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  • McHenry: Republicans Will Continue to Work to Advance Solutions, Not Soundbites
    May 22, 2019 - WASHINGTON – Today, House Democrats chose to put politics ahead of consumers by passing partisan legislation to alter portions of the Consumer Financial Protection Bureau (CFPB). H.R. 1500, the Consumers First Act, ignores the fundamental flaw of the CFPB, its unaccountability, which Republicans hav... More
  • McHenry Applauds HUD Modernization, Increased Opportunities for All Americans Under Carson
    May 21, 2019 - WASHINGTON – Today, the House Financial Services Committee held a hearing to receive testimony from the Housing and Urban Development (HUD) Secretary, Ben Carson. The Republican leader of the Committee, Patrick McHenry (NC-10), applauded Secretary Carson’s efforts to bring much needed reform to the ... More
  • McHenry Urges Regulators to Implement Regulatory Right-Sizing, Consumer Protection Policies
    May 16, 2019 - WASHINGTON – Today, the House Financial Services Committee held a hearing to receive testimony from the Chair of the National Credit Union Administration, Rodney Hood; Chair of the Federal Deposit Insurance Corporation, Jelena McWilliams; Comptroller of the Currency, Joseph Otting; and Vice Chair of... More
  • House Passes Four Bipartisan Financial Services Bills
    May 14, 2019 - WASHINGTON – Today, the U.S. House of Representatives advanced four bipartisan Financial Services bills: H.R. 389, the Kleptocracy Asset Recovery Rewards Act; H.R. 1037, the Banking Transparency for Sanctioned Persons Act; H.R. 1060, the BUILD Act; and a short-term extension of the National Flood In... More
  • Newsmakers with Representative Patrick McHenry
    May 10, 2019 - Representative Patrick McHenry (R-NC), ranking member of the Financial Services Committee, talked about issues related to his committee’s domain. Topics included Federal Reserve Chair Jerome Powell, President Trump’s difficulties with his recent with central bank nominees, the Consumer Financial Pro... More
  • Strong Bipartisan Collaboration on Financial Services Legislation
    May 9, 2019 - WASHINGTON – This week, the House Financial Services Committee favorably reported five pieces of legislation out of committee, many with strong bipartisan collaboration and support. Additionally, the Committee passed two resolutions to establish the Financial Technology (FinTech) and Artificial Inte... More
  • McHenry and Waters Introduce Flood Insurance Extension; Commit to Working on Long-Term Reauthorization
    May 9, 2019 - WASHINGTON – Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, announced that they have introduced legislation (H.R. 2578) to extend the National Flo... More
  • McHenry Continues Push for Consumer Focused Agenda
    May 7, 2019 - WASHINGTON – Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent letters to several financial regulators on Friday requesting a status update on their agencies’ efforts to implement regulations that would “promote economic growth and competition in our marketpl... More
  • Top Financial Services Republican presses regulators on Dodd-Frank rollbacks
    May 6, 2019 - The top Republican on the House Financial Services Committee on Friday pressed federal regulators for updates on their efforts to finalize rule rollbacks signed by President Trump in 2018. Rep. Patrick McHenry (R-N.C.), asked the chiefs of five federal financial regulatory agencies for status update... More
  • Republicans Advocate for Innovative Approach to Addressing Affordable Housing
    Apr 30, 2019 - WASHINGTON – Today, the House Financial Services Committee held a hearing to examine proposed Democrat legislation that would infuse $92.1 billion into government housing programs, with no reform or modernization of these depression-era plans. Republican leader of the committee, Patrick McHenry (NC-... More