The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), introduced H.R. 5458, the Small Entrepreneurs’ Empowerment and Development (SEED) Act of 2021. The SEED Act will create a new, permanent micro-offering exemption to help small businesses access capital to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the Congressional Budget Office (CBO) requesting a full cost estimate for the portion of the Democrats’ partisan spending package in the Committee’s jurisdiction. The Ranking Member called out Committee Democrats for considering these provisions last month without knowing the… Read more »
Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen, amid Democrats’ push to destroy our economic recovery with their partisan tax-and-spending spree.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here.
Read Republican Leader McHenry’s opening remarks as prepared for… Read more »
By Patrick McHenry | September 24, 2021
As the Biden administration’s inept evacuation from Afghanistan unfolded in August, the president sought to change the subject by saying that an exit would help Americans focus on a more serious threat: China. But with its Afghan policy so disastrously executed, the administration’s… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined the House Financial Services Committee Vice Chair Congressman Jake Auchincloss (MA-04) in introducing H.R. 5232, the Working Dog Commemorative Coin Act. This bipartisan bill will instruct the U.S. Mint to develop a commemorative coin series honoring the critical role working dogs play in our… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Joe Biden’s nomination of Saule Omarova to lead the Office of the Comptroller of the Currency (OCC):
“President Biden is once again placating his radical base by nominating Saule Omarova as the head of the OCC,” said Republican Leader… Read more »
Today, the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) for fiscal year 2022. Provisions of the Eliminate Barriers to Innovation Act and the Debt Bondage Repair Act—two crucial, bipartisan bills sponsored by Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee—were included in the legislative package.
“The NDAA is one… Read more »
Today, Democrats on the House Financial Services Committee advanced their portion of the $3.6 trillion reconciliation monstrosity that will slow our economic recovery, kill jobs, and further drive up the cost of housing. In their rush to pass their tax-and-spending spree, Committee Democrats voted down 25 commonsense Republican amendments that would protect taxpayers, increase… Read more »
Today, the House Committee on Financial Services continued its markup by considering Democrats’ partisan Emergency Rental Assistance (ERA) reform legislation. Instead of expediting payments from the ERA programs, Committee Democrats’ bill would slow the pace of much needed relief for renters and property owners.
Republican Leader Patrick McHenry (NC-10) offered an amendment to replace… Read more »
Today, the House Committee on Financial Services is holding a markup of its portion of Democrats’ partisan $3.6 trillion spending package that would fundamentally restructure Americans’ relationship with the federal government. Democrats’ tax-and-spending spree would be disastrous for our economic recovery—leading to sluggish growth, weak job creation, and further consumer price… Read more »
