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  • McHenry Pushes for Regulatory Relief to Ensure Economic Recovery from COVID-19
    May 8, 2020 - 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... More
  • Committee to Hold Bipartisan Virtual Roundtable with Financial Regulators
    May 8, 2020 - 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 roundtab... More
  • Financial Services Republicans are Leaders in the Coronavirus Recovery Effort
    May 7, 2020 - 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 Sub... More
  • FHFA Launches Tools to Help Renters Facing Financial Hardship
    May 5, 2020 - The Federal Housing Finance Agency (FHFA) has launched a set of tools designed to help America’s renters understand the resources available to them if they are experiencing a financial hardship due to the coronavirus pandemic. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, any... More
  • Paycheck Protection Program Loans Support America’s Smallest Businesses
    May 4, 2020 - The Paycheck Protection Program (PPP)—an important small business aid program created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act—is providing critical support for America’s small businesses across the country. In fact, a report issued yesterday by the Small Business Administra... More
  • McHenry Supports Regulation Crowdfunding Relief, Pushes for More Support for Small Businesses
    May 4, 2020 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC) announcement that it is providing temporary and conditional relief for companies impacted by COVID-19 looking to ... More
  • Paycheck Protection Program Loans Continue to Save American Jobs
    Apr 29, 2020 - The Paycheck Protection Program (PPP)—an emergency small business aid program created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act—continues to be a lifeline for America’s small businesses across the country. The Small Business Administration (SBA) and Treasury Department are wo... More
  • COVID-19 concerns prompt new interest in cashless payments
    Apr 28, 2020 - By Steven Harras | April 28, 2020 The COVID-19 pandemic has fanned public concerns that the coronavirus could be transmitted by handling cash, according to a recent report by the Switzerland-based Bank of International Settlements, prompting merchants and members of Congress to contemplate more san... More
  • Resources for Consumers Facing Financial Hardship due to Coronavirus
    Apr 27, 2020 - The Consumer Financial Protection Bureau (CFPB) has a variety of resources for consumers who are facing financial hardship as a result of the ongoing coronavirus (COVID-19) crisis. These resources include information for homeowners struggling to make payments on their mortgage, information on the di... More
  • McHenry, Walden, Brady Oppose Pelosi’s Plan to Create Partisan COVID-19 Oversight Subcommittee
    Apr 23, 2020 - Today, Republican leaders of the House Committees on Financial Services, Energy and Commerce, and Ways and Means sent a letter to Speaker Nancy Pelosi in opposition to Democrats’ plan to create a partisan and duplicative select subcommittee to review the Administration’s ongoing COVID-19 response. R... More