WASHINGTON – Today, House Financial Services Committee Ranking Republican, Patrick McHenry (NC-10), released the following statement in response to the Securities and Exchange Commission’s (SEC) targeted regulatory relief for Business Development Companies (BDCs) in an effort to support job creators across our country:
“The SEC has taken a number of important steps over the past few… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to calls for additional funding for the Paycheck Protection Program established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act:
“Since the Paycheck Protection Program was stood up, twice as much has been lent through the Small… Read more »
Today, Republican leaders of the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) urging her to abandon partisan policies and make coronavirus (COVID-19) response and recovery efforts the main priority for the Committee.
In recent weeks, Chair Waters has requested federal financial… Read more »
Today, small businesses around the country can start applying for payroll support through the Paycheck Protection Program. This critical provision in the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act—passed just last week—provides more than $350 billion in small business loans to support those hit hardest by the coronavirus pandemic.
House Financial Services… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Department of Treasury’s Paycheck Protection Program guidance for small businesses issued today:
“Critical provisions of the CARES Act are already being deployed to help Americans in need. Today, Treasury released guidelines to ensure our small… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter urging Treasury Secretary, Steven Mnuchin, and Securities and Exchange Commission Chairman (SEC), Jay Clayton, to ensure emergency relief and economic recovery benefits all American workers, including “gig” workers.
Last week, the Coronavirus, Aid, Relief, and Economic Security… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on House passage of the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act:
“This unprecedented time in our nation’s history calls for an unprecedented response. The CARES Act, while not perfect, is the appropriate action to provide necessary resources… Read more »
Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement on the Senate Coronavirus Aid, Relief, and Economic Security (CARES) Act, an important step toward delivering direct support to families and workers that have been hit hardest by the coronavirus (COVID-19) pandemic.
“This is not like any economic or health issue we’ve… Read more »
Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to Democrats’ partisan legislative package circulated earlier today, which includes politically motivated and misguided proposals that do not provide necessary relief to American families and businesses:
“Over the last several days, I have worked with Senate… Read more »
WASHINGTON – Today, Republican members of the House Financial Services Committee introduced legislation to protect public housing residents and individuals experiencing homelessness from coronavirus (COVID-19). These five proposals, in addition to eight bills introduced by Committee leaders last week, are a part of Committee Republicans’ comprehensive approach to addressing… Read more »
