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  • House Panel Approves Bill Overhauling Federal Flood Insurance
    Jun 12, 2019 - Bipartisan bill aims to spur private flood insurance and lower costs for lower-income homeowners WASHINGTON—Lawmakers in the House advanced a bipartisan plan to overhaul the federal flood-insurance program, which has struggled to keep pace with record disaster payouts in recent years. The bill, appr... More
  • “It’s about creating an atmosphere for growth and making sure that entrepreneurship can remain alive.”
    Jun 7, 2019 - GOP Leaders of Financial Services Panel Lay Out Top Priorities for This Year WASHINGTON, DC — The Ripon Society hosted a breakfast discussion Wednesday morning with the Ranking Member and subcommittee Ranking Members of the House Financial Services Committee, who discussed the legislative approach t... More
  • Newsmakers with Representative Patrick McHenry
    May 10, 2019 - Representative Patrick McHenry (R-NC), ranking member of the Financial Services Committee, talked about issues related to his committee’s domain. Topics included Federal Reserve Chair Jerome Powell, President Trump’s difficulties with his recent with central bank nominees, the Consumer Financial Pro... More
  • Top Financial Services Republican presses regulators on Dodd-Frank rollbacks
    May 6, 2019 - The top Republican on the House Financial Services Committee on Friday pressed federal regulators for updates on their efforts to finalize rule rollbacks signed by President Trump in 2018. Rep. Patrick McHenry (R-N.C.), asked the chiefs of five federal financial regulatory agencies for status update... More
  • House passes bills to protect elderly investors
    Apr 30, 2019 - The House today advanced three financial services bills designed to protect both the elderly and young adults. — The Senior Security Act of 2019 H.R. 1876 (116) would create a task force at the SEC to place a priority on senior investors' concerns. — H. Res. 327 (116) seeks to encourage greater publ... More
  • Top Republican rebukes Democrats on bank subpoenas
    Apr 17, 2019 - The top Republican on the House Financial Services Committee today accused Democrats of playing politics by using their investigative powers to subpoena nine big banks as part of probes into President Donald Trump and Russians' illicit use of the financial system. In a letter to Financial Services C... More
  • Washington Examiner: Don't relitigate Dodd-Frank when there are newer, more pressing financial challenges
    Apr 10, 2019 - On Wednesday, for the first time in 10 years, the CEOs of America’s largest banks will appear before Congress to testify at the Financial Services Committee. The last time these banks were assembled before the committee, Chairman Barney Frank, D-Mass., sat atop the dais and the economy had just suff... More
  • Dodd Frank required banks to be bigger, says Rep. Patrick McHenry
    Apr 10, 2019 - The CEOs of America's largest banks will testify on Capitol Hill this morning about how the industry has transformed in the 10 years following the financial crisis. Rep. Patrick McHenry (R-N.C.), ranking member of the House Financial Services Committee , joins "Squawk Box" ahead of the hearing. Dodd... More
  • Take away from banking hearing was banks are giving consumers a lot of choice: McHenry
    Apr 10, 2019 - CNBC's Wilfred Frost talks with Rep. Patrick McHenry (R-N.C.), the ranking republican on the House Financial Services Committee, about the outcome of the big bank CEOs testifying on Capitol Hill. Takeaway from banking hearing was banks are giving consumers a lot of choice: McHenry from CNBC. More
  • Big Bank CEO Hearing 'Searching for a Headline': Rep. McHenry
    Apr 10, 2019 - Representative Patrick McHenry, a North Carolina Republican, discusses the testimony from major U.S. bank chiefs to the House Financial Services Committee with Bloomberg's Kevin Cirilli. (Source: Bloomberg) More