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McHenry Statement on President’s Working Group on Financial Markets, Along With the FDIC and OCC, Report on Stablecoins
Nov 1, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding the report on stablecoins released by the President’s Working Group on Financial Markets, along with the Federal Deposit Insurance Corporation (FDIC) and the Offic...
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Committee Republicans are Taking Action to Rein in Unaccountable CFPB
Oct 27, 2021
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In advance of today’s hearing with the new Consumer Financial Protection Bureau (CFPB) Director, Rohit Chopra, Committee Republicans are taking action to rein in the unaccountable agency. Since its inception, the CFPB’s structure and funding mechanisms have insulated it from transparency and account...
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McHenry to Chopra: You’ve Made it Clear the CFPB Will Be Run by Richard Cordray 2.0
Oct 27, 2021
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Today, the House Financial Services Committee is holding a hearing with the new Consumer Financial Protection Bureau (CFPB) Director, Rohit Chopra. While the Biden Administration and Director Chopra seek to return the CFPB to its days of regulation through enforcement, Committee Republicans are taki...
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McHenry, Luetkemeyer Call for Hearing on Democrats’ Outrageous IRS Reporting Proposal
Oct 27, 2021
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Today, Congressman Patrick McHenry (NC-10), Ranking Member of the House Financial Services Committee, and Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Consumer Protection & Financial Institutions Subcommittee, sent a letter to Chairwoman Maxine Waters regarding the urgent need to ho...
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Reps. McHenry & Maloney Celebrate Passage of the Financial Transparency Act
Oct 25, 2021
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Today, Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, and Congresswoman Carolyn B. Maloney (D-NY), Senior Member of the House Financial Services Committee and previous Chair of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Marke...
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USPS’s Financial Services Pilot Program was Hidden from Congress and Raises Serious Questions
Oct 22, 2021
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Today, House Committee on Financial Services Ranking Member Patrick McHenry (R-N.C.) and House Committee on Oversight and Reform Ranking Member James Comer (R-Ky.) wrote a letter to Postmaster General Louis DeJoy expressing their concerns regarding a United States Postal Service (USPS) pilot program...
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McHenry To Democrats: We’re Here Today Because Your Priorities Are Being Cut and You’re Angry About It
Oct 21, 2021
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Today, the House Financial Services Committee is holding another hearing on the partisan housing provisions in Democrats’ massive spending bill, the so-called Build Back Better Act. At the same time, Democrats’ own party leadership is considering cutting the housing provisions from the bill altogeth...
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McHenry, Emmer Call on IG to Release Findings on Politically Motivated Removal of CFPB Career Staff
Oct 21, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), sent a letter to the Inspector General (IG) for the Consumer Financial Protection Bureau (CFPB), Mark Bialek. T...
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Luetkemeyer, McHenry Blast SBA for Lack of Communication on Small Business Relief
Oct 18, 2021
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Today, House Committee on Financial Services Republican Leader Patrick McHenry and House Committee on Small Business Republican Leader Blaine Luetkemeyer sent a letter to Administrator Guzman of the Small Business Administration (SBA) voicing significant concerns with the lack of communication and r...
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Committee Republicans Outline Concerns with Recent Partisan, Anti-Consumer Actions in Letter to New CFPB Director
Oct 15, 2021
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In advance of a Consumer Financial Protection Bureau (CFPB) oversight hearing later this month, all Financial Services Committee Republicans, led by Patrick McHenry (NC-10), sent a letter to the new Director of the CFPB, Rohit Chopra. The letter outlines Republicans’ concerns with three partisan, an...
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