Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following organizational meeting:   House Committee on Financial Services Organizational Meeting, 118th Congress   Time: 1:00 PM ET   Date: Wednesday, February 1, 2023   Place: 2128 Rayburn House Office Building   Additional information… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced Subcommittee Assignments for the 118th Congress. “I congratulate all of our Republican members on their subcommittee assignments for the 118th Congress,” said Chairman McHenry. “With such a competent and dynamic team, Committee Republicans are ready to hit the ground running… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to President Joe Biden’s nomination of Ron Borzekowski as the head of the Office of Financial Research (OFR) at the U.S. Treasury Department. “The days of Democrats using critical financial regulators to push progressive priorities with zero consequences… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the Financial Services Committee’s subcommittees, as well as Chairs and jurisdiction for the 118th Congress. “Committee Republicans are ready to deliver on our promises made to the American people,” said Chairman McHenry. “This slate of subcommittee Chairs will be the drivers of… Read more »

House Financial Services Committee Chairman Patrick McHenry (R-NC ), Congresswoman Elise Stefanik (R-NY), House Ways and Means Chairman Jason Smith (R-MO), and House Committee on Oversight and Accountability Chairman James Comer (R-KY) today introduced the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill would require the administration to… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) recent actions regarding the registration of nonbank financial firms. “This is another attempt by Director Chopra to unilaterally expand the CFPB’s authority beyond Congress’ intent and to mandate what… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the new Committee members recommended by House Republican Steering Committee. “I’m proud to welcome all of our new and returning members to the House Financial Services Committee under Republican leadership,” said Chairman McHenry. “From oversight of the Biden Administration, to enhancing… Read more »

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced H.R. 9556, the Financial Services Innovation Act, to modernize and streamline how innovators interact with regulators to build a more inclusive financial system. “It’s critical for our regulatory process to work with financial innovation, instead of against it,” said Chairman-elect… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Task Force on Financial Technology, Warren Davidson (OH-08), sent a letter to Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen. In light of tightening financial conditions due to the Federal Reserve’s fight against Democrat-induced… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Financial Crimes Enforcement Network’s (FinCEN) release of a Notice of Proposed Rulemaking regarding access to beneficial ownership information. “Today’s Notice of Proposed Rulemaking issued by FinCEN does not prioritize… Read more »