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McHenry at Hearing on Bank Failures: We Need Competent Financial Supervisors. But Congress Can’t Legislate Competence.
Mar 29, 2023
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing entitled, “The Federal Regulators’ Response to Recent Bank Failures.” Committee Republicans are committed to getting the facts surrounding recent bank failures to assess federal regulators’ r...
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Committee Republicans Are Conducting a Comprehensive Review of Recent Bank Failures
Mar 28, 2023
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Ahead of tomorrow’s hearing to examine recent bank failures, Republicans on the House Financial Services Committee are working to hold regulators accountable for potential supervisory failures. Through a series of letters, Committee Republicans are conducting a comprehensive review of the events lea...
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Barr, Huizenga, Kim Demand Clarity on Federal Reserve Supervisory Activity Preceding Recent Bank Failures
Mar 24, 2023
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The Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), and Congresswoman Young Kim (CA-40) sent a letter to Vice Chair for Supervision of the Board of Governors of the...
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Barr, Huizenga Demand Information on Financial Stability Oversight Council Meeting Following Recent Bank Failures
Mar 24, 2023
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The Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), sent letters to Financial Stability Oversight Council (FSOC) Chair Janet Yellen and Chair of the Council of ...
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Committee Republicans Demand CA & NY State Regulators Provide Information on Supervisory Efforts Surrounding Recent Bank Failures
Mar 24, 2023
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Republicans on the House Financial Services Committee are demanding the California and New York state-level regulators that supervised Silicon Valley Bank and Signature Bank, respectively, prior to their failures provide information regarding their supervisory efforts, coordination with federal regu...
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Luetkemeyer Delivers Remarks at Hearing on China’s Role in Fueling the Fentanyl Crisis
Mar 23, 2023
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Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled, “Follow the Money: The CCP’s Business Model Fueling the Fentanyl Crisis.” Watch Chairman Luetke...
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McHenry, Hill Demand Details on Biden Administration’s Response to Recent Bank Failures
Mar 23, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Vice Chairman of the House Financial Services Committee, French Hill (AR-02), sent letters to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg and Treasury Secretary Janet Yellen. In the lette...
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WITNESS ADDED: McHenry, Waters Announce First Hearing on Silicon Valley Bank and Signature Bank Failures
Mar 21, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) ...
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McHenry, Scott Demand Answers from Regulators on SVB and Signature Bank
Mar 20, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (R-N.C.), and the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, Tim Scott (R-S.C.), are formally demanding information from the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC...
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McHenry, Waters Announce First Hearing on Silicon Valley Bank and Signature Bank Failures
Mar 17, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) a...
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