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Financial Services Committee Advances McHenry’s Data Privacy Act
Feb 28, 2023
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Today, the Data Privacy Act of 2023, introduced by Chairman Patrick McHenry (NC-10), passed the House Financial Services Committee during its first markup of the 118th Congress. H.R. 1165 modernizes financial data privacy law and gives consumers more control over how their personal information is co...
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McHenry Statement on SCOTUS Agreeing to Hear Challenge to CFPB’s Funding Structure
Feb 27, 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 Supreme Court’s announcement that it will hear a challenge to the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding structure. “As Re...
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McHenry Introduces New Legislation to Modernize Financial Data Privacy Laws
Feb 24, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Data Privacy Act of 2023. This legislation modernizes financial data privacy laws and gives consumers more control over how their personal information is collected and used—without stifling innovat...
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McHenry Statement on Nomination of Ajay Banga as Next World Bank President
Feb 23, 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 President Biden’s nomination of Ajay Banga as the next President of the World Bank. “Ajay Banga is well qualified to lead the World Bank. His considerable experience ...
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House Committee on Financial Services to Hold First Markup of the 118th Congress
Feb 23, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup: Markup of H.R. 554; H.R. 555; H.R. 1166; H.R. 1076; H.R. 510; H.R. 839; H.R. 1156; H.R. 803; H.R. 1137; H.R. 540; H.R. 1109; H.R. 1165; H.R. 1164; H.R. 1161 Time: 10:00 AM ET Date:...
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McHenry, Scott, Huizenga Demand Information from Gensler on Disastrous Climate Disclosure Proposal
Feb 22, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, Tim Scott (R-SC), and the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (R-MI), sent a letter to Sec...
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McHenry, Luetkemeyer Send Comment Letter Rebuking FinCEN’s Proposal Regarding Access to Beneficial Ownership Information
Feb 16, 2023
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House Financial Services Committee Chairman Patrick McHenry (NC-10) and National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03) sent a comment letter to Treasury Secretary Janet Yellen and Financial Crimes Enforcement Network (Fin...
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McHenry Statement on CBO Debt Limit “X-Date” Projection
Feb 15, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Congressional Budget Office (CBO) released its projection of the so-called “X-Date,” or when the U.S. will exhaust extraordinary measures and become unable to meet its ob...
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McHenry Statement on Biden’s Misguided Selections to Lead White House Economic Team
Feb 14, 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 President Biden’s appointment of the Vice Chair of the Federal Reserve, Dr. Lael Brainard, as the director of the National Economic Council (NEC), and President Bide...
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McHenry, Huizenga Probe Timing of SEC-DOJ Action Against Sam Bankman-Fried
Feb 10, 2023
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Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding records and communications between and among both the SEC’s D...
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