WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement after the Consumer Financial Protection Bureau (CFPB) announced two Notices of Proposed Rulemaking (NPRMs) that update the Bureau's stance on payday loans:
“I am encouraged to see Director Kraninger relying on facts and robust data, rather than… Read more »
WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement in response to President Donald Trump’s State of the Union address:
“Tonight, Congress, and the American people, had the opportunity to hear directly from our Commander in Chief on his vision for our nation as we continue to build on the gains… Read more »
House Democrats armed with subpoena power are vowing to follow the Trump money trail through the German lender Deutsche Bank — a target that Republicans say they want to investigate as well.
Instead of fighting Democrats over their probe, GOP lawmakers are pursuing their own inquiry. The top Republican on the House Financial Services Committee, Rep. Patrick McHenry (R-N.C.), has asked… Read more »
WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement in response to Senate Banking Committee Chairman Mike Crapo’s (R-ID) recently released outline for housing finance reform legislation:
“It is critical we explore all paths toward responsibly ending the government sponsorship of Fannie Mae… Read more »
WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent a letter requesting information from Boeing Co. to shed light on a potential attempt by the Chinese government to skirt U.S. laws to obtain restricted satellite technology.
In the letter, Ranking Member McHenry detailed the intended 2016 sale of a Boeing satellite to Los… Read more »
The ranking GOP member of the House Financial Services Committee requested Boeing Co.BA +0.24% turn over documents about its relationship with a Chinese-backed satellite startup, adding to pressure on the aerospace giant after a Wall Street Journal investigation.
In the letter sent Thursday, Rep. Patrick McHenry told Boeing that the committee was trying to… Read more »
WASHINGTON – Following today’s House Financial Services Committee Organizational Meeting, Ranking Member Patrick McHenry (NC-10), announced Republican subcommittee assignments for the 116th Congress.
“The committee took another important step toward organizing in the new Congress and I look forward to working with each of my Republican Colleagues in their new roles,” said Ranking Member… Read more »
The U.S. House of Representatives advanced three bills that seek to foster better financial oversight of potential bad actors and illegal activities.
One of the bills is the Promoting Transparent Standards for Corporate Insiders Act (H.R. 624), sponsored by House Financial Services Chair Rep. Maxine Waters (D-CA) and Ranking Member Rep. Patrick McHenry (R-NC). This bill would… Read more »
WASHINGTON – Today, the U.S. House of Representatives overwhelmingly passed three bipartisan House Financial Services Committee bills geared toward responsible oversight to protect the American people.
The Promoting Transparent Standards for Corporate Insiders Act, H.R. 624, sponsored by Chairwoman Maxine Waters (CA-43) and Ranking Member Patrick McHenry (NC-10), protects ‘Mom and Pop’… Read more »
Patrick McHenry says the House should look closely at the effectiveness of regulators' fintech innovation initiatives, as well as the industry's readiness to protect personal information.
Congressman Patrick McHenry (R-N.C.) is calling on the House Financial Services Committee to hold hearings in the next couple months on issues he believes are critical to regulating the financial… Read more »
