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Financial Services Republicans Call to Protect Americans’ Personal Information from Disclosure in Democrats’ Impeachment Probe
Nov 21, 2019
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Today, every Republican member of the House Financial Services Committee signed a letter to Chairwoman Maxine Waters (CA-43) expressing concern with the process by which documents, containing private American citizens’ personal financial information, may be transmitted to the House Judiciary Committ...
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Top Republican asks Mnuchin to probe Warren’s proposal to tax stock trades
Nov 20, 2019
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A top Republican is seeking additional answers on the potential impact of a financial transaction tax on the markets and U.S. economy. In a letter obtained by FOX Business, Ranking Member of the House Financial Services Committee Patrick McHenry asked Treasury Secretary Steven Mnuchin to analyze the...
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Top Republican Urges Treasury to Examine Negative Consequences of Democrat Tax Proposals
Nov 20, 2019
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Treasury Secretary Steven Mnuchin urging him to conduct an in-depth analysis of the impact of a financial transaction tax (FTT) on the U.S. economy. As several Democrats have proposed and s...
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McHenry: Private Equity Creates Investment Opportunities that Lead to Jobs
Nov 19, 2019
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Today, the House Financial Services Committee is holding a hearing on the role of private equity in U.S. capital markets and their impact on the American economy. Committee Democrats attached several pieces of legislation to the hearing for consideration including the House companion to Senator Eliz...
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House Passes Bipartisan Terrorism Risk Insurance Program Reauthorization
Nov 18, 2019
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Today, the House of Representatives passed with broad bipartisan support H.R. 4634, the “Terrorism Risk Insurance Program Reauthorization Act of 2019.” This bipartisan legislation extends the Terrorism Risk Insurance Act (TRIA) for an additional seven years and modernizes the program to meet 21st ce...
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House Democrats Vote to Prop Up Chinese Communist Party with Taxpayer-Backed Financing
Nov 15, 2019
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Today, Republicans and Democrats made clear that there is bipartisan opposition to H.R. 4863, the “U.S. Export Finance Agency Act.” The bill, introduced by Chairwoman Maxine Waters (CA-43), stripped all Republican provisions from a previously bipartisan compromise between the Chairwoman and Ranking ...
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McHenry Opening Statement at Full Committee Markup
Nov 13, 2019
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WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) delivered the following opening statement at the full committee markup of H.R. 3490, H.R. 3948, H.R. 4403, H.R. 5021, H.R. 2398, H.R. 5003, H.R. 5001, H.R. 5013, and H.R. 2445, the Self-Employed Mortga...
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Democrats Vote to Allow Taxpayer-Backed Financing of the Chinese Communist Party
Oct 31, 2019
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This week, Committee Democrats abandoned an opportunity to consider a bipartisan Export-Import (Ex-Im) Bank reauthorization deal, which included provisions to combat the Communist Party of China’s abhorrent human rights abuses, military aggression, and plan to dominate the global economy. The Commit...
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Financial Services Committee Passes McHenry Bill To Combat Cybersecurity Threats
Oct 30, 2019
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Today, the House Financial Services Committee passed H.R. 4458, the “Cybersecurity and Financial System Resilience Act of 2019,” a bill introduced by the top Republican on the committee, Patrick McHenry (NC-10), last month. This legislation, which passed with broad bipartisan support, will ensure re...
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Why should the Communist Party of China receive financing backed by American taxpayers?
Oct 29, 2019
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Watch the full video here or by clicking on the image above. Today, the House Financial Services Committee will consider Democrats’ H.R. 4863, the United States Export Finance Agency Act of 2019, a partisan bill to reauthorize the Export-Import (Ex-Im) Bank. This comes after Democrats walked away f...
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