Ahead of a hearing to examine how technology is shaping the future of finance, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Ranking Member Maxine Waters (CA-43) introduced two bipartisan measures highlighting the impact of artificial intelligence (AI) on the financial services and housing industries. Chairman McHenry introduced a resolution, cosponsored by Ranking Member Waters, acknowledging the growing use of AI in the financial services and housing indu...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Innovation Revolution: How Technology is Shaping the Future of Finance” Time: 10:00 AM ET Date: Wednesday, December 4, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, committee memo, relevant legislation, and witness list—can be found here and will be updated as the hearing ...
The bipartisan Working Dog Commemorative Coin Act, introduced in the House by Chairman Patrick McHenry (R-NC) and led in the Senate by Senators Ted Budd (R-NC) Mark Kelly (D-AZ), Thom Tillis (R-NC), and Tammy Duckworth (D-IL), passed the Senate. The legislation now goes to the president to be signed into law. The bill would instruct the U.S. Mint to develop a commemorative coin series honoring the critical role working dogs play in our society, while providing financial support to help raise and...
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of President Biden’s prudential banking regulators. Republicans are holding Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg accountable for his continued efforts to stonewall Congressional oversight amid a staff report confirming allegations of a toxic workplace culture at the agency under his watch. Members will also closely scrutinize other pa...
