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McHenry, Hill, Flood Urge CFPB to Revisit Digital Consumer Payment Proposed Rule

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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, Rep. French Hill (AR-02), and Rep. Mike Flood (NE-01) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra regarding the Bureau’s proposed rule “Defining Larger Participants of a…

HEARING NOTICE: The Annual Report of the Financial Stability Oversight Council

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Full Committee Hearing Entitled: “The Annual Report of the Financial Stability Oversight Council” Time: 10:00 AM ET Date: Tuesday, February 6, 2024 Place: 2128 Rayburn House Office Building  Additional information regarding the…

HEARING NOTICE: Subcommittee on Financial Institutions and Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Financial Institutions & Monetary Policy Subcommittee Hearing Entitled: “Rules Without Analysis: Federal Banking Proposals Under the Biden Administration” Time: 10:00 AM ET Date: Wednesday, January 31, 2024 Place: 2128 Rayburn House Office…

HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions

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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: “Better Investment Barriers: Strengthening CCP Sanctions and Exploring Alternatives to Bureaucratic Regimes” Time: 10:00 AM ET Date: Tuesday,…

Huizenga Delivers Remarks at Hearing to Conduct Oversight of the SEC’s Proposed Climate Disclosure Rule

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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’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles.”   Watch Chairman Huizenga’s opening remarks here.   Read Chairman Huizenga’s opening…

McHenry, Barr Bash Harmful CFPB Overdraft Proposal

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) proposed rule regarding overdraft fees. “The proposed rule issued today by the CFPB would…

Luetkemeyer Delivers Remarks at Hearing to Examine the International Financing of Nuclear Energy

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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 Financing of Nuclear Energy.”   Watch Chairman Luetkemeyer’s opening remarks here. Read Chairman Luetkemeyer’s opening…

TIME CHANGE: National Security, Illicit Finance, and International Financial Institutions Subcommittee

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced a change to the following hearing:    TIME CHANGE: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “International Financing of Nuclear Energy”   Time: 2:00 PM ET Date: Wednesday, January 17, 2024 Place:…

House Passes Slate of Bipartisan Financial Services Legislation to Strengthen U.S. National Security

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 Today, the U.S. House of Representatives passed five pieces of bipartisan financial services legislation to bolster our national security by confronting the generational economic threat posed by the Chinese Communist Party’s (CCP), combatting terrorism financing, and decreasing global reliance on Russian agriculture exports. The financial services bills passed by the House…

McHenry to Secretary Fudge: Congress Will Carry Out Its Oversight Duties, We Will Get the Answers the American People Deserve

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing featuring Housing and Urban Development (HUD) Secretary Marcia Fudge. Republicans are holding Secretary Fudge accountable for her routine avoidance of numerous requests to appear before the committee, HUD’s treatment of disabled veterans, and the Department’s gross lack…

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