Ahead of a hearing to examine how technology is shaping the future of finance, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Ranking Member Maxine Waters (CA-43) introduced two bipartisan measures highlighting the impact of artificial intelligence (AI) on the financial services and housing industries.
Chairman McHenry introduced… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Innovation Revolution: How Technology is Shaping the Future of Finance”
Time: 10:00 AM ET
Date: Wednesday, December 4, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
The bipartisan Working Dog Commemorative Coin Act, introduced in the House by Chairman Patrick McHenry (R-NC) and led in the Senate by Senators Ted Budd (R-NC) Mark Kelly (D-AZ), Thom Tillis (R-NC), and Tammy Duckworth (D-IL), passed the Senate. The legislation now goes to the president to be signed into law.
The bill would instruct the U.S. Mint to develop a commemorative… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of President Biden’s prudential banking regulators.
Republicans are holding Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg accountable for his continued efforts to stonewall Congressional oversight amid a… Read more »
Today, House Financial Services Committee Republicans released their final staff report detailing the toxic workplace culture, including misconduct and harassment, at the Federal Deposit Insurance Corporation (FDIC) under the failed leadership of disgraced Chairman Martin Gruenberg. This report is the culmination of Committee Republicans’ year-long investigation and supports the… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Oversight of Prudential Regulators”
Time: 10:00 AM ET
Date: Wednesday, November 20, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the hearing—including the… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led all Committee Republicans in a letter to federal banking regulators at the Federal Reserve Board (Fed), Office of the Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC) responding to a request for information (RFI) on bank-fintech partnerships.
The… Read more »
Today, The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), and Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04) sent a letter to disgraced Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg demanding his… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the U.S. Department of the Treasury’s final rule restricting outbound U.S. investment to China. This follows Treasury’s notice of proposed rulemaking implementing the White House’s outbound investment Executive… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the CFPB’s final rule implementing Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
“The CFPB’s final 1033 rule is a promising step forward to protect Americans’ financial data privacy,” said Chairman… Read more »
