Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans are holding Director Chopra’s CFPB accountable for its runaway rulemaking agenda, disregard for Congressional intent, and the continued politicization of the Bureau’s activities. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared for delivery: “The public’s t...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), was joined by all six Subcommittee Chairs in a letter to House and Senate Armed Services Committee leadership regarding reservations with outbound investment provisions in the underlying text of the Senate-passed National Defense Authorization Act (NDAA) for Fiscal Year 2024 (FY24). The lawmakers specifically reference their concerns with Section 1085 which would create a new bureaucracy to regulate Americans...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Housing & Insurance Subcommittee Hearing Entitled: “Housing Affordability: Governmental Barriers and Market-Based Solutions” Time: 10:00 AM ET Date: Wednesday, December 6, 2023 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 upda...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services” Time: 10:00 AM ET Date: Tuesday, December 5, 2023 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, committee memo, and w...
