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McHenry Statement on Repurposing ESF Funds
Dec 16, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the funds appropriated by Congress in the CARES Act remaining in the Exchange Stabilization Fund (ESF) and how that money should be repurposed: "In March, I pushed for $500...
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McHenry: It’s Time to Permanently Repeal Dodd-Frank’s Unnecessary Mandatory Disclosures
Dec 16, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Securities and Exchange Commission (SEC) adopted a rule regarding resource extraction issuers: “It’s time to permanently repeal Dodd-Frank’s costly and unnecess...
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McHenry Statement on Nomination of Rep. Fudge to Lead HUD
Dec 10, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to former Vice-President Joe Biden’s decision to nominate Congresswoman Marcia Fudge (OH-11) to serve as Secretary of Housing and Urban Development (HUD): “The ...
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McHenry Statement on QM Final Rules to Provide Clarity to Mortgage Industry
Dec 10, 2020
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WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Consumer Financial Protection Bureau (CFPB) issued final rules on qualified mortgage (QM) loans to provide clarity to mortgage market participants:...
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McHenry Re-Elected to Serve as Republican Leader of the House Financial Services Committee
Dec 3, 2020
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Today, Congressman Patrick McHenry (NC-10) was re-elected by members of the House Republican Conference to continue to lead the House Financial Services Committee as Ranking Member. McHenry released the following statement after his re-election: “It’s an honor to have two more years as the Committee...
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Historic Small Business Data Protections Included in NDAA
Dec 3, 2020
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The Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the bipartisan beneficial ownership conference agreement included in the Fiscal Year 2021 National Defense Authorization Act (NDAA) to provide the strongest protections in the...
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McHenry: Treasury and Fed Prevented the Worst of This Economic Crisis and Saved Millions of Jobs
Dec 2, 2020
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Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin. This is the third quarterly hearing on the implementation of the CARES Act and the federal government’s response to the economic crisis caused by COVI...
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McHenry Statement on Nomination of Former Federal Reserve Chair Yellen to Lead Treasury
Nov 30, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to former Vice President Joe Biden’s decision to nominate former Federal Reserve Chairwoman Janet Yellen to serve as Treasury Secretary: “Janet Yellen demonstra...
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SEC Provides Gig Workers Equity Compensation Options Following McHenry Proposal to Support Non-Traditional Workers
Nov 24, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC) proposal to provide equity compensation options for gig workers: “I’m glad to see the SEC is taking action to ...
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McHenry Statement on OCC Proposed Rule to Ensure Fair Access to Financial Services
Nov 20, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Office of the Comptroller of the Currency’s (OCC) proposed rule to ensure fair access to financial services for lawful businesses: “No lawful company sho...
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