Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Consumer Financial Protection Bureau (CFPB) released its final rule regarding credit card late fees that raises the cost of borrowing for all consumers.
“The Biden Administration continues to weaponize financial regulators to play politics in… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), appeared before the House Committee on Rules to speak in support of 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… Read more »
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: “Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization”
Time: 10:00 AM ET
Date: Tuesday, March… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of fintech, housing, and national security legislation. Members will consider proposals that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the… Read more »
Today, the House Financial Services Committee advanced five pieces of legislation out of Committee that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the Securities and Exchange Commission’s (SEC) SAB 121 digital asset accounting guidance under the… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: “Politicized Financial Regulation and its Impact on Consumer Credit and Community Development”
Time: 10:00 AM ET
Date: Thursday, March 7, 2024
Place: 2128 Rayburn House Office… Read more »
The House Financial Services Committee is conducting its investigation into reports of widespread workplace misconduct at the Federal Deposit Insurance Corporation (FDIC). If anyone would like to share their story, they may do so via email or by visiting our website.
Whistleblowers play a vital role in… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Federal Reserve’s Semi-Annual Monetary Policy Report”
Time: 10:00 AM ET
Date: Wednesday, March 6, 2024
Place: 2128 Rayburn House Office Building
Witness: The Honorable Jerome H. Powell, Chair, Board of Governors of… Read more »
To ensure the United States continues to lead the world in financial innovation, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced the Financial Services Innovation Act. This legislation establishes federal regulatory “sandboxes” through Financial Services Innovation Offices (FSIOs) at federal financial regulators, allowing… 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. 6864, H.R. 7280, H.R. 5535, H.R. 802, H.R. 7156, H.R. 7437, H.J.Res. 109, H.R. 7440, H.R. 7428, the Wildfire Insurance Coverage Study Act of 2023, H.R. 4206, H.R. 4116
Time: 10:00 AM… Read more »
