Congressman Patrick McHenry is serving his tenth term as the representative for North Carolina's 10th Congressional District which comprises all or parts of nine counties in North Carolina, from the suburbs of Charlotte on Lake Norman to Pisgah National Forest in Burke County.
In the 118th Congress, Congressman McHenry was elected Chairman of the House Financial Services Committee, a committee he has served on since he was elected to Congress. In his role as Chairman, Congressman McHenry has pursued an innovation, opportunity, and oversight agenda. These efforts have centered around legislation to create a market structure and robust consumer protections for digital assets, put Americans back in control of their financial data, and facilitate capital formation opportunities.
In addition to serving as Chairman, Congressman McHenry led the House of Representatives as Speaker Pro Tempore—an historic first. During that time, he built consensus, facilitated the election of a new Speaker, and preserved the powers of the Speakership.
Congressman McHenry was also tapped by Speaker Kevin McCarthy to jointly lead debt ceiling negotiations with the White House. Those negotiations resulted in passage of the Fiscal Responsibility Act, which raised the debt ceiling alongside historic spending cuts, the largest funding rescissions in history, and pro-growth regulatory reforms.
Prior to serving as the Chairman, Congressman McHenry was elected as the Republican Leader at the beginning of the 116th Congress. He also served as Vice Chairman of the House Financial Services Committee, a position he was appointed to at the beginning of the 114th Congress by then Chairman Jeb Hensarling (TX-05).
In 2015, Congressman McHenry was selected by then House Majority Whip Steve Scalise (LA-01) to be the Chief Deputy Whip. As Chief Deputy Whip, Congressman McHenry directly assisted Majority Whip Scalise by building consensus for the conservative policy agenda of the House Republican Conference. One of his proudest accomplishments as Chief Deputy Whip was the passage of the Tax Cuts and Jobs Act, which helped to fix our nation’s broken tax code and provided much-needed tax relief to American families and businesses.
During the 113th Congress, Congressman McHenry served as Chairman of the House Financial Services Committee’s Oversight and Investigations Subcommittee. In this role, he provided oversight of the Federal Reserve, the Treasury Department, the Securities and Exchange Commission, and other federal financial regulators.
In addition to his leadership roles on the Financial Services Committee, Congressman McHenry has successfully passed important legislation into law that helps entrepreneurs and startup investing. In the 114th Congress, Congressman McHenry authored the “RAISE Act” (Reforming Access for Investments in Startup Enterprises), which was signed into law by President Obama, providing the means for startup employees to sell their stock options to private investors.
Additionally, Congressman McHenry authored the primary legislation to legalize equity-based crowdfunding in the United States. The crowdfunding language he first authored in 2011 was eventually included in the JOBS Act which President Obama signed into law in April 2012. In recognition of his work supporting crowdfunding, Congressman McHenry was presented with the 2013 “Crowdfunding Visionary Award” by the Global Crowdfunding Convention. Congressman McHenry was also awarded the Crowdfunding Leadership Award by the University of California at Berkeley Fung Institute’s Program for Innovation in Entrepreneurial Finance in 2013.
Congressman McHenry’s interest in crowdfunding and capital formation more broadly developed as a child, when his father attempted to grow a small business but struggled for financing. It was this experience—and the lack of small business financing in rural western North Carolina—that drove Congressman McHenry to become a leader on crowdfunding, capital formation, and other forms of disruptive finance. Recently this has expanded to encompass fintech as he works with industry leaders to discover innovative ways to combine finance and technology with the goal of expanding access to capital for America’s entrepreneurs and small businesses.
Most importantly, Congressman McHenry continues to listen to the voters of the 10th District and act as their voice in Washington. His main focus is to provide the highest level of constituent services at home in western North Carolina.
Prior to being elected to Congress in 2004 at the age of 29, Congressman McHenry represented the 109th District in the North Carolina House of Representatives. He also served as Special Assistant to the Secretary of the U.S. Department of Labor, a post he was appointed to by President George W. Bush.
Congressman McHenry is a graduate of Ashbrook High School in Gastonia, N.C. and Belmont Abbey College, where he earned a Bachelor of Arts in History. Congressman McHenry and his wife Giulia live in Denver, N.C. and worship at Holy Spirit Church. They are the parents of two daughters, Cecelia Rose and Therese Anne (who goes by Rese), and one son, Peregrine Callan (who goes by Perry).
