Today, House Republicans—under the leadership of Speaker Kevin McCarthy—will vote on a bipartisan agreement to get America’s fiscal house in order, while raising the debt limit. For the first time in a debt ceiling negotiation, House Republicans secured historic spending cuts, the largest funding rescissions in history, and pro-growth regulatory reforms. Here’s what notable conservative… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
National Security, Illicit finance, and International Financial Institutions Subcommittee Hearing Entitled: “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency”
Time: 10:00 AM ET
Date: Wednesday, June 7,… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the House of Representatives passed H.R. 3746, the Fiscal Responsibility Act, a bipartisan agreement to cut spending, limit the expansion of the federal government, and grow the economy—while raising the debt ceiling.
“This is the most conservative… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: “Uncertain Debt Management: Treasury Markets and Financial Institutions”
Time: 10:00 AM ET
Date: Tuesday, June 6, 2023
Place: 2128 Rayburn House Office… Read more »
This week, House Financial Services Committee Chairman Patrick McHenry (NC-10) sent a letter to Treasury Secretary Janet Yellen regarding Treasury’s plans to transform CFIUS into a committee on foreign investment in the United States and China through a rumored Executive Order on outbound investment. In the letter, Chairman McHenry expresses concern that restricting outbound… Read more »
Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “International Financial Institutions in an Era of Great Power Competition.”
Watch Chairman Luetkemeyer’s opening remarks here.
Read Chairman… Read more »
Today, the House Financial Services Committee is holding a markup of various measures including legislation to promote capital formation and strengthen accountability for our federal bank regulators. The Committee will also consider a measure that addresses the Federal Housing Finance Agency’s (FHFA) socialist loan-level pricing adjustment proposal.
Watch Chairman… Read more »
Today, the House Financial Services Committee passed several pieces of legislation out of Committee—many of which received bipartisan support—that advance Republicans’ capital formation agenda, increase accountability and transparency for financial regulators following recent bank failures, and reverse the Federal Housing Finance Agency’s disastrous recalibrated single-family… Read more »
Today, the House Financial Services Committee is holding a hearing to conduct oversight of the Federal Housing Finance Agency (FHFA). Republican lawmakers will examine the Agency’s recent actions that undermine housing affordability and scrutinize policies that fail to protect homeowners and taxpayers.
Watch Vice Chairman French Hill’s (AR-02) opening… Read more »
Today, the U.S. House of Representatives passed two pieces of bipartisan financial services legislation, including initiatives to combat the flow of illicit fentanyl into our communities and assess the exposure of the American financial system to the People’s Republic of China (PRC).
The financial services bills passed by the House include:
H.R. 1076, the “Preventing the Financing… Read more »
