Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a hearing on Facebook’s impact on the financial services sector with CEO Mark Zuckerberg.
Watch Ranking Member McHenry’s remarks here or by clicking on the image above.
Remarks as prepared for… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a hearing on housing finance reform. Witnesses at the hearing included Treasury Secretary Steven Mnuchin, Housing and Urban Development (HUD) Secretary Ben Carson, and Federal Housing Finance Agency (FHFA) Director Mark Calabria.
Read his remarks as… Read more »
Today, the lead Republican on the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced the Financial Services Innovation Act of 2019 to modernize and streamline how innovators interact with regulators.
“Not only is financial innovation critical to our nation’s competitiveness, but it also makes it easier for all Americans to take part in our financial system,” said… Read more »
This week, Democrats continued to push partisan, ill-conceived legislation through the House of Representatives. H.R. 1815, the “SEC Disclosure Effectiveness Testing Act” and H.R. 3624, the “Outsourcing Accountability Act,” neither of which will help everyday investors or strengthen our public markets, dominated this week’s discussions on the House floor, despite accomplishing nothing for… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced the following changes to the committee’s Republican leadership team:
Ranking Member of the Subcommittee on Housing, Community Development, and Insurance – Steve Stivers (OH-15)
Ranking Member of the Subcommittee on National Security, International Development, and Monetary Policy –… Read more »
WASHINGTON – Today, the House Financial Services Committee held a hearing to conduct its semi-annual review of the Consumer Financial Protection Bureau (CFPB). Despite CFPB Director Kathy Kraninger’s work to enhance financial innovation, protect consumers from abusive debt collection practices, and address the Bureau’s fundamental structural issues, Democrats have tried to hamstring the… Read more »
WASHINGTON – House Republicans have selected Congressman William Timmons (SC-4) to serve on the House Financial Services Committee. The top Republican on the Committee, Patrick McHenry (NC-10), issued the following statement in response:
“Congressman Timmons’ experience as a small business owner will make him a valuable addition to the Financial Services Committee as Republicans continue… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a full committee hearing on debt collection practices and the best solutions for consumers and small business owners:
“Thank you, Madam Chair, and thank you to the witnesses for being here.
“A CFPB survey conducted in 2017 found that 63 percent of consumers… Read more »
WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) issued the following statement in response to the U.S. Securities and Exchange Commission’s (SEC) new rule to extend the “test-the-waters” accommodation to all issuers, enabling them to gauge market interest in initial public offerings (IPOs):
“I applaud the SECs commitment to strengthening… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) released the following statement on the appointment of Kristalina Georgieva as the new Managing Director of the International Monetary Fund (IMF).
“I congratulate Kristalina Georgieva and wish her well as she embarks on her new role at the IMF. I hope that Managing Director Georgieva will… Read more »
