News List

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Housing and Insurance Subcommittee Hearing Entitled: “PHA Oversight: How Scandals and Mismanagement Harm Residents and Taxpayers” Time: 10:00 AM ET Date: Wednesday, May 22, 2024 Place: 2128 Rayburn House Office Building Additional information… Read more »

Last week, the law firm Cleary Gottlieb released an independent, apolitical report confirming reports of widespread and entrenched misconduct at the Federal Deposit Insurance Corporation (FDIC). The report outlines a toxic workplace culture at the agency, as well as verbally abusive behavior by Chair Martin Gruenberg. Republicans on the House Financial Services Committee are leading the… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:   Full Committee Markup of H.R. 758, H.R. 3161, H.R. 8337, H.R. 8338, H.R. 8339, H.R. 4551, H.J.Res. 100, H.R. 8302. H.R. 3507, H.R. 7480, H.R. 8340   Time: 10:00 AM ET Date: Thursday, May 16, 2024 Place: 2128 Rayburn House Office… Read more »

Today, the House Committee on Rules publicly noticed its intent to consider the Financial Innovation and Technology for the 21st Century (FIT21) Act, clearing a pathway for a floor vote later this month. The FIT for the 21st Century Act is an important first step towards achieving regulatory clarity for digital assets. FIT21 provides the robust, time-tested consumer protections and… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), delivered remarks on the House floor in support of H.J.Res. 109, “Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ‘Staff Accounting Bulletin No. 121.’”   H.J.Res. 109… 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 Prudential Regulators” Time: 10:00 AM ET Date: Wednesday, May 15, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, committee memo, relevant… Read more »

Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization, Part II."   Watch Chairman Luetkemeyer’s opening… Read more »

Today, the U.S. House of Representatives passed Representative Mike Flood’s (NE-01) bipartisan H.J.Res. 109, “Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ‘Staff Accounting Bulletin No. 121.’” H.J.Res. 109 overturns the SEC’s SAB 121 under the Congressional… Read more »

Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled, “SEC Enforcement: Balancing Deterrence with Due Process.”   Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as prepared for delivery.   “I would like to thank you all for joining… Read more »

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the independent report released today by Cleary Gottlieb regarding allegations of entrenched and widespread misconduct at the FDIC. “It’s time for Chair Gruenberg to step aside. The independent report released today details his inexcusable… Read more »