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HEARING NOTICE: Subcommittees on Capital Markets and Financial Institutions & Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following subcommittee hearings: Subcommittee on Capital Markets: Hearing Entitled: “Sophistication or Discrimination? How the Accredited Investor Definition Unfairly Limits Investment Access for the Non-wealthy and the Need for Reform” Time: 10:00 AM ET Date: Wednesday,…

House Passes Three Bipartisan Financial Services Bills

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Today, the U.S. House of Representatives passed several pieces of bipartisan financial services legislation. Among the bipartisan bills passed are initiatives to combat the financial exploitation of our seniors and other vulnerable adults, streamline federal credit union board meeting requirements, and increase access to capital for rural small businesses. The financial services bills…

McHenry Announces Financial Services Majority Staff for the 118th Congress

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the majority Committee staff for the 118th Congress.   “I’m a firm believer that talented staff makes the work of members, and Congress as a whole, possible,” said Chairman McHenry. “Each individual brings a unique background and expertise that will help Committee…

McHenry Announces Subcommittee Assignments for 118th Congress

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced Subcommittee Assignments for the 118th Congress. “I congratulate all of our Republican members on their subcommittee assignments for the 118th Congress,” said Chairman McHenry. “With such a competent and dynamic team, Committee Republicans are ready to hit the ground running…

McHenry Statement on Nomination of Ron Borzekowski to Lead Treasury’s Office of Financial Research

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to President Joe Biden’s nomination of Ron Borzekowski as the head of the Office of Financial Research (OFR) at the U.S. Treasury Department. “The days of Democrats using critical financial regulators to push progressive priorities with zero consequences…

McHenry Announces Financial Services Subcommittee Chairs and Jurisdiction for 118th Congress

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the Financial Services Committee’s subcommittees, as well as Chairs and jurisdiction for the 118th Congress. “Committee Republicans are ready to deliver on our promises made to the American people,” said Chairman McHenry. “This slate of subcommittee Chairs will be the drivers of…

McHenry, Stefanik, Smith, Comer Introduce REIN IN Inflation Act

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House Financial Services Committee Chairman Patrick McHenry (R-NC ), Congresswoman Elise Stefanik (R-NY), House Ways and Means Chairman Jason Smith (R-MO), and House Committee on Oversight and Accountability Chairman James Comer (R-KY) today introduced the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill would require the administration to…

McHenry Slams CFPB Director Chopra’s Moves to Create Registry of Nonbank Financial Firms

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) recent actions regarding the registration of nonbank financial firms. “This is another attempt by Director Chopra to unilaterally expand the CFPB’s authority beyond Congress’ intent and to mandate what…

McHenry Announces Republican Members Selected to Serve on the Financial Services Committee for the 118th Congress

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the new Committee members recommended by House Republican Steering Committee. “I’m proud to welcome all of our new and returning members to the House Financial Services Committee under Republican leadership,” said Chairman McHenry. “From oversight of the Biden Administration, to enhancing…

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