like. It looks like padlocked factories, it looks like riots in the streets, it looks like soup kitchens.”
Combating a Rogue Federal Agency
As for the CFPB, he’s called it a “rogue agency,” asserting in a Dec. 12 op-ed in The Dallas Morning News that it “represents profoundly bad government.”
The Dodd-Frank law enacted in 2010 as a response to the 2008 financial crisis created the bureau.
Hensarling has long maintained that the bureau is unconstitutional because the law gives it authority to regulate credit cards, car loans and mortgages virtually without congressional oversight. Lately, he’s fought to roll back a crackdown on payday lending — the first federal effort to regulate that industry, begun without explicit congressional approval.
“It’s kind of a bittersweet decision. But I never intended to do this for the rest of my life,” he said. “I’m 60 years old. I probably have time for one more career in my life. … I don’t specifically know what I’m going to do. On the other hand, I have an aspiration that many Americans have: work less hard, make more money, spend more time with my family.”
Balancing Family and Work
“I never thought I would be here this long. I originally thought it would be three to five terms, up or out,” he said.
He and his wife have two teenagers and, as he put it, all they’ve known is a part-time dad. But he rejected the suggestion that congressional service can be hard on families.
“It’s all relative. I just came back from Poland, visiting our troops. These men and women are away from their families for nine months at a time. I work in air conditioning. I don’t have Russians 70 miles away,” he said. “I never admit to sacrificing anything.”
It is my honor to serve the 5th District of Texas. As always, please do not hesitate to reach out to my office if we can be of assistance.
Source: Texas Politics