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McHenry to Yellen: Under the Current Leadership, We’ve Seen FSOC Expand its Regulatory Reach to Fit the Administration’s Political Priorities
Feb 6, 2024
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Treasury Secretary Janet Yellen on the annual report of the Financial Stability Oversight Council (FSOC). Republicans are bringing much-needed accountability to Secretary Yellen’s FSOC f...
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McHenry, Thompson, Hill, Johnson Press Yellen on FSOC’s Calls to Fill Regulatory Gaps in Spot Market for Non-Security Digital Assets
Feb 6, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the House Committee on Agriculture, Glenn “GT” Thompson (PA-15), Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02), and the Chairman of the Commodity...
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McHenry, Barr Probe Federal Reserve Regional Banks’ Ties to Unaccountable Global Governance Organizations
Feb 5, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Financial Institutions and Monetary Policy Subcommittee, Andy Barr (KY-06), sent letters to Federal Reserve Bank of San Francisco President Mary Daly and Federal Reserve Bank of New York P...
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McHenry, Barr, Hill Denounce FDIC’s Lack of Guidance for FinTech Firms and Financial Innovation
Feb 2, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Financial Institutions and Monetary Policy Subcommittee, Andy Barr (KY-06), and Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02) sent a letter t...
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Barr Delivers Opening Remarks at Hearing to Examine Insufficient Analysis in the Biden Administration’s Basel III Endgame Proposal
Jan 31, 2024
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Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Rules Without Analysis: Federal Banking Proposals Under the Biden Administration.” Watch Chairman Barr’s opening remarks here. Read Chairm...
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Financial Services Republicans, Experts Tout Merits of Sanctions & Entity-Based Approach to Restricting U.S. Investment in the CCP’s Military-Industrial Complex
Jan 31, 2024
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This week, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), held a hearing entitled “Better Investment Barriers: Strengthening CCP Sanctions and Exploring Alternatives to Bureaucrat...
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Bipartisan Agreement: Basel III Endgame Proposal’s Lack of Analysis Leaves Economy Vulnerable
Jan 31, 2024
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Today, the Subcommittee on Financial Institutions and Monetary Policy held a hearing on the lack of economic analysis in the Biden Administration’s massive overhaul of bank capital requirements, also known as the Basel III Endgame. Considering the proposal’s significant impact on the availability of...
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Luetkemeyer Delivers Remarks at Hearing on Strengthening U.S. Sanctions Against the CCP
Jan 30, 2024
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Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “Better Investment Barriers: Strengthening CCP Sanctions and Exploring Alternatives to Bureaucra...
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McHenry, Hill, Flood Urge CFPB to Revisit Digital Consumer Payment Proposed Rule
Jan 30, 2024
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, Rep. French Hill (AR-02), and Rep. Mike Flood (NE-01) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra r...
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HEARING NOTICE: The Annual Report of the Financial Stability Oversight Council
Jan 30, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “The Annual Report of the Financial Stability Oversight Council” Time: 10:00 AM ET Date: Tuesday, February 6, 2024 Place: 2128 Rayburn House Offic...
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