The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the incoming Chairman and current Committee Vice Chair, French Hill (AR-02), sent letters to the outgoing Biden Administration’s agencies and regulators under the Committee’s jurisdiction. After the American people delivered Republican control of the House, Senate, and White House in a stark rebuke of the Biden Administration’s regulatory agenda, the lawmakers are warning against finalizing partisan rulemakings ...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the House Republican Steering Committee selected Committee Vice Chair and Subcommittee on Digital Assets, Financial Technology and Inclusion Subcommittee Chair French Hill (AR-02) to lead the House Financial Services Committee as its next Chairman. “Congratulations to my longtime ally and current Committee Vice Chairman French Hill on being selected as the next Chairman of...
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to explore how technology and innovation are shaping the future of finance. Ahead of today’s hearing, Chairman McHenry 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. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as ...
Today, the U.S. House of Representatives passed a slate of four bipartisan financial services bills. These include measures to cut red-tape preventing veterans from accessing housing assistance, mint a commemorative coin in honor of Roberto Clemente, and award the Congressional Gold Medal to Shirley Chisholm and forgotten heroes of the Holocaust. Read more about all four bills passed by the House of Representatives below: H.R. 7480, the Disabled Veterans Housing Support Act, sponsored by Rep. Mo...
