Today, the House Financial Services Committee is holding a hearing on President Biden’s more than $2 trillion so-called infrastructure plan. Despite Democrats’ claims, their partisan proposal is not about infrastructure, jobs, or economic growth.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here.
Read Republican Leader McHenry’s remarks as… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), introduced a new bill to ensure oversight of the financial services portions of Democrats’ partisan spending package, the so-called American Rescue Plan. Despite the long list of non-COVID related priorities included in the package, there were no additional transparency requirements for the… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) urging her to convene a hearing to explore predominant types of fraud and financial exploitation used by bad actors, as well as strategies to prevent them. The hearing request follows Committee Republicans’ release of… Read more »
Today, the Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), and the Republican Leader of the Consumer Protection and Financial Institutions Subcommittee, Blaine Luetkemeyer (MO-03), sent a letter to Treasury Secretary Janet Yellen urging the Financial Crimes Enforcement Network (FinCEN) to adhere to Congressional intent when developing and… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Debt Bondage Repair Act (DBRA) to help the victims of human trafficking regain their livelihood and recover from the financial harm inflicted by traffickers.
“Survivors of human trafficking and debt bondage already face unimaginable… Read more »
Today, Republican leaders of the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). Ahead of tomorrow’s scheduled FSOC meeting, the Republican leaders urged the Council not to stray… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell to discuss their continued response to the COVID-19 pandemic and our accelerating economic recovery.
Watch Ranking Member Patrick McHenry’s (NC-10) opening remarks here.
Read Ranking Member McHenry’s… Read more »
Today, the full Committee is holding its second GameStop hearing. While Democrats continue to push progressive priorities—like a harmful financial transaction tax (FTT)—under the guise of “consumer protection,” Republicans want to remove the barriers that limit access to our capital markets and provide more opportunities for everyday investors.
Watch… Read more »
Today, every Republican Member of the House Financial Services Committee signed onto a resolution condemning attempts to impose a federal financial transaction tax (FTT) on investors, savers, or market intermediaries. With growing calls from Democrats to implement FTTs—to either hamper retail investors following the GameStop situation or to pay for their massive spending… Read more »
Today, the Ranking Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss the committee’s second hearing on the GameStop trading saga and the next steps Congress should take to remove hurdles to everyday investors and democratize financial markets.
… Read more »
