The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) proposed rule setting stronger capital requirements for Fannie Mae and Freddie Mac:
“This is a critical step toward fixing our broken housing finance system. This proposed rule is a part of Director Calabria and… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Comptroller of the Currency Joseph Otting announced he will step down from his current position at the OCC:
“Comptroller Otting has made a lasting impact on our nation’s financial system during his time in public service. Joseph has been an advocate for… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Office of the Comptroller of the Currency (OCC) released its final rule to modernize the Community Reinvestment Act (CRA):
“I’m glad to see the OCC move to strengthen the CRA through modernization. This update reflects the transformation of banking… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Office of the Comptroller of the Currency (OCC), Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration’s (NCUA) joint guidance on small-dollar lending:
“Millions of Americans facing financial… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Speaker Pelosi and Congressional Democrats pushed through their partisan proposals to codify their liberal agenda and dismantle House rules—leaving the American people without the support or representation they need in this unprecedented… Read more »
WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined the Ranking Members of all standing and select committees in a letter to Majority Leader Steny Hoyer (D-M.D.) opposing the Democrats’ partisan assault on the rights of the House Minority in H.Res 965.
“When the Majority first released proposed rule changes a few weeks… Read more »
Yesterday, the Subcommittee on Consumer Protection and Financial Institutions held its first virtual roundtable with prudential regulators to discuss their response to the recent economic dislocation caused by the coronavirus (COVID-19) public health crisis.
Republican Leader Patrick McHenry (NC-10) and Chairwoman Maxine Waters (CA-43) came to agreement on bipartisan guidelines for… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent letters to financial regulators urging them to “finalize outstanding rules that will stimulate economic growth and to repeal existing regulations that hinder employers from directing resources to their employees and their communities.”
The Ranking Member has repeatedly pushed regulators to… Read more »
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that on Wednesday, May 13, Consumer Protection and Financial Institutions Subcommittee Chairman Gregory Meeks (D-NY) and Ranking Member Blaine Luetkemeyer (R-MO) will host a virtual roundtable discussion entitled, “Update from Prudential Regulators.”
Panelists for the… Read more »
Republican Members of the House Financial Services Committee are playing a critical role in Congress’ ongoing response to the coronavirus (COVID-19) pandemic. Several Republicans on the Committee have been chosen to serve as members of the CARES Act Congressional Oversight Commission, the Select Subcommittee on the Coronavirus Crisis, the GOP China Task Force, and the President’s Opening… Read more »
