Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, released the following statement on Treasury Secretary Janet Yellen’s letter to G20 colleagues. Today’s letter raises the possibility of a Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF).
“The Treasury Department has better tools to fight COVID-19… Read more »
Today, the House Financial Services Committee is holding a hearing with the Chairman of the Federal Reserve Board of Governors, Jerome Powell, to discuss the state of the economy, monetary policy, and the Federal Reserve’s response to the COVID-19 crisis.
Watch Republican leader Patrick McHenry’s opening remarks here.
Read Republican leader Patrick McHenry’s opening remarks as prepared… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening remarks at today’s GameStop hearing. Republicans will use this hearing as a fact-finding mission to better understand whether the regulatory environment is conducive to innovation, supports the democratization of financial markets, and allows retail investors to fully… Read more »
U.S. House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) and U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) are urging the Securities and Exchange Commission (SEC) to start or complete seven good government initiatives, several of which have been awaiting action for years.
In the letter to Acting Chair Lee, the ranking members wrote:
“We hope… Read more »
This week the Committee held a markup of the Biden “stimulus” plan. Republicans presented a clear alternative to the oversized partisan package by offering amendments to target COVID relief toward Americans most in need, ensure additional funding is temporary, and to tie money directly to the national emergency.
Unfortunately, on day two, Democrats again took a largely partisan approach,… Read more »
Yesterday, the Full Committee began its markup on portions of President Biden’s partisan, $1.9 trillion bill. This misguided, oversized COVID-19 “stimulus” package would do little to provide the temporary, targeted, and COVID-related aid that our communities, schools, and small businesses need to safely reopen.
Republicans offered commonsense amendments to target relief toward those most… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10,) delivered the following opening remarks at the full Committee markup of a portion of President Biden’s $1.9 trillion so-called stimulus package.
Click HERE to watch Republican Leader McHenry’s opening remarks.
Read Republican Leader McHenry’s Opening Remarks as prepared for… Read more »
Today, the Committee is holding a hearing on what our economy needs to fully recover from the COVID-19 crisis. Republican members will discuss alternatives to President Biden’s misguided and outsized stimulus proposal, including following the science to safely reopen our economy and get Americans back to work.
Click HERE to watch Subcommittee Ranking Member French… Read more »
Today, the House Committee on Financial Services is holding its Organizational Meeting for the 117th Congress to appoint subcommittee members and consider the Committee’s rules for the new Congress.
Watch Ranking Member Patrick McHenry’s (NC-10) opening remarks here.
Read Ranking Member McHenry’s opening remarks as prepared:
“I thank the Chair for her remarks, and I would like… Read more »
Today, the Committee on Financial Services held its Organizational Meeting for the 117th Congress. Despite having the slimmest majority in nearly a century, Democrats continue to attempt to consolidate power and reject commonsense proposals.
Committee Democrats opposed many of Republicans’ non-partisan amendments to the committee rules package, even going so far as to… Read more »
