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  • House advances three bills to improve financial oversight
    Jan 30, 2019 - The U.S. House of Representatives advanced three bills that seek to foster better financial oversight of potential bad actors and illegal activities. One of the bills is the Promoting Transparent Standards for Corporate Insiders Act (H.R. 624), sponsored by House Financial Services Chair Rep. Maxine... More
  • Republican Congressman Ranks Cybersecurity, FinTech High on the Priority List
    Jan 25, 2019 - Patrick McHenry says the House should look closely at the effectiveness of regulators' fintech innovation initiatives, as well as the industry's readiness to protect personal information. Congressman Patrick McHenry (R-N.C.) is calling on the House Financial Services Committee to hold hearings in t... More
  • McHenry pushes for financial services hearings, Deutsche Bank records
    Jan 25, 2019 - While most of the focus concerning the House Financial Services Committee in recent weeks has been on the return of Democratic leadership, Rep. Patrick McHenry (R-N.C.) is doing his best to ensure his party’s perspective. This week, the Republican leader of the Committee sent a letter to Chairwoman ... More
  • Fintech in Brief: Ranking Member McHenry Calls for House Financial Services Committee Hearing on Financial Innovation
    Jan 25, 2019 - Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, recently requested in a January 22, 2019 letterto Congresswoman Maxine Waters (D-CA), Chairwoman of the Financial Services Committee, among other topics, a hearing on the regulation of Fintech as a means of... More
  • Lawmakers Promise Fresh Push to Overhaul Housing Finance
    Jan 24, 2019 - White House, Congress look for ways to get Fannie Mae, Freddie Mac out of government conservatorship Lawmakers from both parties plan to take a fresh crack at getting Fannie Mae FNMA -1.98% and Freddie Mac , FMCC -1.05% two companies that underpin nearly half of U.S. mortgages, out of government con... More
  • Deutsche Bank Faces Growing U.S Scrutiny Over Money Laundering
    Jan 24, 2019 - Deutsche Bank AG’s chief executive officer is being questioned by a key Republican lawmaker over what the company is doing to boost money-laundering safeguards amid reports that its U.S. unit may have been a key conduit for billions of dollars of dirty money. Representative Patrick McHenry, the top ... More
  • Measure seeks to curb insider trading
    Jan 24, 2019 - Reps. Patrick McHenry (R-NC) and Maxine Waters (D-CA) introduced last week legislation designed to address insider trading by ensuring corporate insiders inability to engage in the practice via trading plan changes. The Promoting Transparent Standards for Corporate Insiders Act would enable the gove... More
  • GOP Urges Maxine Waters to Examine Brexit, Fannie-Freddie
    Jan 23, 2019 - The top Republican on the House Financial Services Committee wants the panel’s Democratic chair, Maxine Waters of California, to consider holding hearings on issues including Brexit, overhauling Fannie Mae and Freddie Mac and cybersecurity. Patrick McHenry, the ranking member of the panel, sent a le... More
  • McHenry calls for Brexit, Ex-Im Bank hearings at Financial Services panel
    Jan 23, 2019 - Brexit fallout tops a list of proposed hearing targets that House Financial Services ranking member Patrick McHenry has sent to Chairwoman Maxine Waters. In a letter, the North Carolina Republican outlined several "critical areas" for hearings that should be given priority during the first few month... More
  • Congressman McHenry, Ranking Member on the House Finance Services Committee, Requests Series of Hearings – Including Fintech
    Jan 23, 2019 - Congressman Patrick McHenry, the Republican leader of the House Financial Services Committee, has asked Committee Chairwoman Maxine Waters to move forward on hearings in “critical areas that the committee should prioritize in the first months of the new Congress.” The list of hearings requested by M... More