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McHenry Speaks in Support of Middle Class Borrower Protection Act
Jun 23, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), delivered remarks in support of H.R. 3564, the Middle Class Borrower Protection Act, on the House floor. H.R. 3564, offered by Housing and Insurance Subcommittee Chairman Warren Davidson (OH-08), will reverse the...
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House Passes Subcommittee Chairman Davidson’s Middle-Class Borrower Protection Act
Jun 23, 2023
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The U.S. House of Representatives today passed Subcommittee on Housing and Insurance Chairman Warren Davidson’s (R-OH) Middle-Class Borrower Protection Act of 2023. Under the Biden administration’s Loan-Level Price Adjustment (LLPA) mortgage rule, responsible homebuyers with good credit are forced t...
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Republican ESG Working Group Releases Interim Report
Jun 23, 2023
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Today, the Republican Environmental, Social, and Governance (ESG) Working Group—led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04)—released an interim report outlining Republicans’ efforts to protect the financial interest of everyday investors from progressive activists...
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Huizenga Delivers Remarks at Hearing to Conduct Oversight of the Securities and Exchange Commission
Jun 22, 2023
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Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of the SEC.” Watch Chairman Huizenga’s opening remarks here. Read Chairman Huizenga’s opening remarks as prepared for delivery: “Today’s h...
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Wagner Delivers Remarks at Hearing to Conduct Oversight of the SEC’s Division of Trading and Markets
Jun 22, 2023
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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled, “Oversight of the SEC’s Division of Trading and Markets.” Watch Chairman Wagner’s opening remarks here. Read Chairman Wagner’s opening remarks as prepared for deliv...
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McHenry to Chair Powell: Uncertainty from Fed Supervision and Regulation is the Last Thing the Banking System Needs Now
Jun 21, 2023
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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 i...
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Davidson Delivers Remarks at Hearing to Conduct Oversight of the Department of Housing and Urban Development
Jun 21, 2023
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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 prepa...
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HEARING NOTICE: Subcommittees on Oversight & Investigations and Capital Markets
Jun 15, 2023
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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 Addition...
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Barr to Chopra: The CFPB is Directly Overstepping its Bounds and Serving as Judge, Jury, and Executioner in the Consumer Financial Marketplace
Jun 14, 2023
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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...
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McHenry Demands FSOC Reverse Course on Nonbank Financial Institution Supervisory Guidance
Jun 14, 2023
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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 ris...
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