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 »
WASHINGTON – Today, the U.S. House of Representatives advanced five bipartisan Financial Services bills: H.R. 2852, the Homebuyer Assistance Act of 2019; H.R. 281, the Ensuring Diverse Leadership Act of 2019; H.R. 1690, the CO ALERTS Act of 2019; H.R. 241, the Bank Service Company Examination Coordination Act; and H.R. 3620, the Strategy and Investment in Rural Housing Preservation Act of… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Trump Administration’s proposed housing finance reform plan:
“Americans deserve better than the status quo. The Trump Administration’s proposal is a positive first step on the multi-year path to building a housing finance system that… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Ranking Member of the Subcommittee on Housing, Community Development, and Insurance, Sean Duffy (WI-7), announced his resignation from Congress next month to support his family as they await the arrival of their ninth child:
“I remember meeting… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Deposit Insurance Corporation’s (FDIC) vote to amend the Volcker rule:
"I have long advocated for reasonable reform of the Volcker rule—a rule that former Chairman Volcker himself has referred to as being too complicated—and… Read more »
Rep. Patrick McHenry (R-N.C.) today pressed Federal Reserve regulatory chief Randal Quarles for more information about the central bank's supervision of Capital One following a massive data breach at the bank.
"I ask that you provide information on the Capital One breach, including an indication of whether any suspicious activity was noted during the Federal Reserve's examination of… Read more »
Credit reporting companies would be subject to supervision and examination authority by the Consumer Financial Protection Bureau (CFPB) and would be barred from using Social Security numbers, under new legislation proposed by Rep. Patrick McHenry (R-N.C.).
Unlike earlier bills that have passed through committee without any Republican votes, this bill could have legs, with Rep. McHenry,… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Vice Chair for Supervision at the Federal Reserve, Randal Quarles, following the recent Capital One Financial Corporation data security breach that affected nearly 100 million Americans. The Ranking Member asked the Federal Reserve to provide information on the… Read more »
