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Barr Delivers Remarks at Hearing to Examine Basel Endgame and the Onslaught of Hurried Rulemaking Undertaken by the Administration

Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Regulatory Recipe for Economic Uncertainty: The Endless Basel Endgame and an Onslaught of Hurried Rulemaking Undertaken by the Administration.” Watch Chairman Barr’s opening remarks here. Read Chairman Barr’s opening remarks as prepared for delivery: “Today’s hearing is on the Basel III Endgame proposal by the Federal Reserve, FDIC, and...

McHenry, Huizenga, Hill, Barr Demand Fed, FDIC, OCC, SEC Provide Interagency Communications Regarding SAB 121

Ahead of a hearing with the full Securities and Exchange Commission (SEC), the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Oversight and Investigations Subcommittee, Bill Huizenga (MI-04), Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02), and Chairman of the Financial Institutions and Monetary Policy Subcommittee, Andy Barr (KY-06), sent letters demanding regulators provide interagency communicat...

McHenry to SEC Commissioners: Chair Gensler’s Legacy Will Be Defined by Turning the Once Proud Institution of the SEC Into a Rogue Agency

Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of the Securities and Exchange Commission with testimony from all five Commissioners. This is the first time since 2019 that all five Commissioners have testified together before the Committee, providing a unique opportunity to hear the diverse viewpoints of the full Commission. Republicans will highlight how Chair Gary Gensler’s SEC has become a rogue agency that rou...

POSTPONED: Subcommittee on Housing & Insurance

Today, the House Financial Services Committee announced the postponement of the following hearing: POSTPONED: Housing & Insurance Subcommittee Hearing Entitled: “Vanishing Independence: How FHFA’s Political Agenda Endangers Homeowners and Taxpayers” Time: 10:00 AM ET Date: Thursday, September 26, 2024 Place: 2128 Rayburn House Office Building ###