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McHenry Announces Republican Financial Services Subcommittee Assignments

| Posted in Press Releases

Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), announced the committee’s Ranking Member and Subcommittee roster assignments for the 117th Congress: Vice Ranking Member of the Full Committee and Diversity and Inclusion — Ranking Member Ann Wagner (MO-2) Investor Protection, Entrepreneurship, and Capital Markets – Ranking…

McHenry Statement on Nomination of Gary Gensler to Lead the SEC

| Posted in Press Releases

Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President-elect Joe Biden’s decision to nominate former CFTC Chair Gary Gensler to serve as Chairman of the Securities and Exchange Commission (SEC):    “Gary’s acceptance of financial technology and cryptocurrency is a welcome change…

McHenry Statement on Nomination of Rohit Chopra to Lead the CFPB

| Posted in Press Releases

Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President-elect Joe Biden’s decision to nominate a Commissioner on the Federal Trade Commission (FTC), Rohit Chopra, to serve as Director of the Consumer Financial Protection Bureau (CFPB):   “President-elect Biden’s decision to nominate…

McHenry and Toomey Statement on Treasury Changes to Fannie Mae and Freddie Mac

| Posted in Press Releases

Today, Ranking Member Patrick McHenry (NC-10), and U.S. Senator Pat Toomey (R-Pa.), the incoming Ranking Member of the Senate Banking Committee, issued the following statement regarding actions taken by the U.S. Department of the Treasury and Federal Housing Finance Agency (FHFA) to begin the process of exiting the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan…

McHenry: Acting Comptroller Brooks Has Been an Advocate for Financial Technology

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Acting Comptroller of the Currency Brian Brooks announced he will step down from his current position at the OCC:   “Acting Comptroller Brooks has been a steadfast advocate for financial technology, regulatory modernization and…

Following New Report, Committee Republicans Hold Cybersecurity Roundtable with Leading Experts

| Posted in Press Releases

Today, House Financial Services Committee Republicans, led by Republican Leader Patrick McHenry (NC-10), held a roundtable with financial services cybersecurity experts to examine the pressing issues surrounding cybersecurity and digitization of operations within the financial sector, especially in light of the COVID-19 crisis. This roundtable follows the release of a Republican…

Republicans Release Report Detailing Cybersecurity Threats in the COVID-19 Era

| Posted in Press Releases

Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Subcommittee on Oversight and Investigations, Andy Barr (KY-06), issued a Republican staff report on cybersecurity in the COVID-19 era. The report found that the coronavirus pandemic and related relief programs created an environment ripe for…

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