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Rep. Kim Testifies in Support of the Iran Counterterrorism Act of 2023

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Today, Representative Young Kim (CA-40) appeared before the House Committee on Rules to speak in support of her bill, H.R. 6323, the Iran Counterterrorism Act of 2023. H.R. 6323 requires Iran to cease support for acts of international terrorism as a condition for the President to waive secondary sanctions imposed on the regime in Tehran. The bill also provides for a…

MARKUP NOTICE: Full Committee Markup of Various Regulatory Oversight Measures

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:   Full Committee Markup of H.R. 5535, H.R. 802, H.R. 7437, H.R. 7440, H.R. 7428, H.R. 4206, H.R. 4116, H.J. Res. 127, H.J. Res. 122, H.J. Res. 120, H.J. Res. 125, H.J. Res. 126, H.J. Res. 124   Time: 10:00 AM ET Date: Wednesday, April 17,…

Chairman McHenry, Rep. Pettersen Reintroduce Bill to Protect America’s Critical Financial Infrastructure from Ransomware Attacks

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House Financial Services Committee Chairman Patrick McHenry (R-NC) and U.S. Representative Brittany Pettersen (D-CO) today introduced the bipartisan Ransomware and Financial Stability Act. This legislation will protect the critical financial infrastructure that makes daily economic activity possible by deterring hackers and setting commonsense guide rails for financial institutions…

McHenry: The SEC’s Final Climate Disclosure Rule Would Be Catastrophic for Our Markets and American Competitiveness

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the Securities and Exchange Commission’s (SEC) disastrous climate risk disclosure final rule. Republicans will examine the numerous consequences of this fatally flawed rule which exceeds the agency’s authority, threatens our economy, and overwhelms investors with…

HEARING NOTICE: Subcommittees on National Security, Illicit Finance, and International Financial Institutions & Financial Institutions and Monetary Policy

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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: “Held for Ransom: How Ransomware Endangers Our Financial System”   Time: 10:00 AM ET Date: Tuesday, April 16, 2024 Place: 2128 Rayburn…

HEARING NOTICE: Beyond Scope: How the SEC’s Climate Rule Threatens American Markets

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Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Full Committee Hearing Entitled: “Beyond Scope: How the SEC’s Climate Rule Threatens American Markets”   Time: 10:00 AM ET Date: Wednesday, April 10, 2024 Place: 2128 Rayburn House Office Building   Additional information regarding the…

Financial Services, Agriculture Republicans Demand SEC Clarify Position Regarding Prometheum’s Custody of Ethereum’s Ether

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Following Prometheum’s announcement that its subsidiary, Prometheum Capital, will provide custody services for the digital asset, Ether (ETH), Republicans on the House Financial Services Committee and House Committee on Agriculture, led by Chairmen Patrick McHenry (NC-10) and Glenn “GT” Thompson (PA-15) and Reps. French Hill (AR-02), Dusty Johnson (R-SD), Tom Emmer (MN-06), and Warren…

McHenry: Biden’s Banking Regulators are Attempting to Force Progressive Pet Projects—All Pushed by Global Governance Bodies—Through Our Financial System

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the dangers of ceding authority over American financial regulation to opaque and unaccountable global governance bodies. Republicans will hold banking regulators accountable for their dealings with global governance groups, especially when their guidance weakens…

Wagner Delivers Remarks at Hearing to Examine SEC Overreach and the Need for Reform

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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, “SEC Overreach: Examining the Need for Reform.”   Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as prepared for delivery. “Thank you for joining today’s hearing where we will…

Davidson Delivers Remarks at Hearing to Examine the Characteristics and Challenges of Today’s Homebuyers

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Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “The Characteristics and Challenges of Today’s Homebuyers.”   Watch Chairman Davidson’s opening remarks here.   Read Chairman Davidson’s opening remarks as prepared for…

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