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Rep. Warren Davidson in The Hill: Setting the record straight and debunking unworkable illicit finance proposals
Jan 9, 2024
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January 8, 2024 | By Rep. Warren Davidson (R-Ohio) Congress has been inundated with calls to create an expansive anti-money laundering framework to address the over-exaggerated (and often mischaracterized) presence of illicit finance in the digital asset ecosystem. It’s time we had a serious discus...
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Rep. Warren Davidson in The Hill: Setting the record straight and debunking unworkable illicit finance proposals
Jan 9, 2024
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January 8, 2024 | By Rep. Warren Davidson (R-Ohio) Congress has been inundated with calls to create an expansive anti-money laundering framework to address the over-exaggerated (and often mischaracterized) presence of illicit finance in the digital asset ecosystem. It’s time we had a serious discus...
More
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McHenry Statement on Topline Spending Agreement
Jan 7, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after House and Senate leadership announced an agreement on topline spending levels for Fiscal Year 2024 appropriations. The agreement reinforces the historic spending cuts and regu...
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HEARING NOTICE: Oversight of the Department of Housing and Urban Development and the Federal Housing Administration
Jan 4, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration” Time: 10:00 AM ET Date: Thursday, January 11...
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HEARING NOTICE: Subcommittees on Capital Markets and Digital Assets, Financial Technology & Inclusion
Jan 3, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Capital Markets Subcommittee Hearing Entitled: “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access” Time: 10:00 AM ET Date: Wednesday, January 10, 2...
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McHenry Statement on FinCEN’s Final Rule Regarding Access to Beneficial Ownership Information
Dec 21, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Financial Crimes Enforcement Network’s (FinCEN) release of its final rule regarding access to beneficial ownership information. “While FinCEN’s final rule regardi...
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McHenry, Flood Lead Letter Urging CFPB to Extend Comment Period for Larger Participants Rule
Dec 20, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Congressman Mike Flood (NE-01) led 18 of their colleagues on a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra requesting an extension of the comment period for the proposed rulemaking en...
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McHenry, Luetkemeyer, Barr, Hill Urge NSA Sullivan to Abandon Failed Russian Oil Price Cap Scheme in Favor of Comprehensive Energy Sanctions
Dec 20, 2023
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The Chairman of the Financial Services Committee, Patrick McHenry (NC-10), was joined by the Chairman of the National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman, Rep. Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Monetary Policy...
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Chair McHenry, Rep. Davidson, Senators Rick Scott, and Rounds Lead 76 Colleagues in Bicameral Letter to FinCEN Demanding Delay of Red-Tape Rule on Small Businesses
Dec 19, 2023
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Following concerns from constituents and small business groups about a new financial reporting requirement expected to take effect in just a few weeks, House Financial Services Committee Chairman Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mi...
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McHenry Highlights Similarities Between CFPB’s 1033 Proposal & Republicans’ Data Privacy Act of 2023
Dec 18, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a comment letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra in response to the CFPB’s notice of proposed rulemaking that would implement Section 1033 of the Dodd Frank Wall Street Reform A...
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