Today, the U.S. House of Representatives passed H.R. 4763, the “Financial Innovation and Technology for the 21st Century Act,” in a watershed moment for the U.S. digital asset ecosystem. FIT21 provides the robust, time-tested consumer protections and regulatory certainty necessary to allow digital asset innovation to flourish in the United States.
“Today, the House took a… Read more »
Today, Congressman French Hill, the Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, appeared before the House Committee on Rules to speak in support of H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21) and H.R. 5403, the CBDC Anti-Surveillance State Act. The FIT for the 21st Century Act is an… Read more »
Today, the U.S. House of Representatives passed H.R. 807, the “Working Dog Commemorative Coin Act,” and H.R 1097, the “Everett Alvarez, Jr. Congressional Gold Medal Act of 2023.” H.R. 807 honors the working dogs who protect Americans at home and abroad and the extraordinary people that benefit from their service by directing the U.S. Treasury to mint and issue coins in commemoration of… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after disgraced Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg announced his intent to resign once a successor is confirmed.
“Chair Gruenberg is once again putting Democrats’ politicized regulatory agenda ahead of the wellbeing of the… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), Ranking Member Maxine Waters (D-CA), U.S. Senator Mike Crapo (R-ID), and U.S. Senator Mark Warner (D-VA) sent a letter to federal financial regulators urging them to implement their respective obligations under the Financial Data Transparency Act (FDTA) as directed by the National Defense… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Supreme Court of the United States (SCOTUS) released its decision in Consumer Financial Protection Bureau et al. v. Community Financial Services Association of America, Ltd., et al.
“Despite the setback from today’s ruling, Republicans… Read more »
Today, the House Financial Services Committee is holding a markup of various measures. These include a slate of financial institutions, capital markets, and housing legislation to improve efficiency and accountability at federal agencies, as well as expand economic opportunity.
Watch Chairman McHenry’s opening remarks here.
Read Chairman McHenry’s… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), reported eleven pieces of legislation out of Committee favorably to the full House for consideration. These include a slate of financial institutions, capital markets, and housing legislation to improve efficiency and accountability at federal agencies, as well as expand economic… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of Biden’s prudential banking regulators. Republicans will hold Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg to account following the publication of Cleary Gottlieb’s independent report confirming allegations of… Read more »
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 »
