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McHenry: Treasury and Fed Prevented the Worst of This Economic Crisis and Saved Millions of Jobs
Dec 2, 2020
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Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin. This is the third quarterly hearing on the implementation of the CARES Act and the federal government’s response to the economic crisis caused by COVI...
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McHenry Statement on Nomination of Former Federal Reserve Chair Yellen to Lead Treasury
Nov 30, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to former Vice President Joe Biden’s decision to nominate former Federal Reserve Chairwoman Janet Yellen to serve as Treasury Secretary: “Janet Yellen demonstra...
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SEC Provides Gig Workers Equity Compensation Options Following McHenry Proposal to Support Non-Traditional Workers
Nov 24, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC) proposal to provide equity compensation options for gig workers: “I’m glad to see the SEC is taking action to ...
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McHenry Statement on OCC Proposed Rule to Ensure Fair Access to Financial Services
Nov 20, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Office of the Comptroller of the Currency’s (OCC) proposed rule to ensure fair access to financial services for lawful businesses: “No lawful company sho...
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McHenry: Chairman Clayton Has Worked Tirelessly on Behalf of Main Street Investors
Nov 16, 2020
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Securities and Exchange Commission (SEC) Chairman Jay Clayton announced his departure from the Commission at the end of the year: “Chairman Clayton has worked tireles...
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McHenry: We Should Focus on Financial Stability and the Important Work of Regulators, Not Politics
Nov 12, 2020
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Today, the House Financial Services Committee is holding a hearing with prudential regulators, including the Office of the Comptroller of the Currency (OCC), the National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reser...
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McHenry Applauds Move to Simplify Exempt Offering Framework and Increase Access to Capital
Nov 2, 2020
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Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Securities and Exchange Commission’s (SEC) finalization of a proposal to simplify and improve the exempt offering framework: “Today’s action by the SEC will h...
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McHenry Statement on CFPB’s Fair Debt Collection Practices Final Rule
Oct 30, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Consumer Financial Protection Bureau’s (CFPB) Debt Collection Practices final rule: “This will provide clear rules of the road for small businesses and consu...
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McHenry, Huizenga Introduce New Bill to Protect Americans’ Retirement Savings
Oct 27, 2020
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Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee, Bill Huizenga (MI-2), introduced new legislation to protect investors from Democrats’ harmful tax proposa...
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McHenry: Democrats Are Once Again Leaving Town Without Supporting Small Businesses
Oct 1, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Speaker Pelosi and House Democrats once again pushed through their partisan bill that does not provide relief to small businesses and workers in need: “It’s shameful tha...
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