Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Biden Treasury Department’s mismanagement of the Emergency Rental Assistance (ERA) programs, as outlined in a newly released report from the Government Accountability Office (GAO) and public reporting:
“The Biden Treasury Department continues to… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with Rep. Tim Ryan (OH-13), and original co-sponsors of the bipartisan Keep Innovation in America Act, sent a letter to Treasury Secretary Janet Yellen ahead of the expected preliminary guidance on the new digital asset reporting requirements. The letter urges her to provide additional clarity to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on National Security, International Development, and Monetary Policy, Andy Barr (KY-06), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43) regarding Russia’s recent aggression towards Ukraine. In the letter, the Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the partisan so-called China competitiveness bill released yesterday by House Democrats:
"This Democrat bill does nothing to combat the rise of the Chinese Communist Party,” said Republican Leader McHenry. “Speaker Pelosi has once again put together a… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43). In the letter, Republican Leader McHenry urges Chair Waters to use future hearings on digital assets to review the current regulatory environment and to prioritize the related issues that must be addressed.
Read the… Read more »
Today marks one year of one-party rule in Washington, with Democrats controlling the House, Senate, and White House. Everywhere you look—from rising prices, to empty store shelves, to weak job creation—our economy is in shambles, thanks to Democrats’ reckless agenda. Meanwhile, Democrats on the House Financial Services Committee have been more focused on rejecting innovation and covering… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Federal Reserve released its Central Bank Digital Currency (CBDC) discussion paper:
“In order for the U.S. payments system to remain the best in the world, private sector innovation must lead the way," said Republican Leader McHenry. "This is… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Biden’s intention to nominate Sarah Bloom Raskin as Vice Chair for Supervision at the Federal Reserve:
“Former Fed Governor Raskin has a long history of distinguished government service,” said Republican Leader McHenry. “I encourage her to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (R-NC), and the top Republican on the Senate Banking Committee, Pat Toomey (R-PA), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter raises serious concerns with Chair Gensler’s decision to limit outside input on rulemakings by providing unreasonably short public… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding the resignation of Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams:
“As Chairman of the FDIC, Jelena McWilliams led with skill and integrity,” said Republican Leader McHenry. “Throughout her career she has been a dedicated public… Read more »
