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  • McHenry Statement on Calabria Confirmation
    Apr 4, 2019 - WASHINGTON – Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the confirmation of Mark Calabria to be Director of the Federal Housing Finance Agency (FHFA): “Mark Calabria has a long history as a thoughtful leader in the hou... More
  • McHenry warns of 'circus atmosphere' surrounding banks before major hearing
    Apr 2, 2019 - Politically motivated jabs at banks risk distracting lawmakers from addressing serious threats to the U.S. economy, from China's debt bubble to Brexit, the top Republican on the House Financial Services Committee said today. In a speech at the Chamber of Commerce, Rep. Patrick McHenry (R-N.C.) said ... More
  • Ranking Member McHenry: This was a “missed opportunity”
    Mar 28, 2019 - This week, the House Committee on Financial Services held a mark-up of five pieces of legislation: H.R. 389, the "Kleptocracy Asset Recovery Rewards Act" H.R. 1856, the "Ending Homelessness Act of 2019" H.R. 1815, the "SEC Disclosure Effectiveness Testing Act" H.R. 1595, the "Secure and Fair Enforce... More
  • McHenry Statement in Response to Navarro Speech on EXIM
    Mar 28, 2019 - In response to a speech given by Dr. Peter Navarro, Director of the Office of Trade and Manufacturing Policy, at the 2019 Annual Conference of the Export-Import Bank of the United States (EXIM), House Financial Services Committee Ranking Member Patrick McHenry (NC-10) released the following statemen... More
  • McHenry, Luetkemeyer Request Time to Understand Consequences of Cannabis Banking Legislation
    Mar 22, 2019 - WASHINGTON – This week, Republican leaders of the House Financial Services Committee, Patrick McHenry (NC-10) and the Consumer Protection and Financial Institutions Subcommittee, Blaine Luetkemeyer (MO-03), sent a letter to Chairs Maxine Waters and Gregory Meeks requesting they delay consideration o... More
  • Republican lawmakers urge National Flood Insurance Program reform
    Mar 21, 2019 - Republican House Financial Services Committee members called last week for meaningful reform of the National Flood Insurance Program (NFIP). During a recent hearing focusing on the program’s reauthorization, members highlighted the need to modernize the 51-year-old initiative that continues to accum... More
  • McHenry Talks FinTech at CUNA GAC
    Mar 18, 2019 - Jim Nussle, CUNA president/CEO, released the following statement after Congressman Patrick McHenry (R-NC), spoke at the 2019 Credit Union National Association Governmental Affairs Conference (CUNA GAC): “Congressman McHenry is a leading advocate for credit unions. He works to break through the strug... More
  • Republicans Call for Meaningful Reform of National Flood Insurance Program
    Mar 13, 2019 - WASHINGTON – At today’s House Financial Services Committee hearing on reauthorization of the National Flood Insurance Program (NFIP), Republican committee members highlighted the need to modernize the 51 year old program that continues to accumulate debt. In a January letter to Chairwoman Maxine Wat... More
  • Republicans Press Wells Fargo CEO on Efforts to Reform Harmful Culture
    Mar 12, 2019 - WASHINGTON – Today, the House Financial Services Committee held a hearing to receive testimony from Wells Fargo CEO, Tim Sloan. Republican members of the committee examined the Bank’s efforts to identify and remediate all impacted customers as well as change the culture that contributed to widesprea... More
  • Wells Fargo CEO grilled by bipartisan lawmakers over scandals
    Mar 12, 2019 - Michigan representatives were among the lawmakers who blasted Wells Fargo CEO Tim Sloan on Tuesday for the company's recent scandals and its response to them. Sloan told the House Financial Services Committee that the banking company has centralized its structure, beefed up its risk management profi... More