Today, the House Financial Services Committee is holding a hearing on the housing market. While Democrats’ out-of-control spending unleashed record inflation, pushing the dream of homeownership out of the reach of many American families, Committee Republicans are focused on creating a sustainable housing finance system that can withstand a market downturn.
Watch Republican Leader Patrick… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Consumer Protections and Financial Institutions, Blaine Luetkemeyer (MO-03) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra.
The letter demands Director Chopra clarify conflicting testimony he delivered to the House… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Housing, Community Development, and Insurance Subcommittee, French Hill (AR-02), sent a letter to Chairwoman Maxine Waters (CA-43) calling on her to invite Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson to testify before the Committee at next… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to Committee Democrats’ report regarding the “meme stock” event of January 2021:
“I first called for a hearing on the GameStop situation to understand the facts on the ground,” said Republican Leader McHenry. “This was an opportunity to explore ways to… Read more »
Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve (Fed) Chair Jerome Powell. While the Fed continues its fight to rein in Democrat-induced inflation, the Biden Administration and Congressional Democrats must abandon their reckless priorities that will undermine the Fed’s response and push consumer prices even higher.
Watch Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a discussion draft of new legislation to modernize financial data privacy laws and give consumers more control over how their personal information is collected and used.
“Republicans are putting the American people back in control of their personal financial data,” said Republican… Read more »
While Financial Services Committee Democrats continue their inflation blame game, Committee Republicans used this week’s markup to discuss the true driver of skyrocketing prices: Democrats’ reckless spending.
Chairwoman Maxine Waters (D-CA): “I warned my staff that whatever issue we bring up today there was going to be an effort by the opposite side of the aisle to basically overtake the… Read more »
Today, the House Financial Services Committee is holding a markup of mostly unrelated, partisan legislation that will do nothing to stabilize consumer prices, bring down the cost of gas, or fix our broken supply chains. Committee Democrats are more focused on scoring “wins” for vulnerable members than addressing the economic devastation caused by their reckless policies.
Watch Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) Advance Notice of Proposed Rulemaking regarding credit card fees.
“This is another attempt by the Biden Administration to force through a progressive priority that Democrats don’t have the votes to… Read more »
House Financial Services Committee Republican Leader Patrick McHenry (NC-10) and U.S. Senator Cynthia Lummis (R-WY), along with 12 of their colleagues, sent a letter to Environmental Protection Agency (EPA) Administrator Michael Regan urging him to fully study the potential environmental impacts of digital asset mining, including beneficial uses, before considering environmental… Read more »
