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McHenry at Digital Assets Hearing: 2021 Was the Year of the Cryptocurrency
Dec 8, 2021
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Today, the House Financial Services Committee is holding a hearing with the CEOs of six digital asset organizations. Digital assets have the potential to revolutionize the way Americans participate in our financial system. Lawmakers must fully understand and embrace this new technology, not stifle i...
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McHenry Applauds Inclusion of Debt Bondage Repair Act in NDAA
Dec 7, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), applauded the inclusion of his bill, H.R. 2332, the Debt Bondage Repair Act, in this year’s National Defense Authorization Act (NDAA) for fiscal year 2022.The bill, which passed the House in June, will help...
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McHenry: It’s Not Just the Pandemic Posing a Threat to Our Full Recovery, It’s Democrats’ Bad Fiscal Policies
Dec 1, 2021
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Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on their pandemic response. Instead of working with Republicans on bipartisan solutions to rebuild the greatest economy of our lifetimes experienced pre-...
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McHenry, Huizenga Call on Chair Waters to Join Republicans’ Investigation into Politicization of PCAOB
Nov 30, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43...
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McHenry Celebrates Renomination of Jerome Powell as Federal Reserve Chair
Nov 22, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statements regarding President Biden announcing his renomination of Jerome Powell to serve as Chair of the Federal Reserve Board of Governors: “I’m glad to see President Biden recogni...
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McHenry Statement on Passage of Democrats’ Reckless Tax and Spending Package
Nov 19, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after voting against Democrats’ reckless tax and spending package: “Today, House Democrats passed a reckless tax and spending bill that will drive up the cost of living for ...
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All Committee Republicans Ask OCC for Clarity on Potential Climate Supervision Proposal
Nov 19, 2021
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Today, all Republicans on the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to the acting head of the Office of the Comptroller of the Currency (OCC), Michael Hsu. The letter requests the OCC provide clarity on its potential proposal of a climate ch...
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McHenry Leads Bipartisan Legislative Fix to New Digital Asset Reporting Requirements
Nov 18, 2021
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), has introduced the Keep Innovation in America Act, alongside Congressman Tim Ryan (OH-13) and a bipartisan group of lawmakers. The legislation will fix the digital asset reporting provisions in the Infrastructure ...
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McHenry: Democrats Are Out of Touch with the Needs of the American People
Nov 16, 2021
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Today, the House Financial Services Committee is holding a markup of several pieces of legislation, including three bipartisan bills. However, despite the fact inflation just hit a 30-year record and increasing prices are outpacing the rise in wages—nothing on today’s markup agenda will help America...
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Committee Republicans Release Central Bank Digital Currency Principles
Nov 15, 2021
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Today, Republicans on the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), released principles to guide Congress’ evaluation of potential proposals for a U.S. Central Bank Digital Currency (CBDC). The principles state that a potential Fed-issued digital currency mus...
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