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 »
While most of the focus concerning the House Financial Services Committee in recent weeks has been on the return of Democratic leadership, Rep. Patrick McHenry (R-N.C.) is doing his best to ensure his party’s perspective.
This week, the Republican leader of the Committee sent a letter to Chairwoman Maxine Waters (D-Calif.) requesting hearings in “critical areas that the committee should… Read more »
Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, recently requested in a January 22, 2019 letterto Congresswoman Maxine Waters (D-CA), Chairwoman of the Financial Services Committee, among other topics, a hearing on the regulation of Fintech as a means of ensuring all consumers have “fair and transparent access to the financial products… Read more »
WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent Deutsche Bank Chief Executive Officer, Christian Sewing, a letter initiating an investigation into the Bank’s anti-money laundering operations.
Ranking Member McHenry detailed the past “compliance deficiencies” within the Bank’s system to prevent and detect illegal… Read more »
WASHINGTON - House Financial Services Committee Ranking Member Patrick McHenry (NC-10) today announced the committee’s Republican leadership team for the 116th Congress.
“This group will play a critical role in leading this committee as we advance innovative solutions for hardworking taxpayers,” said Ranking Member McHenry. “I look forward to working alongside our subcommittee Republican… Read more »
White House, Congress look for ways to get Fannie Mae, Freddie Mac out of government conservatorship
Lawmakers from both parties plan to take a fresh crack at getting Fannie Mae FNMA -1.98% and Freddie Mac , FMCC -1.05% two companies that underpin nearly half of U.S. mortgages, out of government control.
For more than a decade, lawmakers have tried and failed to overhaul the… Read more »
Deutsche Bank AG’s chief executive officer is being questioned by a key Republican lawmaker over what the company is doing to boost money-laundering safeguards amid reports that its U.S. unit may have been a key conduit for billions of dollars of dirty money.
Representative Patrick McHenry, the top Republican on the House Financial Services Committee, sent a letter Thursday to CEO… Read more »
Reps. Patrick McHenry (R-NC) and Maxine Waters (D-CA) introduced last week legislation designed to address insider trading by ensuring corporate insiders inability to engage in the practice via trading plan changes.
The Promoting Transparent Standards for Corporate Insiders Act would enable the government to address fraud and abuse within the nation’s financial system.
“I am glad to… Read more »
WASHINGTON – Congressman Patrick McHenry (NC-10), the Republican leader of the House Financial Services Committee, sent a letter to Chairwoman Maxine Waters (CA-43) requesting hearings in critical areas that the committee should prioritize in the first months of the new Congress.
Ranking Member McHenry detailed a dozen hearings that will be “vital to helping ensure the strength and… Read more »
