News List

Today marks one year of one-party rule in Washington, with Democrats controlling the House, Senate, and White House. Everywhere you look—from rising prices, to empty store shelves, to weak job creation—our economy is in shambles, thanks to Democrats’ reckless agenda. Meanwhile, Democrats on the House Financial Services Committee have been more focused on rejecting innovation and covering… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Federal Reserve released its Central Bank Digital Currency (CBDC) discussion paper:   “In order for the U.S. payments system to remain the best in the world, private sector innovation must lead the way," said Republican Leader McHenry. "This is… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Biden’s intention to nominate Sarah Bloom Raskin as Vice Chair for Supervision at the Federal Reserve: “Former Fed Governor Raskin has a long history of distinguished government service,” said Republican Leader McHenry. “I encourage her to… Read more »

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (R-NC), and the top Republican on the Senate Banking Committee, Pat Toomey (R-PA), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter raises serious concerns with Chair Gensler’s decision to limit outside input on rulemakings by providing unreasonably short public… Read more »