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Democrats’ Unworkable Bill Does Nothing to Stop CCP’s Human Rights Abuses
Sep 30, 2020
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Today, Democrats are pushing through H.R. 6270, the Uyghur Forced Labor Disclosure Act of 2020, in an attempt to appear “tough on China” for political gain. This messaging bill has already been proven unworkable and will only hurt U.S. public companies and does nothing protect the Uyghur people from...
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FinTech Task Force Republicans Push for Regulatory Clarity to Spur Innovation
Sep 29, 2020
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Today, the Task Force on Financial Technology is holding a virtual hearing on the importance of providing an up-to-date regulatory framework that fosters innovation and competition to give more Americans access to critical financial services. Watch Task Force Ranking Republican Tom Emmer’s (MN-6) op...
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McHenry: Before COVID We Saw the Best Economy of Our Lifetimes, We Need to Do That Again
Sep 22, 2020
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Today, the House Committee on Financial Services held a hybrid hearing with Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell on the Administration’s ongoing response to the COVID-19 pandemic and efforts to rebuild the record-breaking economy Americans experienced before t...
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McHenry Introduces “Gig Worker Equity Compensation Act”
Sep 17, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced new legislation to expand the category of workers that can benefit from equity compensation to the critical gig workforce. H.R. 8280, the Gig Worker Equity Compensation Act, which complements the...
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McHenry: We Should Be Identifying Solutions That Strengthen Our Economic Recovery
Sep 17, 2020
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Today, the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets is holding a virtual hearing where Republican Members will focus on solutions to strengthen our economic recovery and ensure all hardworking Americans share in our comeback. This morning, Ranking Republican Patrick...
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Committee Holds Hearing on FHFA Actions to Protect Homeowners and Renters During Pandemic
Sep 16, 2020
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Today, the House Committee on Financial Services is holding a virtual hearing with the Director of the Federal Housing Finance Agency (FHFA), Dr. Mark Calabria, to discuss the agency’s response to the coronavirus economic and public health crises, and the proactive steps taken by FHFA to protect ren...
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McHenry: The Best Way to Support State and Local Governments Is Through Strong State and Local Economies
Sep 10, 2020
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Today, the House Committee on Financial Services is once again holding a partisan hearing on Speaker Pelosi’s socialist wish list, the so-called HEROES Act. Instead of working toward a bipartisan solution to provide aid to small businesses in need, Committee Democrats continue to push for additional...
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McHenry, Crapo Call on Treasury and Federal Reserve to Fully Utilize COVID-19 Relief Funds
Aug 10, 2020
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Today, Republican leader of the House Committee on Financial Services, Patrick McHenry (R-NC), and Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, Mike Crapo (R-ID), urged the Treasury Secretary and Federal Reserve Chairman to utilize the remaining funds in the Exchange Stab...
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Republican Leaders to Pelosi: Support for Small Businesses in Need is Non-Negotiable
Aug 7, 2020
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Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the House Small Business Committee, Steve Chabot (OH-1), sent a letter to Speaker Nancy Pelosi calling on her to abandon Democrats’ socialist wish list and focus on bipartisan polici...
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Democrats Again Forego Bipartisanship, Push Through Harmful Financial Services Funding Bill
Jul 31, 2020
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Today, the House Democrats passed their second package of Fiscal Year 2021 appropriations bills, including financial services funding. The partisan package will negatively impact investors, prop-up unfounded postal banking, and support the Chinese Communist Party. The Garcia/Waters amendment, a Spec...
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