Press Releases

Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of Silicon Valley Bank and Signature Bank: GAO’s Preliminary Review.”   Watch Chairman Huizenga’s opening remarks here.   Read Chairman Huizenga’s opening remarks as… Read more »

House Financial Services Committee Chairman Patrick McHenry (NC-10) and Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) were joined by Committee leadership in a comment letter to the Securities and Exchange Commission (SEC) demanding that the SEC rescind its proposed rule increasing the cost of offering custodial services for registered… Read more »

Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise”   Time: 9:00 AM ET Date: Thursday, May 18, 2023 Place: 2128… Read more »

Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion, led by Chairman French Hill (AR-02), is holding a joint hearing with the House Agriculture Committee’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development entitled “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Housing and Insurance, Warren Davidson (OH-08), issued the following statements after the Federal Housing Finance Agency (FHFA) announced it would rescind its unworkable upfront Debt-to-Income fee. “I’m glad to see the FHFA rescind its unworkable… Read more »

oday, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Federal Responses to Recent Bank Failures.” Watch Chairman Barr’s opening remarks here. Read Chairman Barr’s opening remarks as prepared for delivery:   “Thank you to our… Read more »

House Financial Services Committee Chairman Patrick McHenry (NC-10) and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding that the Commission produce outstanding documents previously requested by the Committee. These materials include information related to charges… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Financial Institutions and Monetary Policy and Oversight and Investigations Joint Subcommittee Hearing Entitled: “Continued Oversight Over Regional Bank Failures” Time: 10:00 AM ET Date: Wednesday, May 17, 2023 Place: 2128 Rayburn House Office… Read more »

he Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to House Appropriations Committee Chairwoman Kay Granger (TX-12) and Ranking Member Rosa DeLauro (CT-03). In the letter, Chairman McHenry outlines Committee Republicans’ priorities for fiscal year (FY) 2024 appropriations, including rescission of unspent “emergency” funds, strengthening… Read more »

Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Full Committee Hearing Entitled: “Oversight of Prudential Regulators”   Time: 10:00 AM ET Date: Tuesday, May 16, 2023 Place: 2128 Rayburn House Office Building   Additional information regarding the hearing—including the livestream,… Read more »