-
McHenry Slams Treasury and IRS Rulemaking on Digital Asset Reporting Requirements
Aug 25, 2023
-
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Treasury Department and the Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking on digital asset reporting requirements from the Infrastructure Investm...
More
-
McHenry, Wagner Urge PCAOB to Reconsider Proposed Changes to Company Noncompliance with Laws and Regulations Standards
Aug 24, 2023
-
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Chairman of the Capital Markets Subcommittee, Ann Wagner (MO-02), sent a letter to the Public Company Accounting Oversight Board (PCAOB) urging the Board to reevaluate the proposed changes in its Exposure Draft reg...
More
-
McHenry Statement on SEC Vote to Approve Private Fund Rulemaking
Aug 23, 2023
-
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Securities and Exchange Commission (SEC) voted to approve a new rule regarding private fund management. “Once again, Chair Gensler’s SEC is exceeding its statutory authority to ...
More
-
McHenry, Financial Services Republicans Press Regulators Regarding Prometheum Special Purpose Broker-Dealer Approval
Aug 15, 2023
-
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led Republicans on the House Financial Services Committee in sending letters to Financial Industry Regulatory Authority (FINRA) President and CEO Robert Cook and Securities and Exchange Commission (SEC) Chair Gary Gensl...
More
-
WSJ Opinion: Stablecoins Can Keep the Dollar the World’s Reserve Currency
Aug 10, 2023
-
By Brian Brooks and Charles W. Calomiris Stablecoins, blockchain-based assets backed by bank deposits and Treasury securities, are at the heart of a dollar-based revolution happening throughout the developing world. Their price is supposed to stay steady, often at $1. Think of them as digital versio...
More
-
McHenry, Luetkemeyer Statement on Biden Administration's Outbound Investment Executive Order
Aug 9, 2023
-
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, Blaine Luetkemeyer (MO-03), issued the following statement in response to the Biden Administra...
More
-
McHenry Statement on PayPal Announcing Launch of Payment Stablecoin
Aug 7, 2023
-
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after PayPal announced the launch of its payment stablecoin. This follows the House Financial Services Committee passing the bipartisan Clarity for Payment Stablecoins Act, which identifie...
More
-
McHenry Delivers Opening Remarks at Markup of Stablecoin, ESG Legislation
Jul 27, 2023
-
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of legislation to establish a regulatory framework for payment stablecoins, protect self-custody for digital assets, overturn the CFPB’s disastrous small business lending data collection rule,...
More
-
McHenry Statement on Biden Appointees’ Vote to Consider Raising Bank Capital Requirements
Jul 27, 2023
-
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding federal financial regulators’ actions to consider raising capital requirements and implementing “Basel III” standards on U.S. financial institutions. “While American famil...
More
-
House Financial Services Committee Reports Digital Asset, ESG Legislation to Full House for Consideration
Jul 27, 2023
-
Today, the House Financial Services Committee passed seven pieces of legislation out of Committee that establish a regulatory framework for payment stablecoins, protect self-custody for digital assets, overturn the CFPB’s disastrous small business lending data collection rule, and combat the influen...
More
|
