Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued a statement after the White House announced its intent to nominate Christy Goldsmith Romero to succeed Martin Gruenberg as Chair of the Federal Deposit Insurance Corporation (FDIC) following widespread reports of toxic workplace culture and misconduct at the agency under his… Read more »
Today, the House Committee on Appropriations will consider Financial Services General Government (FSGG) appropriations legislation at a full committee markup. The fiscal year (FY) 2025 bill includes several Committee Republican priorities to rein in Biden’s rogue financial regulators, restore fiscal responsibility, and protect Americans’ financial privacy.
Read an overview of… Read more »
Today, the House Financial Services Committee is holding a hearing to conduct oversight of the Federal Deposit Insurance Corporation’s (FDIC) failed leadership and toxic workplace culture. Lawmakers will hear testimony from FDIC Special Review Committee Co-Chairs Michael Hsu and Jonathan McKernan, as well as independent investigators from Cleary Gottleib, as Republicans dig… Read more »
Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Consumer Financial Protection Bureau released a notice of proposed rulemaking that would prevent the consideration of medical debt when constructing credit reports:
“Director Chopra is once again acting as a political arm of the White House, rather than as an… Read more »
Today, U.S. Representative Mike Flood (NE-01), led Republicans on the House floor as lawmakers debated H.R. 537, the Forgotten Heroes of the Holocaust Congressional Gold Medal Act. H.R. 537 would award the Congressional Gold Medal to 60 diplomats posthumously in recognition of their brave and vital service of saving Jews from the Nazis during the Holocaust.
Watch Rep.… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Semi-Annual Report of the Bureau of Consumer Financial Protection”
Time: 10:00 AM ET
Date: Thursday, June 13, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”
Watch Chairman Hill’s opening remarks here.
Read… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture”
Time: 10:00 AM ET
Date: Wednesday, June 12, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Senator Cynthia Lummis (R-WY) led a letter to President Joe Biden urging him to reconsider his threat to veto Staff Accounting Bulletin (SAB) 121 Congressional Review Act (CRA) which passed the Senate and House with strong bipartisan support.
“Given the overwhelming bipartisan votes, we urge… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets”
Time: 9:00 AM ET
Date: Wednesday, June 5, 2024
Place: 2128 Rayburn House… Read more »
