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McHenry and Toomey Statement on Treasury Changes to Fannie Mae and Freddie Mac
Jan 14, 2021
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Today, Ranking Member Patrick McHenry (NC-10), and U.S. Senator Pat Toomey (R-Pa.), the incoming Ranking Member of the Senate Banking Committee, issued the following statement regarding actions taken by the U.S. Department of the Treasury and Federal Housing Finance Agency (FHFA) to begin the proces...
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McHenry: Acting Comptroller Brooks Has Been an Advocate for Financial Technology
Jan 13, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Acting Comptroller of the Currency Brian Brooks announced he will step down from his current position at the OCC: “Acting Comptroller Brooks has been a steadfast advocat...
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Following New Report, Committee Republicans Hold Cybersecurity Roundtable with Leading Experts
Jan 12, 2021
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Today, House Financial Services Committee Republicans, led by Republican Leader Patrick McHenry (NC-10), held a roundtable with financial services cybersecurity experts to examine the pressing issues surrounding cybersecurity and digitization of operations within the financial sector, especially in ...
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Republicans Release Report Detailing Cybersecurity Threats in the COVID-19 Era
Jan 11, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Subcommittee on Oversight and Investigations, Andy Barr (KY-06), issued a Republican staff report on cybersecurity in the COVID-19 era. The report found that the coronavirus ...
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McHenry Applauds SEC Action on Custody of Digital Asset Securities by Broker-Dealers
Dec 23, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC) statement and request for comment regarding the custody of digital asset securities by broker-dealers: “I am p...
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McHenry: These Measures are Temporary, Targeted, and Tied to COVID
Dec 21, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement on the passage of the Senate Amendment to H.R. 133, the Consolidated Appropriations Act, to provide additional targeted COVID-19 relief and government funding: “Democrats wa...
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McHenry Statement on Repurposing ESF Funds
Dec 16, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the funds appropriated by Congress in the CARES Act remaining in the Exchange Stabilization Fund (ESF) and how that money should be repurposed: "In March, I pushed for $500...
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McHenry: It’s Time to Permanently Repeal Dodd-Frank’s Unnecessary Mandatory Disclosures
Dec 16, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Securities and Exchange Commission (SEC) adopted a rule regarding resource extraction issuers: “It’s time to permanently repeal Dodd-Frank’s costly and unnecess...
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McHenry Statement on Nomination of Rep. Fudge to Lead HUD
Dec 10, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to former Vice-President Joe Biden’s decision to nominate Congresswoman Marcia Fudge (OH-11) to serve as Secretary of Housing and Urban Development (HUD): “The ...
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McHenry Statement on QM Final Rules to Provide Clarity to Mortgage Industry
Dec 10, 2020
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WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Consumer Financial Protection Bureau (CFPB) issued final rules on qualified mortgage (QM) loans to provide clarity to mortgage market participants:...
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