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ICYMI: McHenry: How Can You Have Economic Growth If You Can’t Get People to Go Back to Work?
May 27, 2021
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During today’s House Financial Services Committee hearing, Republican Leader Patrick McHenry (NC-10) questioned the bank CEOs on the outlook for jobs and the economy and the challenges we’re facing as we work to recover. The CEOs of some of America’s leading banks agreed with Republican Leader McHen...
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House Republican Committee Leaders Call for a Serious Approach to Competition with China
May 20, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined House Science, Space, and Technology Committee Ranking Member Frank Lucas in a letter to House Speaker Nancy Pelosi and Majority Leader Steny Hoyer urging them to prioritize passing legislation on Am...
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McHenry: Use Advances in Technology to Bring More Unbanked and Underbanked Americans Into the Fold
May 19, 2021
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oday, 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), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Re...
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McHenry Announces Republican Committee Leadership Transition
May 18, 2021
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Today the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced the following changes to the Committee’s Republican leadership team: Ranking Member of the Subcommittee on Housing, Community Development, and Insurance — Rep. French Hill (AR-02) Ranking Member of...
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McHenry Opposes Democrats’ H.R. 2547: Another Attempt to Socialize Our Financial System
May 13, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), spoke on the House floor in opposition to Democrats’ bill to socialize the credit industry, H.R. 2547, the Comprehensive Debt Collection Improvement Act. This legislation will hurt small businesses, increas...
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McHenry: Democrats’ Policies Are Stalling Our Recovery
May 12, 2021
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Today, the House Financial Services Committee is holding a markup of several partisan pieces of legislation from Committee Democrats that would lead to the naming-and-shaming of America’s job creators and weaken our financial system, all under the guise of consumer and investor protection. The April...
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McHenry Reintroduces Gig Worker Equity Compensation Act
May 6, 2021
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The Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced H.R. 2990, the Gig Worker Equity Compensation Act. This legislation will include the gig workforce in the category of workers who are able to benefit from equity compensation, helping them share in...
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ICYMI: McHenry Joins Squawk Box Ahead of Committee’s Third GameStop Hearing
May 6, 2021
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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss his expectations for the Committee’s third GameStop hearing, providing more opportunities for everyday investors, and the Gig Worker Equity Compensation Act, his legi...
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McHenry: Don’t Punish Everyday American Investors with a Democrat Agenda that Results in Fewer Investment Options
May 6, 2021
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Today, the House Committee on Financial Services is holding its third hearing on GameStop. While Committee Democrats will push progressive policies that reduce access to our capital markets under the guise of “consumer protection,” Republicans will highlight the benefits of expanding investment oppo...
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McHenry Statement on Fed Action to Allow FinTech Access to Payment System
May 5, 2021
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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 Federal Reserve’s announcement that they are seeking comment on allowing non-bank financial institutions to access their payment system: “I’m glad that t...
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