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Financial Services Committee Republicans Call on CFPB Director Chopra to Rescind Anti-Consumer Actions on Nonbank Financial Firms
Dec 14, 2022
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Ahead of today’s hearing, all Republicans on the House Financial Services Committee—led by Chairman-elect Patrick McHenry (NC-10)—sent a letter to Consumer Financial Protection Bureau (CFPB) Rohit Chopra. Republicans are raising concerns with Director Chopra’s recent actions related to nonbank finan...
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McHenry to CFPB Director Chopra: Next Congress, You’ll Wish You Tried Harder to Play by the Rules
Dec 14, 2022
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Today, the House Financial Services Committee is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. In light of Director Chopra’s regulatory overreach and disregard for the rulemaking process, the incoming House Republican majority will pursue aggressive oversi...
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McHenry Slams Gensler’s Proposed Equity Market Structure Overhaul
Dec 14, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the changes to equity market structure proposed today by the Securities and Exchange Commission (SEC): “The U.S. has the most liquid and efficient capital marke...
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McHenry at FTX Hearing: We Have to Separate Out the Bad Actions of an Individual from the Good Created by an Industry and Innovation
Dec 13, 2022
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Today, the House Financial Services Committee is holding a bipartisan hearing to investigate the events surrounding the collapse of digital asset trading platform FTX. Committee Members will question current FTX CEO John Ray to get the answers the firm’s customers and the American people deserve. Wa...
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McHenry Announces Financial Services Republican Priorities Included in FY2023 NDAA
Dec 8, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced several Committee Republican initiatives were included in the final text of the National Defense Authorization Act for fiscal year 2023 (NDAA). The House of Representatives is expected to vote on ...
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McHenry and Maloney Applaud Inclusion of the Financial Transparency Act in FY 2023 NDAA
Dec 8, 2022
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Today, Congressman Patrick McHenry (R-NC, the top Republican on the House Financial Services Committee, and Congresswoman Carolyn B. Maloney (D-NY), a Senior Member of the House Financial Services Committee, applauded the final House passage of the Financial Transparency Act as an amendment to the F...
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McHenry Selected as Chairman of House Financial Services Committee
Dec 7, 2022
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Today, Congressman Patrick McHenry (NC-10) issued the following statement after being selected as Chairman of the House Financial Services Committee for the 118th Congress by the House Republican Steering Committee: “I’m honored to have been selected by my colleagues as the next Chairman of the Hous...
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McHenry at Hearing on Housing Inflation: Doubling Down on Failed Housing Policies is Not the Answer
Dec 1, 2022
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Today, the House Financial Services Committee is holding a hearing on housing inflation. While Democrats advocate for dumping more taxpayer dollars into ineffective programs and an already overheated housing market, Republicans are pushing for commonsense solutions to make homeownership more accessi...
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McHenry, Emmer Lead Inquiry into Boston Fed-Led CBDC Effort
Dec 1, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Republican on the House Financial Services Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), led a letter to Susan Collins, President of the Federal Reserve Bank of Boston, ab...
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McHenry, Waters Announce December Hearing to Investigate FTX Collapse
Nov 16, 2022
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Today, the Ranking Member of the House Financial Services Committee, Congressman Patrick McHenry (R-NC), and the Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), announced a bipartisan hearing into the collapse of FTX and the broader consequences for the digi...
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