Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Securities and Exchange Commission’s (SEC) finalization of a proposal to simplify and improve the exempt offering framework:
“Today’s action by the SEC will help small businesses, their employees, and Main Street investors—while maintaining… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Consumer Financial Protection Bureau’s (CFPB) Debt Collection Practices final rule:
“This will provide clear rules of the road for small businesses and consumers. The CFPB is preserving important protections from harassment, while… Read more »
Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee, Bill Huizenga (MI-2), introduced new legislation to protect investors from Democrats’ harmful tax proposals. The Protecting Retirement Savers and Everyday Investors Act would prohibit states from… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Speaker Pelosi and House Democrats once again pushed through their partisan bill that does not provide relief to small businesses and workers in need:
“It’s shameful that Democrats are once again leaving town without supporting small businesses and their… Read more »
Today, Democrats are pushing through H.R. 6270, the Uyghur Forced Labor Disclosure Act of 2020, in an attempt to appear “tough on China” for political gain. This messaging bill has already been proven unworkable and will only hurt U.S. public companies and does nothing protect the Uyghur people from the Chinese Communist Party’s (CCP) human rights abuses.
The top Republican on the… Read more »
Today, the Task Force on Financial Technology is holding a virtual hearing on the importance of providing an up-to-date regulatory framework that fosters innovation and competition to give more Americans access to critical financial services.
Watch Task Force Ranking Republican Tom Emmer’s (MN-6) opening remarks here.
Read Ranking Republican Emmer’s opening remarks as prepared for… Read more »
Today, the House Committee on Financial Services held a hybrid hearing with Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell on the Administration’s ongoing response to the COVID-19 pandemic and efforts to rebuild the record-breaking economy Americans experienced before the coronavirus.
Watch Ranking Republican Patrick McHenry’s (NC-10) opening remarks… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced new legislation to expand the category of workers that can benefit from equity compensation to the critical gig workforce. H.R. 8280, the Gig Worker Equity Compensation Act, which complements the Pandemic Unemployment Insurance extended to gig workers in the CARES Act, will allow these… Read more »
Today, the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets is holding a virtual hearing where Republican Members will focus on solutions to strengthen our economic recovery and ensure all hardworking Americans share in our comeback. This morning, Ranking Republican Patrick McHenry (NC-10) introduced H.R. 8280, the Gig Worker Equity Compensation Act, a bill to do… Read more »
Today, the House Committee on Financial Services is holding a virtual hearing with the Director of the Federal Housing Finance Agency (FHFA), Dr. Mark Calabria, to discuss the agency’s response to the coronavirus economic and public health crises, and the proactive steps taken by FHFA to protect renters and homeowners.
Watch Ranking Republican Patrick McHenry’s (NC-10) opening remarks… Read more »