WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) issued the following statement in response to the U.S. Securities and Exchange Commission’s (SEC) new rule to extend the “test-the-waters” accommodation to all issuers, enabling them to gauge market interest in initial public offerings (IPOs):
“I applaud the SECs commitment to strengthening… Read more »
Rep. Patrick McHenry introduces bill requiring central bank to report on security preparations
The top Republican lawmaker on an influential House committee wants the Federal Reserve to be more open about its cybersecurity preparations.
Rep. Patrick McHenry (R., N.C.), the ranking member of the House Financial Services Committee, this week introduced legislation that would compel the… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) released the following statement on the appointment of Kristalina Georgieva as the new Managing Director of the International Monetary Fund (IMF).
“I congratulate Kristalina Georgieva and wish her well as she embarks on her new role at the IMF. I hope that Managing Director Georgieva will… Read more »
Washington – Congresswoman Carolyn B. Maloney (D-NY), Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, Tuesday introduced The Financial Transparency Act.
The legislation will make financial data more easily available and… Read more »
WASHINGTON – Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) introduced new legislation to ensure the Federal Reserve is prioritizing cybersecurity and modernization to combat the growing threat of cyberattacks to our financial system.
“This summer, more than a million people fell victim to the most recent high-profile theft of customer… Read more »
Today, the Committee held a hearing with all five of the U.S. Securities and Exchange Commission (SEC) commissioners under the Democrats’ false pretense that the Commission is not fulfilling its mission. While Committee Democrats pushed their partisan, anti-growth agenda and criticized the SEC’s work to right-size regulations that hampered our public markets, Republicans took the… Read more »
WASHINGTON – This week, the Committee held a markup to consider the following bills:
H.R. 123, the “FHA Additional Credit Pilot Program Reauthorization Act”
H.R. 132, the “North American Development Bank Improvement Act of 2019”
H.R. 4029, the “Tribal Eligibility for Homeless Assistance Grants Act of 2019”
H.R. 4067, the “Financial Inclusion in Banking Act of… Read more »
WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after regulators announced a proposal to amend burdensome inter-affiliate margin requirements:
“Republicans have made commonsense regulatory reform a cornerstone of our efforts to spur economic growth and competition. There has been bipartisan agreement,… Read more »
WASHINGTON – Today, the Subcommittee on National Security, International Development, and Monetary Policy held a hearing to examine the economic impacts of a changing climate. While proposed Democrat solutions, like the Green New Deal, would have devastating consequences for the American people and our economy, Republicans are advocating for innovative solutions that promote job creation… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following remarks at a full committee hearing on the student loan crisis and the impact of Democrat’s nationalization of the student loan industry:
Watch Ranking Member McHenry’s remarks here or by clicking on the image below.
… Read more »