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Republican Priorities Included in Financial Services Committee Views & Estimates Document

| Posted in Press Releases

WASHINGTON – Today, the House Financial Services Committee held a markup to consider and approve the views and estimates for matters within the committee’s jurisdiction for fiscal year 2020. Republican committee members offered 7 amendments to the Democrats’ proposed views, including multiple amendments which garnered bipartisan support to address youth homelessness, bolster…

Republicans Press Powell on Balance Sheet & Economic Outlook

| Posted in Press Releases

WASHINGTON – Today, Federal Reserve Chairman Jerome Powell testified before the House Financial Services Committee at the semiannual hearing entitled: Monetary Policy and the State of the Economy. Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), began by highlighting the economy’s “remarkable growth” over the last two and a half years, and…

Financial Services Republican Leader Examines Lack of Innovation, Competition in Credit Reporting System

| Posted in Press Releases

WASHINGTON – Today, CEO’s of the three major Credit Reporting Agencies, Equifax, TransUnion, and Experian North America, testified before the House Financial Services Committee at a hearing entitled: Who's Keeping Score? Holding Credit Bureaus Accountable and Repairing a Broken System. Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), pressed the…

Republicans Push for Comprehensive Approach to Addressing Homelessness

| Posted in Press Releases

WASHINGTON – Today, the House Financial Services Committee held its first full committee hearing of the 116th Congress entitled Homeless in America: Examining the Crisis and Solutions to End Homelessness. Ranking Member Patrick McHenry (NC-10) delivered an opening statement highlighting the far-reaching issue of homelessness and the importance of evaluating our government programs to…

McHenry Statement on President Trump’s State of the Union Address

| Posted in Press Releases

WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement in response to President Donald Trump’s State of the Union address: “Tonight, Congress, and the American people, had the opportunity to hear directly from our Commander in Chief on his vision for our nation as we continue to build on the gains…

McHenry Announces Republican Financial Services Subcommittee Assignments

| Posted in Press Releases

WASHINGTON – Following today’s House Financial Services Committee Organizational Meeting, Ranking Member Patrick McHenry (NC-10), announced Republican subcommittee assignments for the 116th Congress. “The committee took another important step toward organizing in the new Congress and I look forward to working with each of my Republican Colleagues in their new roles,” said Ranking Member…

McHenry Continues Push for Federal Bureaucracy Oversight

| Posted in Press Releases

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the eight Inspectors General (IG) of the agencies within the committee’s jurisdiction requesting an update on the agencies’ efforts to implement the IGs recommendations to reduce waste, fraud, and abuse. Congressman McHenry highlighted the IGs “shared…

Rep. McHenry Probes Agencies' IGs for Cost Cutting Measures

| Posted in In Case You Missed It

The new ranking member on the House Financial Services Committee wants SEC, Treasury, CFPB to tell him by Jan. 24 how the agencies plan to reduce waste, fraud and abuse. Rep. Patrick McHenry, R-N.C., the new ranking member on the House Financial Services Committee, wants eight Inspectors General of the agencies within the committee’s jurisdiction to provide updates on their efforts to…

McHenry Elected to Serve as Ranking Member of the House Financial Services Committee

| Posted in Press Releases

Today, Congressman Patrick McHenry (NC-10) was elected by members of the House Republican Conference to lead the House Financial Services Committee as Ranking Member. McHenry released the following statement after his election: “I am honored to have been selected by my colleagues to serve as the Republican leader of the House Financial Services Committee. Having served on the Committee…

Hensarling Opening Statement at Hearing with Federal Reserve Vice Chairman for Supervision

| Posted in Member Corner

Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s hearing with the Federal Reserve’s Vice Chairman for Supervision Randal Quarles: This morning, we welcome back for his semi-annual testimony, The Honorable Randy Quarles, the Federal Reserve’s Vice Chairman for Supervision. As we know all too well, the Dodd-Frank Act…

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