Today, House Republicans—under the leadership of Speaker Kevin McCarthy—will vote on a bipartisan agreement to get America’s fiscal house in order, while raising the debt limit. For the first time in a debt ceiling negotiation, House Republicans secured historic spending cuts, the largest funding rescissions in history, and pro-growth regulatory reforms. Here’s what notable conservative leaders and editorial boards are saying about the Republican wins in the agreement: Newt Gingrich, former Spea...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: “Uncertain Debt Management: Treasury Markets and Financial Institutions” Time: 10:00 AM ET Date: Tuesday, June 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 ...
This week, House Financial Services Committee Chairman Patrick McHenry (NC-10) sent a letter to Treasury Secretary Janet Yellen regarding Treasury’s plans to transform CFIUS into a committee on foreign investment in the United States and China through a rumored Executive Order on outbound investment. In the letter, Chairman McHenry expresses concern that restricting outbound investment to China would prove futile in its intended effect and further serve the Chinese Communist Party’s goal of limi...
Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “International Financial Institutions in an Era of Great Power Competition.” Watch Chairman Luetkemeyer’s opening remarks here. Read Chairman Luetkemeyer’s opening remarks as prepared for delivery: “First, thank you to our witnesses for being here today. You offer a wide and deep expertise on In...
