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De La Cruz Delivers Remarks at Hearing to Examine How Mandates Like ESG Distort Markets and Drive-Up Costs for Insurance and Housing
Jul 14, 2023
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Today, the House Financial Services Subcommittee on Housing and Insurance is holding a hearing entitled “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing.” Watch Vice Chair Monica De La Cruz’s (TX-15) opening remarks here. Read Vice Chair De La Cruz’s opening remark...
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McHenry, Thompson Statement on U.S. District Court Ruling in SEC v. Ripple
Jul 14, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the House Agriculture Committee, Glenn “GT” Thompson (PA-15), issued the following statement regarding the U.S. District Court of the Southern District of New York’s ruling in SEC v. Ripple La...
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WSJ Editorial Board: Cracking the Proxy Advisory Duopoly
Jul 13, 2023
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By The Editorial Board Corporations these days face an onslaught of environmental, social, and governance (ESG) proxy resolutions from progressive investors. But the real driving force behind this campaign is the proxy advisory duopoly, Glass Lewis and Institutional Shareholder Services (ISS). On T...
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Wagner Delivers Remarks at Hearing on Reforming the Proxy Process to Safeguard Investor Interests
Jul 13, 2023
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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled "Reforming the Proxy Process to Safeguard Investor Interests." Watch Chairman Wagner’s opening remarks here. Read Chairman Wagner’s opening remarks as prepared for d...
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Huizenga Delivers Remarks at Hearing to Conduct Oversight of the Proxy Advisory Industry
Jul 13, 2023
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Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of the Proxy Advisory Industry.” Watch Chairman Huizenga’s opening remarks here. Read Chairman Huizenga’s opening remarks as prepared for ...
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McHenry: It’s Time to Get Politics out of Corporate Boardrooms
Jul 12, 2023
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to examine environmental, social, and governance (ESG) policy in financial regulation. Republicans are fighting to protect everyday investors with proposals to reform the proxy voting system,...
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McHenry, Barr, Huizenga, Scott Lead Bicameral Amicus Brief Challenging CFPB’s Funding Structure
Jul 11, 2023
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Chairman Patrick McHenry (R-N.C.-10) of the House Financial Services Committee; Representative Andy Barr (R-Ky.-06), the Chairman of the Subcommittee on Financial Institutions and Monetary Policy; Representative Bill Huizenga (R-Mich.-04), the Chairman of the Subcommittee on Oversight and Investigat...
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HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions
Jul 11, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking” Ti...
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HEARING NOTICE: Subcommittees on Capital Markets and Financial Institutions & Monetary Policy
Jul 11, 2023
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Capital Markets Subcommittee Hearing Entitled: “Oversight of the SEC’s Division of Corporation Finance” Time: 10:00 AM ET Date: Tuesday, July 18, 2023 Place: 2128 Rayburn House O...
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House Passes Slate of Bipartisan Financial Services Legislation
Jul 11, 2023
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Today, the U.S. House of Representatives passed three pieces of bipartisan financial services legislation to facilitate capital formation and mint a commemorative coin in honor of the 250th anniversary of the United States Marine Corps. The financial services bills passed by the House include: H.R. ...
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