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House Passes McHenry’s Bipartisan Crowdfunding Bill to Support Small Businesses
Oct 28, 2019
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WASHINGTON – Today, the House of Representatives passed H.R. 4860, the Crowdfunding Amendments Act. This legislation, introduced by the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), will ensure investment crowdfunding can best support American small businesses an...
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Republicans Press Zuckerberg on Facebook’s Financial Innovation Outlook
Oct 24, 2019
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Today, the House Financial Services Committee held a hearing entitled, An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors, in which members had the opportunity to discuss the future of Project Libra with Facebook CEO, Mark Zuckerberg. Throughout the hearing, Comm...
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McHenry: The Wave of Innovation is Spreading Across the World—With or Without Us
Oct 23, 2019
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a hearing on Facebook’s impact on the financial services sector with CEO Mark Zuckerberg. Watch Ranking Member McHenry’s remarks here or by clicking on the image...
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McHenry: Inaction on Housing Finance Reform Puts Taxpayers at Risk
Oct 22, 2019
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a hearing on housing finance reform. Witnesses at the hearing included Treasury Secretary Steven Mnuchin, Housing and Urban Development (HUD) Secretary Ben Carso...
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ICYMI: McHenry on Unchained: I Want the Default to be “Yes” to Innovation
Oct 22, 2019
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Today, Republican leader of the House Financial Services Committee Patrick McHenry (NC-10) appeared on Laura Shin’s cryptocurrency podcast, Unchained, to discuss his newly reintroduced bill, the Financial Services Innovation Act of 2019, to modernize and streamline how innovators interact with regul...
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Top Republican Leads Effort to Spur Financial Innovation
Oct 21, 2019
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Today, the lead Republican on the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced the Financial Services Innovation Act of 2019 to modernize and streamline how innovators interact with regulators. “Not only is financial innovation critical to our nation’s competitiveness, b...
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McHenry: Let’s Stop with Empty Bills and Get to Work for the American People
Oct 18, 2019
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This week, Democrats continued to push partisan, ill-conceived legislation through the House of Representatives. H.R. 1815, the “SEC Disclosure Effectiveness Testing Act” and H.R. 3624, the “Outsourcing Accountability Act,” neither of which will help everyday investors or strengthen our public marke...
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McHenry Announces Republican Committee Leadership Transitions
Oct 16, 2019
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced the following changes to the committee’s Republican leadership team: Ranking Member of the Subcommittee on Housing, Community Development, and Insurance – Steve Stivers (OH-15) Ranking Member of t...
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McHenry Remarks at Semi-Annual CFPB Hearing
Oct 16, 2019
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WASHINGTON – Today, the House Financial Services Committee held a hearing to conduct its semi-annual review of the Consumer Financial Protection Bureau (CFPB). Despite CFPB Director Kathy Kraninger’s work to enhance financial innovation, protect consumers from abusive debt collection practices, and ...
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Ranking Member McHenry Announces New Member of Financial Services Committee
Sep 26, 2019
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WASHINGTON – House Republicans have selected Congressman William Timmons (SC-4) to serve on the House Financial Services Committee. The top Republican on the Committee, Patrick McHenry (NC-10), issued the following statement in response: “Congressman Timmons’ experience as a small business owner wil...
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