Today, the House Committee on Financial Services is once again holding a partisan hearing on Speaker Pelosi’s socialist wish list, the so-called HEROES Act. Instead of working toward a bipartisan solution to provide aid to small businesses in need, Committee Democrats continue to push for additional funding for states and localities, despite the fact states have only used 25 percent of… Read more »
Today, Republican leader of the House Committee on Financial Services, Patrick McHenry (R-NC), and Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, Mike Crapo (R-ID), urged the Treasury Secretary and Federal Reserve Chairman to utilize the remaining funds in the Exchange Stabilization Fund (ESF) to its fullest extent. The ESF provides a critical economic backstop… Read more »
Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the House Small Business Committee, Steve Chabot (OH-1), sent a letter to Speaker Nancy Pelosi calling on her to abandon Democrats’ socialist wish list and focus on bipartisan policies to help small businesses and their employees impacted by COVID-19.
With the bipartisan… Read more »
Today, the House Democrats passed their second package of Fiscal Year 2021 appropriations bills, including financial services funding. The partisan package will negatively impact investors, prop-up unfounded postal banking, and support the Chinese Communist Party.
The Garcia/Waters amendment, a Special Drawing Rights allocation at the International Monetary Fund (IMF), would provide… Read more »
Today, the House Committee on Financial Services is holding a hybrid hearing with the Director of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, on the Bureau’s work to protect consumers during the coronavirus crisis.
Watch Ranking Member Patrick McHenry (NC-10) and Subcommittee on Consumer Protection and Financial Institutions Ranking Member Blaine Luetkemeyer’s… Read more »
Today, the Financial Services Committee is holding a hearing on the so-called “HEROES” Act, Speaker Pelosi’s progressive wish list that stands no chance of becoming law. Instead of focusing on bipartisan solutions to help American families, workers, and small businesses impacted by COVID-19, Democrats are wasting valuable committee time holding a hearing on legislation that passed the… Read more »
Today, the House Financial Services Committee spent nearly five hours in a hearing on Speaker Pelosi’s partisan wish list, the so-called “HEROES” Act. This legislation passed the house more than two months ago, with bipartisan opposition, and stands no chance of becoming law.
The Top 10 “Greatest Hits” in Democrats’ Partisan Wish List
1. H.R. 6800 incentivizes… Read more »
Today, Congressmen Michael McCaul (R-TX), Greg Walden (R-OR), and Patrick McHenry (R-NC), Republican Leaders on the House Foreign Affairs Committee, House Energy and Commerce Committee, and House Financial Services Committee sent a letter to President Trump, urging the Administration to impose consequences on China-linked hackers who have targeted U.S. institutions, including through… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Office of the Comptroller of the Currency’s (OCC) proposed “true lender” rule:
“Today’s move by the OCC is another important step toward providing clarity to banks and non-banks on the ‘true lender’ doctrine. Clarity will foster greater innovation… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) expressing his disappointment with Democrats’ decision to hold a hearing on the partisan H.R. 6800, the so-called HEROES Act. Despite the bill being pushed through the House by Democrats in May, the Committee will use its limited time to discuss… Read more »
