Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. In the aftermath of recent bank failures fueled by accelerated interest rate risk, the Fed must avoid pursuing initiatives outside its statutory authority, while redoubling its efforts to stabilize prices and promote financial stability.
Watch… Read more »
Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “HUD Oversight: Testimony of the HUD Inspector General.”
Watch Chairman Davidson’s opening remarks here.
Read Chairman Davidson’s opening remarks as prepared for… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Oversight & Investigations Subcommittee Hearing Entitled: “Oversight of the SEC”
Time: 9:00 AM ET
Date: Thursday, June 22, 2023
Place: 2220 Rayburn House Office Building
Additional information regarding the hearing—including the… Read more »
Today, the House Financial Services Committee is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans will discuss the Director’s role in responding to recent bank failures, the Bureau’s persistent lack of transparency surrounding rulemakings, and its hyper-partisan regulatory agenda.
Watch Subcommittee Chairman Andy… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to U.S. Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). In the letter, Chairman McHenry demands FSOC revisit its April decision to evaluate risks posed by non-bank financial entities based on size, rather than the activities… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Federal Reserve’s Semi-Annual Monetary Policy Report”
Time: 10:00 AM ET
Date: Wednesday, June 21, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Housing and Insurance Subcommittee Hearing Entitled: “HUD Oversight: Testimony of the HUD Inspector General”
Time: 2:00 PM ET
Date: Wednesday, June 21, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen. Republicans will discuss the state of the international financial system and the operations of the international financial institutions.
Watch Vice Chairman French Hill’s (AR-02) opening remarks here.
Read Vice Chairman Hill’s opening remarks as… Read more »
Today, all Republicans on the House Financial Services Committee—led by Chairman Patrick McHenry (NC-10)—sent a letter to the Securities and Exchange Commission (SEC) demanding that the SEC rescind its proposed rulemaking regarding the definition of “exchange.” The lawmakers highlight how the SEC’s rulemaking exceeds its statutory authority in an effort to push the digital… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the future of the digital asset ecosystem. The Committee will consider discussion drafts to provide statutory frameworks for digital asset regulation and stablecoin issuance. Both discussion drafts will provide robust consumer protections while… Read more »
