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Jeb Hensarling Quote

You've got Washington picking winners and losers. And so, all of a sudden, decisions are being made on what helps politicians, not what helps the economy. Some will call it socialism. Some will call it a command and control economy. Whatever it is, it's antithetical to the American experience.

Jeb Hensarling

You've got Washington picking winners and losers. And so, all of a sudden, decisions are being made on what helps politicians, not what helps the economy. Some will call it socialism. Some will call it a command and control economy. Whatever it is, it's antithetical to the American experience.

Tags: decisions, american, control

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About Jeb Hensarling

Thomas Jeb Hensarling (born May 29, 1957) is an American politician who served as the U.S. representative for Texas's 5th congressional district from 2003 to 2019. A member of the Republican Party, he chaired the House Republican Conference from 2011 to 2013 and House Financial Services Committee from 2013 until 2019. The Los Angeles Times described Hensarling, "a fervent believer in free market ideology" and that he was "a pivotal player in the GOP effort to reduce financial regulation in the Trump Era". The Wall Street Journal called him "a driver of economic policy in the house". Hensarling has close ties to Wall Street, having received campaign donations from every major Wall Street bank as well as various payday lenders.
On October 31, 2017, Hensarling announced that he would not seek reelection in 2018. In 2019, he revealed he was joining UBS Group AG as executive vice chairman for the Americas region. In 2023, he stepped down from that position.