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  • CNBC: Republican draft bill would tighten rules for finance firms using customer information
    Jun 23, 2022 - By Lauren Feiner, CNBC A new draft bill lays the groundwork for how House Republicans will tackle financial data privacy if they win back the majority in the chamber this November. The discussion draft would modernize a financial data protection law known as the Gramm-Leach-Bliley Act. It could end ... More
  • The U.S. Should Stay Its Course
    Sep 24, 2021 - By Rep. Blaine Luetkemeyer and Rep. Bill Huizenga This summer, regulators in China blocked Didi Chuxing, the country’s largest ride-hailing service, from signing up new customers through its app after Chinese regulators claimed the company was lax in protecting users’ personal data. This move follow... More
  • Don’t Let China Rewrite the Rules for the Global Economy
    Sep 24, 2021 - By Rep. French Hill and Rep. Tom Emmer The World Health Organization’s (WHO) ineptitude in the early days of COVID-19 shed light on China’s growing influence over international institutions. The decline of the WHO should serve as a warning as China seeks to expand its malign reach, particularly in e... More
  • How to Beat China—America’s Way
    Sep 24, 2021 - By Rep. Andy Barr and Rep. Ann Wagner Leaders of the Chinese Communist Party (CCP) are engaged in an organized, coordinated effort to usurp the United States as the world’s preeminent economic, military and technological power. Defending against these advances is one of the most significant geopolit... More
  • How the U.S. Can Beat China
    Sep 24, 2021 - By Rep. Patrick McHenry 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 administr... More
  • Op-ed: We need a better plan to get Americans back to work
    Jul 15, 2021 - By Rep. Patrick McHenry, R-N.C. | July 15, 2021 This year began with a question about whether we had done enough to secure a full economic recovery. Now the question is: can our economy handle this recovery? Prices are rising and they are rising fast — unsound fiscal policy and government spending a... More
  • While Democrats Play Political Games, Financial Institutions Continue to Work for Small Businesses
    Apr 20, 2020 - Just two weeks after being stood up, funding for the Paycheck Protection Program (PPP)—a popular and necessary program for America’s struggling small businesses—ran out. While Republican efforts to replenish this fund have been stalled, financial institutions of all sizes are stepping up to ensure t... More
  • Hensarling Opening Statement at Hearing with Federal Reserve Vice Chairman for Supervision
    Nov 14, 2018 - Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with the Federal Reserve’s Vice Chairman for Supervision Randal Quarles: This morning, we welcome back for his semi-annual testimony, The Honorable Randy Quarles, the Federal Rese... More
  • Groups Praise House Efforts in Regulatory Reform Package
    May 21, 2018 - In the years following the recent financial crisis, our community financial institutions have cited costly, burdensome, and one-size-fits-all Washington regulations as major roadblocks to their ability to grow and serve their customers. Over the past several months, the House of Representatives has ... More
  • Subcommittee Examines CFIUS
    Mar 15, 2018 - The Subcommittee on Monetary Policy and Trade met today to evaluate the operations of the Committee on Foreign Investment in the United States (CFIUS) and the challenges it faces by a changing global economy. “Today’s hearing is the third time this Congress that the Subcommittee has publicly examine... More