Today, the Republican Environmental, Social, and Governance (ESG) Working Group—led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04)—released its final staff report. This report is the culmination of the Working Group’s comprehensive examination of the factors contributing to the rise of ESG initiatives and the consequences for everyday investors, in… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), was joined by all Committee Republicans in a letter to Federal Reserve Chairman Jerome Powell. The lawmakers are demanding that the Fed withdraw and re-propose the misguided Basel III Endgame rulemaking in its entirety, given the substantial changes to its original form. The letter follows… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), named Kim Betz as the new staff director for the Committee.
“I’m proud to announce Kim Betz as my next staff director at the House Financial Services Committee,” said Chairman McHenry. “Kim has been my close confidant and a top advisor for the entirety of my tenure leading… Read more »
Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “Housing Solutions: Cutting Through Government Red Tape.”
Watch Chairman Davidson’s opening remarks here.
Read Chairman Davidson’s opening remarks as prepared for delivery:
“Today’s… Read more »
Today, the House Financial Services Committee announced the postponement of the following hearings:
**POSTPONED: Oversight and Investigations Subcommittee Hearing Entitled: “The Fall of ESG: Scrutinizing the Failed Use of Environmental, Social, & Governance Standards and the Influence of Proxy Advisors”
Time: 10:00 AM ET
Date: Tuesday, July 30, 2024
Place: 2128… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on artificial intelligence (AI) applications in financial services and housing. Committee members will consider existing and growing AI use cases across these industries—including the range of benefits and potential risks the technology poses—and the hurdles to… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Oversight and Investigations Subcommittee Hearing Entitled: “The Fall of ESG: Scrutinizing the Failed Use of Environmental, Social, & Governance Standards and the Influence of Proxy Advisors”
Time: 10:00 AM ET
Date: Tuesday, July 30, 2024
Place:… Read more »
Today, the U.S. House of Representatives passed bipartisan financial services legislation to combat the use of financial technology for illicit finance and bring long overdue accountability to the Department of Housing and Urban Development (HUD).
The financial services bills passed by the House include:
H.R. 2969, the “Financial Technology Protection Act of 2023,”… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Ranking Member Maxine Waters (CA-43) released a staff report from the Committee’s bipartisan Working Group on Artificial Intelligence (AI), led by Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) and Subcommittee Ranking Member… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Housing and Insurance Subcommittee Hearing Entitled: “Housing Solutions: Cutting Through Government Red Tape”
Time: 10:30 AM ET
Date: Wednesday, July 24, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
