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McHenry to CFPB Director Chopra: This So-Called Independent Agency Has Become an Arm of President Biden’s Political Operation
June 13, 2024 - Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans are taking Director Chopra’s CFPB to task for its politicized agenda and unaccountability. Watch Chairman M...More

McHenry Statement on Nomination of Christy Goldsmith Romero to Succeed Disgraced FDIC Chair Martin Gruenberg
June 13, 2024 - Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued a statement after the White House announced its intent to nominate Christy Goldsmith Romero to succeed Martin Gruenberg as Chair of the Federal Deposit Insurance Corporation (FDIC) following widespread reports of toxic...More

Financial Services & General Government Appropriations Legislation Includes Key Committee Republican Priorities
June 13, 2024 - Today, the House Committee on Appropriations will consider Financial Services General Government (FSGG) appropriations legislation at a full committee markup. The fiscal year (FY) 2025 bill includes several Committee Republican priorities to rein in Biden’s rogue financial regulators, restore fiscal...More

McHenry at Hearing to Conduct Oversight of the FDIC: “Deep Institutional Changes at the FDIC are Needed Now, Not Later”
June 12, 2024 - Today, the House Financial Services Committee is holding a hearing to conduct oversight of the Federal Deposit Insurance Corporation’s (FDIC) failed leadership and toxic workplace culture. Lawmakers will hear testimony from FDIC Special Review Committee Co-Chairs Michael Hsu and Jonathan McKernan, a...More

McHenry Statement on CFPB’s Proposal to Upend American Credit and Health Care Systems
June 11, 2024 - Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Consumer Financial Protection Bureau released a notice of proposed rulemaking that would prevent the consideration of medical debt when constructing credit reports: “Director Chopra is...More

Flood Delivers Remarks on the House Floor in Support of the Forgotten Heroes of the Holocaust Congressional Gold Medal Act
June 11, 2024 - Today, U.S. Representative Mike Flood (NE-01), led Republicans on the House floor as lawmakers debated H.R. 537, the Forgotten Heroes of the Holocaust Congressional Gold Medal Act. H.R. 537 would award the Congressional Gold Medal to 60 diplomats posthumously in recognition of their brave and vital ...More

HEARING NOTICE: The Semi-Annual Report of the Bureau of Consumer Financial Protection
June 6, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “The Semi-Annual Report of the Bureau of Consumer Financial Protection” Time: 10:00 AM ET Date: Thursday, June 13, 2024 Place: 2128 Rayburn House ...More

Hill Delivers Remarks at Hearing on How Tokenization of Real-World Assets Will Facilitate Efficient Markets
June 5, 2024 - Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.” Watch Chairman Hill’s ...More

HEARING NOTICE: Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture
June 5, 2024 - Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture” Time: 10:00 AM ET Date: Wednesday, June 12, 2024 Place: 2128 Rayburn House...More

McHenry, Lummis, Lawmakers Urge President Biden Not to Veto Bipartisan SAB 121 CRA
May 31, 2024 - House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Senator Cynthia Lummis (R-WY) led a letter to President Joe Biden urging him to reconsider his threat to veto Staff Accounting Bulletin (SAB) 121 Congressional Review Act (CRA) which passed the Senate and House with strong b...More

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