Off Air Next: Markup of H.R. 6864, H.R. 7280, H.R. 5535, H.R. 802, H.R. 7156, H.R. 7437, H.J.Res. 109, H.R. 7440, H.R. 7428, the Wildfire Insurance Coverage Study Act of 2023, H.R. 4206, H.R. 4116

McHenry Reintroduces Legislation to Foster Greater Innovation in Financial Services

To ensure the United States continues to lead the world in financial innovation, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced the Financial Services Innovation Act. This legislation establishes federal regulatory “sandboxes” through Financial Services Innovation Offices (FSIOs) at federal financial regulators, allowing entrepreneurs to test new products and services without sacrificing critical consumer protections. “Technology has radically chang...

MARKUP NOTICE: Full Committee Markup of Fintech, Housing, and National Security Legislation

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup: Full Committee Markup of H.R. 6864, H.R. 7280, H.R. 5535, H.R. 802, H.R. 7156, H.R. 7437, H.J.Res. 109, H.R. 7440, H.R. 7428, the Wildfire Insurance Coverage Study Act of 2023, H.R. 4206, H.R. 4116 Time: 10:00 AM ET Date: Thursday, February 29, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the markup—including the livestream, committee memo, a...

Davidson Delivers Remarks at Housing and Insurance Subcommittee Field Hearing

Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a field hearing entitled “Restoring Prosperity in American Communities: Examining the Failures of Status Quo Housing Policy.” Watch Chairman Davidson’s opening remarks here. Read Chairman Davidson’s opening remarks as delivered: “Today’s hearing is about restoring prosperity in American communities by examining the failures of status quo housing policies. “This is an imp...

Barr Delivers Remarks at Hearing to Examine Issues with the Fed Discount Window and Emergency Lending

Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Lender of Last Resort: Issues with the Fed Discount Window and Emergency Lending.” Watch Chairman Barr’s opening remarks here. Read Chairman Barr’s opening remarks as prepared for delivery: “In performing lender of last resort functions, central banks have long been told to abide by recommendations memorialized by British journalist Wal...