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McHenry: This Reckless Action Does Nothing to Help Americans

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after Senate Democrats blocked additional funding for the Paycheck Protection Program: “On the same day we learn that another 6.6 million Americans have filed for unemployment, Congressional Democrats have blocked passage of hundreds of billions of dollars of relief…

McHenry: SEC Has Taken Important Steps to Support Whole-of-Government Coronavirus Response

| Posted in Press Releases

WASHINGTON – Today, House Financial Services Committee Ranking Republican, Patrick McHenry (NC-10), released the following statement in response to the Securities and Exchange Commission’s (SEC) targeted regulatory relief for Business Development Companies (BDCs) in an effort to support job creators across our country: “The SEC has taken a number of important steps over the past few…

McHenry Statement on Additional Paycheck Protection Program Funding

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to calls for additional funding for the Paycheck Protection Program established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act:  “Since the Paycheck Protection Program was stood up, twice as much has been lent through the Small…

Republican Leaders Urge Committee Democrats to Focus on COVID-19 Relief, Not Partisan Policies

| Posted in Press Releases

Today, Republican leaders of the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) urging her to abandon partisan policies and make coronavirus (COVID-19) response and recovery efforts the main priority for the Committee. In recent weeks, Chair Waters has requested federal financial…

Q&A with Ranking Republican McHenry on Small Business Payroll Assistance

| Posted in Press Releases

Today, small businesses around the country can start applying for payroll support through the Paycheck Protection Program. This critical provision in the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act—passed just last week—provides more than $350 billion in small business loans to support those hit hardest by the coronavirus pandemic. House Financial Services…

McHenry on Gig Workers: All Workers Should Benefit from Coronavirus Relief and Recovery

| Posted in In Case You Missed It

Republican Leader of the House Financial Services Committee Patrick McHenry (NC-10) joined Cheddar this morning to discuss his efforts to ensure gig workers benefit from coronavirus emergency relief, take part in our economic recovery, and—most importantly—keep their jobs.  Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law last week, gig workers…

McHenry Statement on Small Business Paycheck Protection Program

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Department of Treasury’s Paycheck Protection Program guidance for small businesses issued today: “Critical provisions of the CARES Act are already being deployed to help Americans in need. Today, Treasury released guidelines to ensure our small…

McHenry Presses for Gig Worker Support in Coronavirus Relief

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter urging Treasury Secretary, Steven Mnuchin, and Securities and Exchange Commission Chairman (SEC), Jay Clayton, to ensure emergency relief and economic recovery benefits all American workers, including “gig” workers. Last week, the Coronavirus, Aid, Relief, and Economic Security…

McHenry Discusses Coronavirus Emergency Relief on Fox Business

| Posted in In Case You Missed It

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined After the Bell on Fox Business to discuss the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is currently being considered in the House. This legislation provides critical support to workers, families, and small businesses hardest hit by the coronavirus (COVID-19)…

McHenry Statement on House Passage of Coronavirus Emergency Relief Package

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on House passage of the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act: “This unprecedented time in our nation’s history calls for an unprecedented response. The CARES Act, while not perfect, is the appropriate action to provide necessary resources…

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