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House banking's top Republican calls for hearing on Brexit impact

| Posted in In Case You Missed It

WASHINGTON — Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, this week called on Democratic leadership to prioritize Britain’s withdrawal from the European Union, among other "critical areas" that he said deserve the panel's attention. In a letter sent Tuesday to Chairwoman Maxine Waters, D-Calif., McHenry said the committee should spend the first…

McHenry and Waters Introduce Bipartisan Legislation to Curb Illegal Insider Trading

| Posted in Press Releases

WASHINGTON -- Today, Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, and Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the introduction of H.R. 624, the Promoting Transparent Standards for Corporate Insiders Act, bipartisan legislation which requires the Securities and Exchange…

U.S. House panel's top Democrat, Republican seek executive trading oversight

| Posted in In Case You Missed It

WASHINGTON (Reuters) - The top Democrat and Republican on the House Financial Services Committee are sponsoring legislation directing a regulatory review of some corporate executive investment plans, as the banking panel starts its 2019 work on a bipartisan note. Representative Maxine Waters, the Democrat who chairs the panel, and Representative Patrick McHenry, its top Republican, are…

Waters, McHenry team up on insider trading bill

| Posted in In Case You Missed It

House Financial Services Chairwoman Maxine Waters is kicking off the committee's legislative agenda with an insider trading bill co-sponsored by the panel's top Republican, Rep. Patrick McHenry. The pair reintroduced the legislation as they try to strike a more collaborative tone than was seen at the committee over the last several years. "I am happy to work with Ranking Member McHenry…

McHenry Statement on Passing of John C. Bogle

| Posted in Press Releases

WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement on the passing of John C. Bogle, the founder of Vanguard Group, and a thought leader in the financial sector: “Jack Bogle was a pioneer in every sense of the word. His vision to create a way for all Americans to find a simple, low-cost way to save…

McHenry: No-Deal Brexit could be Disruptive

| Posted in Press Releases

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the leaders of the Federal Reserve, Department of Treasury, Securities and Exchange Commission (SEC), and Commodity Futures Trading Commission (CFTC), requesting an update following today’s vote on the Brexit Withdrawal Agreement. Congressman McHenry…

Republican Steering Committee Announces Recommendations for House Financial Services Committee

| Posted in Press Releases

WASHINGTON – Today, the Republican Steering Committee recommended the following members to join the House Financial Services Committee: Anthony Gonzalez (OH-16) John Rose (TN-6) Bryan Steil (WI-1) Lance Gooden (TX-5) Denver Riggleman (VA-5) Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, released the following statement on the…

McHenry asks Fed for Brexit fallout update

| Posted in In Case You Missed It

The ranking Republican on the House Financial Services Committee today asked the Treasury Department, Federal Reserve and other financial regulatory agencies for an update on how the U.K.'s chaotic withdrawal from the European Union could disrupt markets. In letters to the agencies, Rep. Patrick McHenry (R-N.C.) asked how the regulators plan to mitigate risks stemming from the U.K. vote…

McHenry: This is a political stunt

| Posted in Press Releases

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, delivered remarks from the House Floor in opposition to Democratic attempts to pass a Senate Financial Services and General Government (FSGG) appropriations bill, stripped of House priorities, in a misguided effort to end the partial government shutdown without addressing…

McHenry Continues Push for Federal Bureaucracy Oversight

| Posted in Press Releases

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the eight Inspectors General (IG) of the agencies within the committee’s jurisdiction requesting an update on the agencies’ efforts to implement the IGs recommendations to reduce waste, fraud, and abuse. Congressman McHenry highlighted the IGs “shared…

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