The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), submitted a public comment letter expressing concerns with how two recent Securities and Exchange Commission (SEC) rulemakings could impact the digital asset ecosystem,… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after President Biden announced his intent to nominate Michael Barr as Vice Chair for Supervision at the Federal Reserve:
“Michael Barr’s nomination comes after several failed attempts by President Biden to install left-wing financial regulators in some of our most… Read more »
Today, Financial Services Committee Republican Leader Patrick McHenry (R-NC) and Education and Labor Committee Republican Leader Virginia Foxx (R-NC) sent letters to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra and the Office of Federal Student Aid (FSA) Chief Operating Officer Richard Cordray regarding the agencies’ oversight of the federal student loan… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Consumer Financial Protection Bureau’s (CFPB) Notice of Proposed Rulemaking to implement his bill, H.R. 2332, the Debt Bondage Repair Act:
“I’m glad to see the CFPB move quickly to propose this rule to help survivors of human trafficking regain their… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen. Republicans will discuss the state of the international financial system and hold the Biden Administration accountable for the Treasury Department’s international activities, specifically those at the international financial institutions.
Watch Republican Leader Patrick McHenry’s… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a Staff Report entitled, “Ten Years of the Jumpstart Our Business Startups (JOBS) Act of 2012: How the Law Spurred Capital Formation, and How Congress Can Build on Its Success.”
Read the full report here or by clicking the image… Read more »
Ahead of today’s hearing on financial fees, Committee Republicans sent a letter outlining Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra’s recent actions that could stifle financial inclusion and eliminate consumer choice. A majority of the Republican Members, led by Ranking Member Patrick McHenry (NC-10) and Consumer Protection and Financial Institutions Subcommittee… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC’s) proposal to mandate disclosure of mostly immaterial information related to climate change:
“The Biden Administration is pushing its climate agenda through financial regulators because they… Read more »
Today, the House Financial Services Committee is holding a markup of several bills to further isolate the Putin regime from the international financial system in response to Russia’s invasion of Ukraine. Of the five pieces of legislation being considered at today’s markup, four of the bills are bipartisan, with two led by Republican members.
Watch Republican Leader Patrick McHenry’s… Read more »
Today, Rep. Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, and Rep. Adrian Smith (NE-03), a senior Republican on the House Ways and Means Committee, introduced the Eliminating Paperwork for Startups Act. This legislation will modernize how 83(b) election forms are filed with the Internal Revenue Service (IRS)—making these filings more efficient and… Read more »
