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McHenry Introduces New Bill to Help Victims of Human Trafficking Regain their Financial Freedom
Apr 1, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Debt Bondage Repair Act (DBRA) to help the victims of human trafficking regain their livelihood and recover from the financial harm inflicted by traffickers. “Survivors of human trafficking a...
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Republican Committee Leaders Urge FSOC Not to Bow to Political Pressure, Focus on Financial Stability
Mar 30, 2021
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Today, Republican leaders of the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). Ahead of tomorrow’s scheduled FSOC meeting, the Republica...
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McHenry to Secretary Yellen, Chair Powell: Our Economy is Ready to Safely Reopen
Mar 23, 2021
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Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell to discuss their continued response to the COVID-19 pandemic and our accelerating economic recovery. Watch Ranking Member Patrick McHenry’s (NC-10) openi...
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McHenry: Democrats are Using GameStop to Justify More Regulations, Greater Restrictions
Mar 17, 2021
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Today, the full Committee is holding its second GameStop hearing. While Democrats continue to push progressive priorities—like a harmful financial transaction tax (FTT)—under the guise of “consumer protection,” Republicans want to remove the barriers that limit access to our capital markets and prov...
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All Republican Financial Services Members Sign Resolution Detailing Devastating Impacts of Democrats’ Proposed Federal Financial Transaction Tax
Mar 17, 2021
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Today, every Republican Member of the House Financial Services Committee signed onto a resolution condemning attempts to impose a federal financial transaction tax (FTT) on investors, savers, or market intermediaries. With growing calls from Democrats to implement FTTs—to either hamper retail invest...
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ICYMI: McHenry on Squawk Box: Committee Democrats Have Chosen the Outcome Before Learning the Facts on GameStop
Mar 17, 2021
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Today, the Ranking Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss the committee’s second hearing on the GameStop trading saga and the next steps Congress should take to remove hurdles to everyday investors and democratize financial ...
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What They Are Saying: McHenry & Huizenga Bill Receives Widespread Praise for Protecting American Investors and Retirement Savers
Mar 16, 2021
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House Financial Services Committee leaders Patrick McHenry (NC-10) and Bill Huizenga (MI-02) are receiving widespread support for their efforts to protect Americans from Democrats’ harmful tax proposals. The Protecting Retirement Savers and Everyday Investors Act would block states from imposing fin...
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McHenry to SEC: Complete Regulation Crowdfunding Improvements to Support Small Businesses and Our Economic Recovery
Mar 12, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the Acting Chair of the Securities and Exchange Commission (SEC) urging her to uphold the Commission’s independence and follow through on necessary improvements to the Regulation Crowdfu...
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McHenry Reintroduces Bill to Preserve Americans’ Access to Credit
Mar 11, 2021
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Ahead of today’s Consumer Protection and Financial Institutions Subcommittee hearing on helping consumers during the pandemic, Republican leader Patrick McHenry (NC-10) reintroduced legislation to support Americans’ access to credit. H.R. 1645, the Protecting Consumer Access to Credit Act, would mak...
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McHenry Statement on CFPB Decision to Rescind Policy Statement Clarifying “Abusiveness” Standard
Mar 11, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) decision to rescind a policy statement that provided clarity on how it applied the "abusiveness" standard...
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