News List

By Patrick McHenry and Jay Clayton | March 20, 2022   The Securities and Exchange Commission will propose sweeping new rules this week requiring publicly traded, and perhaps even private, companies to disclose extensive climate-related data and additional “climate risks.”   Setting climate policy is the job of… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC’s) proposal to mandate disclosure of mostly immaterial information related to climate change: “The Biden Administration is pushing its climate agenda through financial regulators because they… Read more »

Today, the House Financial Services Committee is holding a markup of several bills to further isolate the Putin regime from the international financial system in response to Russia’s invasion of Ukraine. Of the five pieces of legislation being considered at today’s markup, four of the bills are bipartisan, with two led by Republican members. Watch Republican Leader Patrick McHenry’s… Read more »

Today, Rep. Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, and Rep. Adrian Smith (NE-03), a senior Republican on the House Ways and Means Committee, introduced the Eliminating Paperwork for Startups Act. This legislation will modernize how 83(b) election forms are filed with the Internal Revenue Service (IRS)—making these filings more efficient and… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Biden’s Executive Order regarding digital assets: “One thing that today’s action makes clear—Congress must legislate,” said Republican Leader McHenry. “We need bipartisan solutions developed through a thoughtful and transparent… Read more »

Today, the House Financial Services Committee is holding the House of Representative’s first hearing solely on inflation entitled, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19.” After months of consumer prices surging at a record pace, Democrats have finally recognized that inflation is hurting American families. However, as the Democrats’ title… Read more »

Today, the House Financial Services Committee held the House of Representatives’ first hearing solely on inflation. While Democrats continued to push misleading claims about the main drivers of inflation, Committee Republicans set the record straight. If Democrats want to solve the “inflation equation”—as their hearing title suggests—they need to look no further than their own reckless… Read more »

Today, House Financial Services Committee Republican Leaders— Ranking Member Patrick McHenry (NC-10), Rep. Andy Barr (KY-06), Rep. Ann Wagner (MO-02), Rep. French Hill (AR-02), and Rep. Bill Huizenga (MI-02)—sent a letter to Chairwoman Maxine Waters (CA-43). The letter demands Chair Waters include Republican proposals to further isolate the Putin regime from the international financial… Read more »

Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection and Financial Institutions, Congressman Patrick McHenry (NC-10), Ranking Member on the House Financial Services Committee, and Congressman Tom Emmer (MN-06), Ranking Member on the Subcommittee on Oversight and Investigations sent letters to Consumer Financial Protection Bureau (CFPB)… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the leaders of the House Appropriations Committee. The letter outlines Financial Services Committee Republicans’ priorities for the fiscal year 2022 omnibus spending bill—including oversight of pandemic relief funds, protecting investors and supporting access to capital,… Read more »