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McHenry Announces Republican Committee Leadership Team

| Posted in Press Releases

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…

Lawmakers Promise Fresh Push to Overhaul Housing Finance

| Posted in In Case You Missed It

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…

Deutsche Bank Faces Growing U.S Scrutiny Over Money Laundering

| Posted in In Case You Missed It

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…

Measure seeks to curb insider trading

| Posted in In Case You Missed It

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…

McHenry Pushes for Critical Financial Services Committee Hearings

| Posted in Press Releases

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…

McHenry Applauds Approval of Republican Members of the Financial Services Committee

| Posted in Press Releases

WASHINGTON – Today, House Republicans approved members selected to serve on the House Financial Services Committee in the 116th Congress. “I look forward to joining new and returning Republican Financial Services Committee members in finding commonsense solutions for American families” said Ranking Member Patrick McHenry (NC-10). “Each of these members will provide valuable insights as…

GOP Urges Maxine Waters to Examine Brexit, Fannie-Freddie

| Posted in In Case You Missed It

The top Republican on the House Financial Services Committee wants the panel’s Democratic chair, Maxine Waters of California, to consider holding hearings on issues including Brexit, overhauling Fannie Mae and Freddie Mac and cybersecurity. Patrick McHenry, the ranking member of the panel, sent a letter to Waters Tuesday outlining his recommendations on issues Republicans would like to…

McHenry calls for Brexit, Ex-Im Bank hearings at Financial Services panel

| Posted in In Case You Missed It

Brexit fallout tops a list of proposed hearing targets that House Financial Services ranking member Patrick McHenry has sent to Chairwoman Maxine Waters. In a letter, the North Carolina Republican outlined several "critical areas" for hearings that should be given priority during the first few months of this Congress. The top topic on the list is Britain's withdrawal from the European…

Congressman McHenry, Ranking Member on the House Finance Services Committee, Requests Series of Hearings – Including Fintech

| Posted in In Case You Missed It

Congressman Patrick McHenry, the Republican leader of the House Financial Services Committee, has asked Committee Chairwoman Maxine Waters to move forward on hearings in “critical areas that the committee should prioritize in the first months of the new Congress.” The list of hearings requested by McHenry is fairly long. Included on the list is one on Fintech: “A hearing on the…

Rep. McHenry Calls for Hearings on Several Priority Issues

| Posted in In Case You Missed It

House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Chairman Maxine Waters (D-Calif.) today urging her to hold hearings on a number of critical financial services issues, including several American Bankers Association priorities. Specifically, McHenry called for hearings on the modernization of the Bank Secrecy Act and anti-money laundering…

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