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Committee to Hold Bipartisan Virtual Roundtable on Impact of COVID-19 on Capital Markets

| Posted in Press Releases

WASHINGTON, D.C. - Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that today, May 26, Subcommittee on Investor Protection and Capital Markets Chairman Brad Sherman (D-CA) and Ranking Member Bill Huizenga (R-MI) will host a virtual roundtable entitled, “Examining the Impacts of the COVID-19 Pandemic on U.S. Capital Markets,” with…

Committee to Hold Bipartisan Virtual Roundtable on Impact of COVID-19 on Housing Markets

| Posted in Press Releases

WASHINGTON, D.C. - Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that today, Friday, May 22, Housing, Community Development, and Insurance Subcommittee Chairman Wm. Lacy Clay (D-MO) and Ranking Member Steve Stivers (R-OH) will host a virtual roundtable entitled, “Reviewing the Impact of the COVID-19 Pandemic on U.S. Housing…

McHenry: This is a Critical Step Toward Fixing our Broken Housing Finance System

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) proposed rule setting stronger capital requirements for Fannie Mae and Freddie Mac: “This is a critical step toward fixing our broken housing finance system. This proposed rule is a part of Director Calabria and…

McHenry: Comptroller Otting has Been an Advocate for Modernization

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Comptroller of the Currency Joseph Otting announced he will step down from his current position at the OCC: “Comptroller Otting has made a lasting impact on our nation’s financial system during his time in public service. Joseph has been an advocate for…

McHenry Supports Modernization of Community Reinvestment Act to Ensure Economic Recovery

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Office of the Comptroller of the Currency (OCC) released its final rule to modernize the Community Reinvestment Act (CRA): “I’m glad to see the OCC move to strengthen the CRA through modernization. This update reflects the transformation of banking…

McHenry Supports Small-Dollar Lending Guidance to Provide More Options for Borrowers

| 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 the Office of the Comptroller of the Currency (OCC), Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration’s (NCUA) joint guidance on small-dollar lending: “Millions of Americans facing financial…

Democrats to the American People: You’re on Your Own

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Speaker Pelosi and Congressional Democrats pushed through their partisan proposals to codify their liberal agenda and dismantle House rules—leaving the American people without the support or representation they need in this unprecedented…

McHenry Joins Top Committee Republicans in Letter Opposing “Partisan Assault” of House Minority Rights

| Posted in Press Releases

WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined the Ranking Members of all standing and select committees in a letter to Majority Leader Steny Hoyer (D-M.D.) opposing the Democrats’ partisan assault on the rights of the House Minority in H.Res 965.   “When the Majority first released proposed rule changes a few weeks…

Republican Committee Members Continue to Work with Regulators on COVID-19 Relief Efforts

| Posted in Press Releases

Yesterday, the Subcommittee on Consumer Protection and Financial Institutions held its first virtual roundtable with prudential regulators to discuss their response to the recent economic dislocation caused by the coronavirus (COVID-19) public health crisis. Republican Leader Patrick McHenry (NC-10) and Chairwoman Maxine Waters (CA-43) came to agreement on bipartisan guidelines for…

McHenry on Additional Coronavirus Relief “Measure Twice, Cut Once”

| Posted in In Case You Missed It

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Balance of Power on Bloomberg TV to discuss next steps in the coronavirus recovery effort and the importance of taking a responsible approach to ensure Congress is providing relief to those most in need. Watch the full interview here…