News List

  • McHenry Statement on House Passage of Coronavirus Emergency Relief Package
    Mar 27, 2020 - The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on House passage of the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act: “This unprecedented time in our nation’s history calls for an unprecedented response. T... More
  • McHenry on CARES Act: The American People Need this Done Quickly
    Mar 26, 2020 - The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Bloomberg Markets: Balance of Power to discuss the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is expected to be considered in the House tomorrow. This legislation provides ... More
  • McHenry Statement on Senate Coronavirus Emergency Relief Agreement
    Mar 25, 2020 - Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement on the Senate Coronavirus Aid, Relief, and Economic Security (CARES) Act, an important step toward delivering direct support to families and workers that have been hit hardest by th... More
  • McHenry: Democrats are Taking Advantage of this Crisis for Political Gain
    Mar 23, 2020 - Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to Democrats’ partisan legislative package circulated earlier today, which includes politically motivated and misguided proposals that do not provide necessary relief to A... More
  • Republicans Introduce Bills to Protect Public Housing Residents and the Homeless
    Mar 19, 2020 - WASHINGTON – Today, Republican members of the House Financial Services Committee introduced legislation to protect public housing residents and individuals experiencing homelessness from coronavirus (COVID-19). These five proposals, in addition to eight bills introduced by Committee leaders last wee... More
  • FDIC Joins Committee Republicans in Efforts to Delay CECL During Pandemic
    Mar 19, 2020 - Today, the Federal Deposit Insurance Corporation (FDIC) Chair, Jelena McWilliams, took an important step to ensure financial institutions are able to lend to businesses and consumers impacted by the coronavirus (COVID-19) by pushing for a delay in implementing the ill-advised Current Expected Credit... More
  • McHenry on Defense Production Act: This is an Aggressive and Necessary Move
    Mar 18, 2020 - WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after President Trump invoked the Defense Production Act (DPA) in the ongoing fight against coronavirus (COVID-19): “This is an aggressive and necessary move b... More
  • Trump Administration Suspends Foreclosures and Evictions During Coronavirus
    Mar 18, 2020 - Today, the Federal Housing Finance Agency (FHFA) and the Trump Administration took a bold step to prevent homeowners with loans insured by the Federal Housing Administration (FHA) or owned by Fannie Mae or Freddie Mac from being foreclosed upon or evicted during this national emergency. Key facts fr... More
  • Regulators make it easier for banks to lend under stress
    Mar 17, 2020 - By Victoria Guida | March 17, 2020 Federal bank regulators today moved to make it easier for lenders to reduce their loss-absorbing capital as they aim to clear the path for banks to keep credit flowing amid economic stress from the coronavirus pandemic. The move adjusts capital rules so the penalt... More
  • McHenry Highlights Ways to Mitigate Coronavirus Impact on Financial Health
    Mar 17, 2020 - As coronavirus (COVID-19) continues to affect Americans from all walks of life, borrowers can take action now to mitigate the impact of a missed mortgage payment. The Federal Housing Finance Agency (FHFA) and Federal Housing Administration (FHA) have taken steps to remind borrowers of hardship forbe... More