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Barr Delivers Remarks at Field Hearing on Leveraging Third-Party Relationships to Increase Access to Financial Services

Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a field hearing in Lexington, Kentucky entitled “Financial Institution-Fintech Partnerships: Leveraging Third-Party Relationships to Increase Access to Financial Services.” Watch Chairman Barr’s opening remarks here. Read Chairman Barr’s opening remarks as prepared for delivery: “I welcome and thank all of today’s witnesses and my colleagues who were able ...

McHenry to Chair Powell: Fed Independence Remains at Risk. And Unfortunately, the Calls are Coming from Inside the Building

Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. As Democrat-induced inflation continues to crush American families, Republicans are urging Chair Powell to reject politicization at the Fed through disastrous proposals like Basel III Endgame. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared for delivery: “Thank you, Chairman Powell, for being here today. “With prices incr...

McHenry on House Floor: This Administration Would Rather Play Politics and Side with Power Hungry Bureaucrats Over the American People

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led Republicans on the House floor as lawmakers debated a veto message to accompany H.J. Res. 109, providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121." Following broad bipartisan support for the underlying CRA resolution in both chambers of Congress, as well as ov...

McHenry: From Europe to the Middle East to Asia, Global Unrest is Creating Additional Challenges for the International Financial System

Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Treasury Secretary Janet Yellen on the state of the international financial system. Republicans are highlighting how the Biden Administration’s conflicting approaches to foreign policy call into question America’s leadership on the global stage. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared for delivery: “Secretary Yellen, I apprec...