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McHenry Statement on Passage of Democrats’ Reckless Tax and Spending Package
Nov 19, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after voting against Democrats’ reckless tax and spending package: “Today, House Democrats passed a reckless tax and spending bill that will drive up the cost of living for ...
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All Committee Republicans Ask OCC for Clarity on Potential Climate Supervision Proposal
Nov 19, 2021
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Today, all Republicans on the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to the acting head of the Office of the Comptroller of the Currency (OCC), Michael Hsu. The letter requests the OCC provide clarity on its potential proposal of a climate ch...
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McHenry Leads Bipartisan Legislative Fix to New Digital Asset Reporting Requirements
Nov 18, 2021
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), has introduced the Keep Innovation in America Act, alongside Congressman Tim Ryan (OH-13) and a bipartisan group of lawmakers. The legislation will fix the digital asset reporting provisions in the Infrastructure ...
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McHenry: Democrats Are Out of Touch with the Needs of the American People
Nov 16, 2021
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Today, the House Financial Services Committee is holding a markup of several pieces of legislation, including three bipartisan bills. However, despite the fact inflation just hit a 30-year record and increasing prices are outpacing the rise in wages—nothing on today’s markup agenda will help America...
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Committee Republicans Release Central Bank Digital Currency Principles
Nov 15, 2021
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Today, Republicans on the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), released principles to guide Congress’ evaluation of potential proposals for a U.S. Central Bank Digital Currency (CBDC). The principles state that a potential Fed-issued digital currency mus...
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McHenry Introduces Bill to Protect America’s Critical Financial Infrastructure from Ransomware Attacks
Nov 10, 2021
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Ransomware and Financial Stability Act. By deterring hackers and setting commonsense guardrails for financial institutions to respond to ransomware attacks, this legislation will protect the critica...
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McHenry Statement on Departure of Fed Governor Quarles
Nov 8, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding Randal Quarles’ announcement of his forthcoming departure from the Federal Reserve Board of Governors: “Governor Quarles has been a tireless advocate for strengtheni...
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Luetkemeyer Holds Roundtable on Democrats’ Outrageous IRS Reporting Regime Proposal
Nov 5, 2021
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Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee and House Small Business Committee, held a roundtable discussion with members of the House Financial Services Committee and House Small Business Committee on the Democrats’ ...
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McHenry Statement on Passage of Democrats’ Spending Bill Under Guise of Infrastructure
Nov 5, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on House Democrats’ vote to pass their partisan spending bill under the guise of infrastructure: “Today the House voted on a $1.2 trillion dollar bill full of progressive prio...
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McHenry Statement on Updated SEC Guidance on Shareholder Proposals Regarding Social Issues
Nov 3, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement, which echoes the concerns expressed by Republican Commissioners Hester Peirce and Elad Roisman, regarding the guidance issued today by the Securities and Exchange Commissio...
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