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House Passes Slate of Bipartisan Financial Services Legislation to Strengthen U.S. National Security
Jan 12, 2024
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Today, the U.S. House of Representatives passed five pieces of bipartisan financial services legislation to bolster our national security by confronting the generational economic threat posed by the Chinese Communist Party’s (CCP), combatting terrorism financing, and decreasing global reliance on R...
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McHenry to Secretary Fudge: Congress Will Carry Out Its Oversight Duties, We Will Get the Answers the American People Deserve
Jan 11, 2024
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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing featuring Housing and Urban Development (HUD) Secretary Marcia Fudge. Republicans are holding Secretary Fudge accountable for her routine avoidance of numerous requests to appear before the c...
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McHenry, Waters Announce Creation of Bipartisan AI Working Group
Jan 11, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Ranking Member Maxine Waters (CA-43) announced the formation of the Committee’s bipartisan Working Group on Artificial Intelligence (AI), led by Digital Assets, Financial Technology and Inclusion Subcommittee...
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HEARING NOTICE: Subcommittee on Oversight and Investigations
Jan 11, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Oversight and Investigations Subcommittee Hearing Entitled: “Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles” Time: 10:00 AM ET Date: Thursday, ...
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New Year, More Burdensome Red Tape for American Small Businesses
Jan 10, 2024
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On January 1, 2024, new beneficial ownership information (BOI) reporting requirements went into effect. The reporting requirements were implemented under the Corporate Transparency Act (CTA), which was designed to strengthen national security tools by identifying shell companies that may be used for...
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Wagner Delivers Opening Remarks at Hearing to Examine the DOL Fiduciary Rule and its Implications for Americans Saving for Retirement
Jan 10, 2024
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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access.” Watch Chairman Wagner’s opening remarks here. Read Chairman Wagner’s opening rema...
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Hill Delivers Remarks at Hearing to Examine the Impact of FSOC’s Ever-Changing Designation Framework on Innovation
Jan 10, 2024
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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 “Regulatory Whiplash: Examining the Impact of FSOC’s Ever-Changing Designation Framework on Innovation.” Watch Chairman Hill’s op...
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McHenry, Hill Statement Regarding Spot Bitcoin ETF Approvals
Jan 10, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02), issued the following statement after the Securities and Exchange Commission (SEC) announced approval o...
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HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions
Jan 10, 2024
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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: “International Financing of Nuclear Energy” Time: 10:00 AM ET Date: Wed...
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Financial Services Committee Republicans Demand Briefing from SEC on Compromised X Account, Unauthorized Bitcoin ETF Post
Jan 10, 2024
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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), the Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, French Hill (AR-02), and the Chairm...
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