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McHenry to Chair Gensler: We Have a Constitutional Duty to Conduct Oversight of the Agencies Under Our Jurisdiction and We Will Continue to Do So Aggressively
Apr 18, 2023
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of the Securities and Exchange Commission. Committee Republicans are committed to holding Chair Gensler accountable for his regulation by enforcement approach towards the...
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McHenry, Smith, DelBene, Velazquez Reintroduce Bipartisan Legislation to Modernize IRS Filings for Job Creators
Apr 14, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Representatives Adrian Smith (NE-03), Susan DelBene (WA-01) and Nydia M. Velázquez (NY-07) reintroduced the Eliminating Paperwork for Startups Act for the 118th Congress. This legislation will modernize how 83(b) el...
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McHenry, Wagner Slam Chair Gensler for Ignoring the SEC’s Capital Formation Mandate
Apr 14, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with the Chairman of the Subcommittee on Capital Markets, Ann Wagner (MO-02), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler slamming the Commission for ignoring its capital formation...
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McHenry, Huizenga Call Out Chair Gensler’s “Unacceptable” Failure to Provide Information on Charges Against Sam Bankman-Fried
Apr 13, 2023
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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding that the SEC provide a staff rec...
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HEARING NOTICE: Subcommittees on Digital Assets, Financial Technology and in Inclusion & Capital Markets
Apr 12, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Understanding Stablecoins’ Role in Payments and the Need for Legislation” Time: 10:00 AM ET Dat...
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HEARING NOTICE: Full Committee Hearing on Oversight of the Securities and Exchange Commission
Apr 11, 2023
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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: “Oversight of the Securities and Exchange Commission” Time: 10:00 AM ET Date: Tuesday, April 18, 2023 Place: 2128 Rayburn House Office Building Ad...
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McHenry, Whitehouse Lead Bipartisan, Bicameral Letter Demanding Proposed Beneficial Ownership Reporting Regime Reflect Congressional Intent
Apr 4, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), Senator Sheldon Whitehouse (D-RI) and a bipartisan, bicameral group of lawmakers sent a letter to Treasury Secretary Janet Yellen and Financial Crimes Enforcement Network (FinCEN) acting Director Himamauli Das reg...
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McHenry Slams CFPB’s Disastrous Small Business Lending Data Collection Rule
Mar 30, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) release of its final rule implementing small business lending data collection as directed by the Dodd-Frank Wall Str...
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McHenry Rebukes Biden’s Politicization of Recent Bank Failures
Mar 30, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the White House released a fact sheet politicizing the recent failures of Silicon Valley Bank and Signature Bank. “The Biden Administration continues to politicize the failure...
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McHenry at Hearing on Bank Failures: We Need Competent Financial Supervisors. But Congress Can’t Legislate Competence.
Mar 29, 2023
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing entitled, “The Federal Regulators’ Response to Recent Bank Failures.” Committee Republicans are committed to getting the facts surrounding recent bank failures to assess federal regulators’ r...
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