Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Securities and Exchange Commission’s (SEC) move to propose shortening the settlement cycle for securities trading and including appropriate public comment periods on the rulemakings announced today:
“Today’s move by the SEC to propose shortening the… Read more »
Today, the top Republican on the House Financial Services Committee, released the following statement regarding the District Court for the Northern District of California’s ruling upholding the Office of the Comptroller of the Currency’s (OCC) “Valid-When-Made” rule:
“I’m glad to see the court affirm the OCC’s Valid-When-Made rule,” said Republican Leader McHenry. “By upholding these… Read more »
Today, the House Committee on Financial Services is holding a hearing with Treasury Under Secretary Nellie Liang to examine the President’s Working Group on Financial Markets’ report on stablecoins. With a clear federal regulatory framework, stablecoins hold promise as a potential cornerstone of the modern payments system.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after voting against House Democrats’ partisan, so-called China competitiveness legislation:
“Congressional Democrats are more focused on stifling American innovation than confronting the generational threat posed by the Chinese Communist Party,” said Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Biden Treasury Department’s mismanagement of the Emergency Rental Assistance (ERA) programs, as outlined in a newly released report from the Government Accountability Office (GAO) and public reporting:
“The Biden Treasury Department continues to… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with Rep. Tim Ryan (OH-13), and original co-sponsors of the bipartisan Keep Innovation in America Act, sent a letter to Treasury Secretary Janet Yellen ahead of the expected preliminary guidance on the new digital asset reporting requirements. The letter urges her to provide additional clarity to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on National Security, International Development, and Monetary Policy, Andy Barr (KY-06), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43) regarding Russia’s recent aggression towards Ukraine. In the letter, the Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the partisan so-called China competitiveness bill released yesterday by House Democrats:
"This Democrat bill does nothing to combat the rise of the Chinese Communist Party,” said Republican Leader McHenry. “Speaker Pelosi has once again put together a… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43). In the letter, Republican Leader McHenry urges Chair Waters to use future hearings on digital assets to review the current regulatory environment and to prioritize the related issues that must be addressed.
Read the… Read more »
This week, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), led a roundtable organized by Republican Leader Kevin McCarthy (CA-23) to highlight President Biden and Democrats’ abysmal record on the economy. With inflation surging to a four-decade high, store shelves across the country empty, and small businesses unable to find workers, Democrats have… Read more »
