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McHenry to Prudential Regulators: The Era of Post-Financial Crisis Regulation is Over
November 20, 2024 - Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of President Biden’s prudential banking regulators. Republicans are holding Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg accountable for his con...More

Financial Services Committee Republicans Release Final Staff Report Detailing Toxic Culture at the FDIC Under Disgraced Chair Gruenberg
November 19, 2024 - Today, House Financial Services Committee Republicans released their final staff report detailing the toxic workplace culture, including misconduct and harassment, at the Federal Deposit Insurance Corporation (FDIC) under the failed leadership of disgraced Chairman Martin Gruenberg. This report is t...More

HEARING NOTICE: Oversight of Prudential Regulators
November 13, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Oversight of Prudential Regulators” Time: 10:00 AM ET Date: Wednesday, November 20, 2024 Place: 2128 Rayburn House Office Building Additional inf...More

McHenry, Committee Republicans Respond to Federal Banking Regulators’ Request for Information on Bank-Fintech Partnerships
October 31, 2024 - The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led all Committee Republicans in a letter to federal banking regulators at the Federal Reserve Board (Fed), Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) responding to...More

McHenry, Barr, Huizenga Demand Briefing, Documents from FDIC Regarding Changes to Asset Manager Passivity Agreements
October 29, 2024 - Today, The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), and Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04) sent a letter to disgraced Fe...More

McHenry Statement on Treasury’s Outbound Investment Final Rule
October 28, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the U.S. Department of the Treasury’s final rule restricting outbound U.S. investment to China. This follows Treasury’s notice of proposed rulemaking implementing the...More

McHenry Statement on CFPB’s Final 1033 Rule
October 22, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the CFPB’s final rule implementing Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. “The CFPB’s final 1033 rule is a promising s...More

McHenry Demands Disgraced FDIC Chair Gruenberg Comply with Congressional Oversight, Schedule Transcribed Interview Immediately
October 16, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to disgraced Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg demanding he schedule a transcribed interview with the Committee by 5:00 PM today. Chairman McHenry is also requestin...More

McHenry Requests GAO Audit FinCEN’s Beneficial Ownership Secure System
October 15, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter requesting the Government Accountability Office (GAO) audit the Financial Crimes Enforcement Network’s (FinCEN) Beneficial Ownership Secure System (BOSS). The BOSS registry is intended to be a key ...More

Barr Delivers Remarks at Hearing to Examine Basel Endgame and the Onslaught of Hurried Rulemaking Undertaken by the Administration
September 25, 2024 - 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 Administrat...More

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