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HEARING NOTICE: Subcommittee on Digital Assets, Financial Technology and Inclusion

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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: “Bureaucratic Overreach or Consumer Protection? Examining the CFPB’s Latest Action to Restrict Competition in Payments”   Time: 9:00 AM ET Date: Wednesday, March 13,…

McHenry Statement on Passage of Consolidated Appropriations Act of 2024

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the U.S. House of Representatives passed the Consolidated Appropriations Act of 2024.   “I applaud Speaker Johnson for his work to bring this deal together,” said Chairman McHenry. “Leaders get the best results they can with the tools at their…

McHenry on House Floor: The Expanding Access to Capital Act Will Benefit Americans in Every Single One of Our Districts

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led debate on the House floor in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 builds on the successful, bipartisan JOBS Act of 2012 to facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new…

McHenry Statement Regarding CFPB Credit Card Late Fee Final Rule

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Consumer Financial Protection Bureau (CFPB) released its final rule regarding credit card late fees that raises the cost of borrowing for all consumers.   “The Biden Administration continues to weaponize financial regulators to play politics in…

McHenry Testifies in Support of Expanding Access to Capital Act

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), appeared before the House Committee on Rules to speak in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 will facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new opportunities for all…

HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization” Time: 10:00 AM ET Date: Tuesday, March…

McHenry Delivers Opening Remarks at Markup of Fintech, Housing, and National Security Legislation

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of fintech, housing, and national security legislation. Members will consider proposals that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the…

House Financial Services Committee Passes Bipartisan Digital Asset, Housing, and National Security Legislation

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Today, the House Financial Services Committee advanced five pieces of legislation out of Committee that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the Securities and Exchange Commission’s (SEC) SAB 121 digital asset accounting guidance under the…

HEARING NOTICE: Subcommittee on Financial Institutions and Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: “Politicized Financial Regulation and its Impact on Consumer Credit and Community Development” Time: 10:00 AM ET Date: Thursday, March 7, 2024 Place: 2128 Rayburn House Office…

ATTENTION: Calling All FDIC Whistleblowers

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The House Financial Services Committee is conducting its investigation into reports of widespread workplace misconduct at the Federal Deposit Insurance Corporation (FDIC). If anyone would like to share their story, they may do so via email or by visiting our website.   Whistleblowers play a vital role in…

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