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McHenry: It’s Time to Get Politics out of Corporate Boardrooms

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to examine environmental, social, and governance (ESG) policy in financial regulation. Republicans are fighting to protect everyday investors with proposals to reform the proxy voting system, promote accountability in the proxy advisory system, and address the Biden…

McHenry, Barr, Huizenga, Scott Lead Bicameral Amicus Brief Challenging CFPB’s Funding Structure

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Chairman Patrick McHenry (R-N.C.-10) of the House Financial Services Committee; Representative Andy Barr (R-Ky.-06), the Chairman of the Subcommittee on Financial Institutions and Monetary Policy;  Representative Bill Huizenga (R-Mich.-04), the Chairman of the Subcommittee on Oversight and Investigations; and Ranking Member Tim Scott (R-S.C.) of the Senate Committee on Banking,…

HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking”   Time: 2:00 PM ET Date: Tuesday, July 18, 2023 Place: 2128 Rayburn…

HEARING NOTICE: Subcommittees on Capital Markets and Financial Institutions & Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:    Capital Markets Subcommittee Hearing Entitled: “Oversight of the SEC’s Division of Corporation Finance” Time: 10:00 AM ET Date: Tuesday, July 18, 2023 Place: 2128 Rayburn House Office Building  Additional information regarding the…

House Passes Slate of Bipartisan Financial Services Legislation

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Today, the U.S. House of Representatives passed three pieces of bipartisan financial services legislation to facilitate capital formation and mint a commemorative coin in honor of the 250th anniversary of the United States Marine Corps.   The financial services bills passed by the House include:   H.R. 2622, a bill to amend the Investment Advisers Act of 1940 to…

HEARING NOTICE: How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Housing and Insurance Subcommittee Hearing Entitled: “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing” Time: 9:00 AM ET Date: Friday, July 14, 2023 Place: 2128 Rayburn House Office Building Additional information regarding…

HEARING NOTICE: Subcommittees on Capital Markets and Oversight & Investigations

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:   Capital Markets Subcommittee Hearing Entitled: “Reforming the Proxy Process to Safeguard Investor Interests”   Time: 10:00 AM ET Date: Thursday, July 13, 2023 Place: 2128 Rayburn House Office Building  Additional information regarding…

HEARING NOTICE: Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Full Committee Hearing Entitled: “Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation”   Time: 10:00 AM ET Date: Wednesday, July 12, 2023 Place: 2128 Rayburn House Office Building   Additional…

Top House Republicans Blast Gensler SEC’s Lack of Transparency

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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the House Judiciary Committee, Jim Jordan (OH-04), and the Chairman of the House Oversight and Accountability Committee, James Comer (KY-01), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The Chairmen identify significant concerns with Chair Gensler’s…

McHenry Speaks in Support of Middle Class Borrower Protection Act

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), delivered remarks in support of H.R. 3564, the Middle Class Borrower Protection Act, on the House floor. H.R. 3564, offered by Housing and Insurance Subcommittee Chairman Warren Davidson (OH-08), will reverse the Biden Administration’s changes to the Federal House Finance Agency’s (FHFA) Loan…

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