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McHenry Statement in Response to Biden’s State of the Union Address
Mar 1, 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 President Biden’s State of the Union address: “Tonight, President Biden had the opportunity to address his Administration’s failures and offer solutions for the...
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McHenry Statement on Russia’s Invasion of Ukraine
Feb 24, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding Russia’s invasion of Ukraine: “Vladimir Putin’s invasion of Ukraine is as evil as it is dangerous,” said Republican Leader McHenry. “Americans stand with our democra...
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McHenry: American Families and Workers are Hurting, and Democrat Polices are to Blame
Feb 16, 2022
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Today, the House Committee on Financial Services is holding a hearing to evaluate the Emergency Capital Investment Program’s (ECIP) support for Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs). Unfortunately, Democrats’ reckless agenda has slowed our e...
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McHenry Demands More Robust Oversight of ERA Programs in Letters to Yellen and Treasury’s OIG
Feb 14, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent letters to Treasury Secretary Janet Yellen and Deputy Inspector General of the Treasury Department Richard Delmar regarding oversight of the Emergency Rental Assistance (ERA) programs. The letters blas...
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McHenry Statement on Biden Executive Order Seizing Afghanistan’s Reserve Assets in the U.S.
Feb 11, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the Executive Order issued today by the Biden Administration regarding Afghanistan’s reserve assets held in the United States: “This is the result of President Biden’s fail...
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McHenry Slams Treasury for Leaving ERA Programs Vulnerable to Fraud and Abuse, Following GAO Report
Feb 10, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement following the Government Accountability Office’s (GAO) release of a new report outlining Treasury’s failure to conduct basic oversight of the Emergency Rental Assistance progr...
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McHenry Statement Regarding SEC Actions at Today’s Open Meeting
Feb 9, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Securities and Exchange Commission’s (SEC) move to propose shortening the settlement cycle for securities trading and including appropriate public comment period...
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McHenry Applauds Court Ruling Upholding OCC’s “Valid-When-Made” Rule
Feb 9, 2022
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Today, the top Republican on the House Financial Services Committee, released the following statement regarding the District Court for the Northern District of California’s ruling upholding the Office of the Comptroller of the Currency’s (OCC) “Valid-When-Made” rule: “I’m glad to see the court affir...
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McHenry at Hearing on Stablecoins: House Financial Services Committee Will Lead Legislative Effort to Bring Clarity to Digital Asset Ecosystem
Feb 8, 2022
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Today, the House Committee on Financial Services is holding a hearing with Treasury Under Secretary Nellie Liang to examine the President’s Working Group on Financial Markets’ report on stablecoins. With a clear federal regulatory framework, stablecoins hold promise as a potential cornerstone of the...
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McHenry Statement on Passage of House Democrats’ Partisan So-Called China Competitiveness Bill
Feb 4, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after voting against House Democrats’ partisan, so-called China competitiveness legislation: “Congressional Democrats are more focused on stifling American innovation than con...
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