Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Consumer Financial Protection Bureau released a notice of proposed rulemaking that would prevent the consideration of medical debt when constructing credit reports:
“Director Chopra is once again acting as a political arm of the White House, rather than as an… Read more »
Today, U.S. Representative Mike Flood (NE-01), led Republicans on the House floor as lawmakers debated H.R. 537, the Forgotten Heroes of the Holocaust Congressional Gold Medal Act. H.R. 537 would award the Congressional Gold Medal to 60 diplomats posthumously in recognition of their brave and vital service of saving Jews from the Nazis during the Holocaust.
Watch Rep.… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Semi-Annual Report of the Bureau of Consumer Financial Protection”
Time: 10:00 AM ET
Date: Thursday, June 13, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
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 “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”
Watch Chairman Hill’s opening remarks here.
Read… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Oversight of the FDIC’s Failed Leadership and Toxic Workplace Culture”
Time: 10:00 AM ET
Date: Wednesday, June 12, 2024
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Senator Cynthia Lummis (R-WY) led a letter to President Joe Biden urging him to reconsider his threat to veto Staff Accounting Bulletin (SAB) 121 Congressional Review Act (CRA) which passed the Senate and House with strong bipartisan support.
“Given the overwhelming bipartisan votes, we urge… Read more »
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: “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets”
Time: 9:00 AM ET
Date: Wednesday, June 5, 2024
Place: 2128 Rayburn House… Read more »
Today, the U.S. House of Representatives passed H.R. 5403, the CBDC Anti-Surveillance State Act, sponsored by Majority Whip Tom Emmer (MN-06). H.R. 5403 halts unelected bureaucrats from issuing a central bank digital currency (CBDC)—which would threaten Americans’ right to financial privacy—without explicit authorization from Congress.
Watch Chairman Patrick McHenry’s… Read more »
Today, House Financial Services Committee Chairman Patrick McHenry (NC-10), sent letters to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg, as well as Acting Comptroller of the Currency Michael Hsu and FDIC Director Johnathan McKernan in their capacity as Co-Chairs of the Special Committee of the FDIC. Chairman McHenry is demanding… Read more »
Today, House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding the SEC clarify its position with regard to… Read more »
