Off Air Next: Hearing Entitled: Held for Ransom: How Ransomware Endangers Our Financial System

Rep. Kim Testifies in Support of the Iran Counterterrorism Act of 2023

Today, Representative Young Kim (CA-40) appeared before the House Committee on Rules to speak in support of her bill, H.R. 6323, the Iran Counterterrorism Act of 2023. H.R. 6323 requires Iran to cease support for acts of international terrorism as a condition for the President to waive secondary sanctions imposed on the regime in Tehran. The bill also provides for a congressional review process for national security interest waivers of these sanctions, if Iran continues its support for global te...

MARKUP NOTICE: Full Committee Markup of Various Regulatory Oversight Measures

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup: Full Committee Markup of H.R. 5535, H.R. 802, H.R. 7437, H.R. 7440, H.R. 7428, H.R. 4206, H.R. 4116, H.J. Res. 127, H.J. Res. 122, H.J. Res. 120, H.J. Res. 125, H.J. Res. 126, H.J. Res. 124 Time: 10:00 AM ET Date: Wednesday, April 17, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the markup—including the livestream, committee memo, and relevant...

Chairman McHenry, Rep. Pettersen Reintroduce Bill to Protect America’s Critical Financial Infrastructure from Ransomware Attacks

House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Representative Brittany Pettersen (D-CO) today introduced the bipartisan Ransomware and Financial Stability Act. This legislation will protect the critical financial infrastructure that makes daily economic activity possible by deterring hackers and setting commonsense guide rails for financial institutions to respond to ransomware attacks. “Ransomware attacks pose a serious threat to the stability of our financial syste...

McHenry: The SEC’s Final Climate Disclosure Rule Would Be Catastrophic for Our Markets and American Competitiveness

Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the Securities and Exchange Commission’s (SEC) disastrous climate risk disclosure final rule. Republicans will examine the numerous consequences of this fatally flawed rule which exceeds the agency’s authority, threatens our economy, and overwhelms investors with non-economic information. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared...