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The SEC’s Climate-Change Overreach
Mar 21, 2022
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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 th...
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McHenry Statement on SEC Proposal to Require Disclosures Related to Climate Change
Mar 21, 2022
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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 Administr...
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McHenry: These Are Good and Necessary Legislative Efforts to Hold Russia Accountable for Their Actions
Mar 17, 2022
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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 bipa...
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McHenry, Smith Introduce Legislation to Modernize IRS Filings for Job Creators
Mar 15, 2022
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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...
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McHenry Statement on Biden Executive Order Regarding Digital Assets
Mar 9, 2022
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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....
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McHenry: If Democrats are Looking to Crack the Code on the “Inflation Equation,” I Would Suggest a Little Self-Reflection
Mar 8, 2022
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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 finall...
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Committee Republicans Outline the Real Inflation Equation at Hearing on Skyrocketing Consumer Prices
Mar 8, 2022
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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 equati...
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Financial Services Committee Republican Leaders Demand Chair Waters Markup GOP Proposals to Counter Putin
Mar 8, 2022
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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 R...
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Luetkemeyer, McHenry, Emmer Demand Answers on CFPB Attempt to Usurp FDIC Authority
Mar 7, 2022
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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...
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McHenry Outlines Financial Services Republicans’ Priorities in Letter to Appropriators
Mar 3, 2022
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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 oversigh...
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