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McHenry to Secretary Yellen, Chair Powell: Our Economy is Ready to Safely Reopen
Mar 23, 2021
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Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell to discuss their continued response to the COVID-19 pandemic and our accelerating economic recovery. Watch Ranking Member Patrick McHenry’s (NC-10) openi...
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McHenry: Democrats are Using GameStop to Justify More Regulations, Greater Restrictions
Mar 17, 2021
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Today, the full Committee is holding its second GameStop hearing. While Democrats continue to push progressive priorities—like a harmful financial transaction tax (FTT)—under the guise of “consumer protection,” Republicans want to remove the barriers that limit access to our capital markets and prov...
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All Republican Financial Services Members Sign Resolution Detailing Devastating Impacts of Democrats’ Proposed Federal Financial Transaction Tax
Mar 17, 2021
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Today, every Republican Member of the House Financial Services Committee signed onto a resolution condemning attempts to impose a federal financial transaction tax (FTT) on investors, savers, or market intermediaries. With growing calls from Democrats to implement FTTs—to either hamper retail invest...
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ICYMI: McHenry on Squawk Box: Committee Democrats Have Chosen the Outcome Before Learning the Facts on GameStop
Mar 17, 2021
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Today, the Ranking Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss the committee’s second hearing on the GameStop trading saga and the next steps Congress should take to remove hurdles to everyday investors and democratize financial ...
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What They Are Saying: McHenry & Huizenga Bill Receives Widespread Praise for Protecting American Investors and Retirement Savers
Mar 16, 2021
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House Financial Services Committee leaders Patrick McHenry (NC-10) and Bill Huizenga (MI-02) are receiving widespread support for their efforts to protect Americans from Democrats’ harmful tax proposals. The Protecting Retirement Savers and Everyday Investors Act would block states from imposing fin...
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McHenry to SEC: Complete Regulation Crowdfunding Improvements to Support Small Businesses and Our Economic Recovery
Mar 12, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the Acting Chair of the Securities and Exchange Commission (SEC) urging her to uphold the Commission’s independence and follow through on necessary improvements to the Regulation Crowdfu...
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McHenry Reintroduces Bill to Preserve Americans’ Access to Credit
Mar 11, 2021
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Ahead of today’s Consumer Protection and Financial Institutions Subcommittee hearing on helping consumers during the pandemic, Republican leader Patrick McHenry (NC-10) reintroduced legislation to support Americans’ access to credit. H.R. 1645, the Protecting Consumer Access to Credit Act, would mak...
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McHenry Statement on CFPB Decision to Rescind Policy Statement Clarifying “Abusiveness” Standard
Mar 11, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) decision to rescind a policy statement that provided clarity on how it applied the "abusiveness" standard...
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McHenry: Our Economic System Has Brought Us the Best Results for Americans Across the Board
Mar 10, 2021
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Today, the House Financial Services Committee is holding a hearing on fair access to housing and financial services, where Republicans will emphasize that economic freedom, full employment, and rising wages are the most effective ways to lift up all communities, including communities of color. Watch...
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McHenry, Lynch Introduce Bipartisan Legislation to Establish Digital Asset Working Group
Mar 9, 2021
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Congressman Patrick McHenry (R-NC), Republican leader of the House Financial Services Committee, and Congressman Stephen F. Lynch (D-MA), Chair of the Financial Technologies Task Force, introduced H.R. 1602, the Eliminate Barriers to Innovation Act this week. This bipartisan bill will require the Se...
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