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McHenry Statement on OCC’s Proposed True Lender Rule
Jul 20, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Office of the Comptroller of the Currency’s (OCC) proposed “true lender” rule: “Today’s move by the OCC is another important step toward providing clarity to...
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McHenry to Waters: Americans Need Us to Find Bipartisan Solutions, Not Play Politics
Jul 16, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) expressing his disappointment with Democrats’ decision to hold a hearing on the partisan H.R. 6800, the so-called HEROES Act. Despite the bill being pushed ...
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McHenry Statement on Supreme Court Ruling on the President’s Financial Records
Jul 9, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Supreme Court ruled to send the Trump v. Mazars case, concerning President Trump and his family’s financial records, back to lower courts for further consideration...
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ICYMI: McHenry Joins Bloomberg Surveillance to Discuss Next Steps Toward Economic Recovery
Jul 8, 2020
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Today, the Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), joined Bloomberg’s Surveillance to discuss the path forward to ensure America’s strong economic recovery from the coronavirus pandemic. Watch the full interview here, or by clicking the image above. On k...
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McHenry Statement on CFPB’s Small-Dollar Lending Final Rule
Jul 7, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Consumer Financial Protection Bureau (CFPB) issued its final rule on small-dollar lending: “Now more than ever, it is critical families in need have access to ever...
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Committee Democrats Waste Hearing on Hyper-Partisan Wish List
Jul 7, 2020
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Today, the Subcommittee on National Security, International Development, and Monetary Policy, led by Ranking Republican French Hill (AR-02), held a virtual legislative hearing on H.R. 6918, a bill to hold workers and their employers hostage unless they consent to a Democrat wish list of social manda...
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McHenry: The Main Street Lending Program Will Help Ensure a Strong Economic Recovery
Jul 6, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Federal Reserve Bank of Boston announced the Main Street Lending Program (MSLP) is now fully operational: “Businesses and families across our country are experiencin...
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Committee Holds Hearing with Treasury, Federal Reserve on Coronavirus Economic Response
Jun 30, 2020
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Today, the Committee on Financial Services, led by Republican Leader Patrick McHenry (NC-10), held its first quarterly oversight hearing under the CARES Act with Secretary of the Treasury, Steven Mnuchin, and Chairman of the Federal Reserve, Jerome Powell, to discuss the response to the economic cri...
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McHenry Applauds Supreme Court Ruling on CFPB’s Unconstitutional Structure
Jun 29, 2020
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Today, the U.S. Supreme Court ruled in Seila Law LLC v CFPB that the Consumer Financial Protection Bureau’s (CFPB) leadership structure is unconstitutional. The Court agreed with arguments made by House Republican leadership and Financial Services Committee Republicans that the CFPB's leadership str...
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House Democrats Advance Partisan Housing, Credit Reporting, and Anti-Modernization Legislation
Jun 29, 2020
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Today, House Democrats advanced three partisan Financial Services’ measures to codify longstanding Democrat priorities under the guise of coronavirus relief and consumer support. H.R. 7301:This bill authorizes hundreds of billions of dollars in new spending, effectively tripling HUD’s FY2020 appropr...
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