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FIELD HEARING NOTICE: Subcommittee on Oversight and Investigations

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following field hearing:    Oversight and Investigations Subcommittee Field Hearing Entitled: “Victims of Regulatory Overreach: How the SEC’s Climate Disclosure Rule Will Harm Americans” Time: 10:00 AM CT/11:00 AM ET Date: Monday, March 18, 2024 Place: Made in…

Growing Support for Committee Republicans’ Expanding Access to Capital Act

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Today, the U.S. House of Representatives will consider Chairman Patrick McHenry’s (NC-10) H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 builds on the success of the bipartisan JOBS Act of 2012 to facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new opportunities for all…

House Passes Expanding Access to Capital Act

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Today, the U.S. House of Representatives passed Chairman Patrick McHenry’s (NC-10) H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 will facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new opportunities for all investors. “Across the country, entrepreneurs with a new idea, or seeking to grow…

Barr Delivers Remarks at Hearing to Examine the Politicization of Financial Regulation and its Impact on Consumer Credit and Community Development

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Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Politicized Financial Regulation and its Impact on Consumer Credit and Community Development.”   Watch Chairman Barr’s opening remarks here.   Read Chairman Barr’s opening remarks as…

All Financial Services Committee Republicans Demand Banking Regulators Withdraw Basel III Endgame Proposal

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In advance of today’s hearing with Federal Reserve Chair Jerome Powell, Chairman Patrick McHenry (NC-10) and Financial Institutions and Monetary Policy Subcommittee Chairman Andy Barr (KY-06), led all Republicans on the House Financial Services Committee in a letter to Fed Chair Powell, Acting Comptroller of the Currency Michael Hsu, and Federal Deposit Insurance Corporation…

McHenry to Chair Powell: Stick to the Task at Hand and Follow the Data—the Stakes are Too High to Put Politics Over Sound Policy

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Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. Lawmakers will question Chair Powell on banking regulators’ Basel III Endgame proposal, the ongoing fight to tackle inflation, and the Fed’s commitment to its independence.   Ahead of today’s hearing, all Republicans on the House Financial Services…

McHenry Slams SEC’s Final Climate Disclosure Rule

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Securities and Exchange Commission (SEC) issued its final rule to require climate-related risk disclosures.  “The Securities and Exchange Commission is not a climate regulator,” said Chairman McHenry. “No matter how badly Chair Gensler wants to…

HEARING NOTICE: Subcommittee on Digital Assets, Financial Technology and Inclusion

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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: “Bureaucratic Overreach or Consumer Protection? Examining the CFPB’s Latest Action to Restrict Competition in Payments”   Time: 9:00 AM ET Date: Wednesday, March 13,…

McHenry Statement on Passage of Consolidated Appropriations Act of 2024

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the U.S. House of Representatives passed the Consolidated Appropriations Act of 2024.   “I applaud Speaker Johnson for his work to bring this deal together,” said Chairman McHenry. “Leaders get the best results they can with the tools at their…

McHenry on House Floor: The Expanding Access to Capital Act Will Benefit Americans in Every Single One of Our Districts

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led debate on the House floor in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 builds on the successful, bipartisan JOBS Act of 2012 to facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new…

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