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McHenry, Hill Statement Regarding Spot Bitcoin ETF Approvals

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02), issued the following statement after the Securities and Exchange Commission (SEC) announced approval of several pending spot Bitcoin exchange-traded fund (ETF) applications.   “Today’s…

HEARING NOTICE: Subcommittee on National Security, Illicit Finance, and International Financial Institutions

| Posted in Press Releases

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: “International Financing of Nuclear Energy” Time: 10:00 AM ET Date: Wednesday, January 17, 2024 Place: 2128 Rayburn House Office…

Financial Services Committee Republicans Demand Briefing from SEC on Compromised X Account, Unauthorized Bitcoin ETF Post

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), the Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, French Hill (AR-02), and the Chairman of the Subcommittee on Capital Markets, Ann Wagner (MO-02), sent a letter to…

Rep. Warren Davidson in The Hill: Setting the record straight and debunking unworkable illicit finance proposals

| Posted in Member Corner

January 8, 2024 | By Rep. Warren Davidson (R-Ohio) Congress has been inundated with calls to create an expansive anti-money laundering framework to address the over-exaggerated (and often mischaracterized) presence of illicit finance in the digital asset ecosystem. It’s time we had a serious discussion on what these proposals…

McHenry Statement on Topline Spending Agreement

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after House and Senate leadership announced an agreement on topline spending levels for Fiscal Year 2024 appropriations. The agreement reinforces the historic spending cuts and regulatory changes from the Fiscal Responsibility Act, which Chairman McHenry and Congressman…

HEARING NOTICE: Oversight of the Department of Housing and Urban Development and the Federal Housing Administration

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration” Time: 10:00 AM ET Date: Thursday, January 11, 2024 Place: 2128 Rayburn House Office Building  Additional…

HEARING NOTICE: Subcommittees on Capital Markets and Digital Assets, Financial Technology & Inclusion

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Capital Markets Subcommittee Hearing Entitled: “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access” Time: 10:00 AM ET Date: Wednesday, January 10, 2024 Place: 2128 Rayburn House Office Building  Additional…

McHenry Statement on FinCEN’s Final Rule Regarding Access to Beneficial Ownership Information

| Posted in Press Releases

Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Financial Crimes Enforcement Network’s (FinCEN) release of its final rule regarding access to beneficial ownership information. “While FinCEN’s final rule regarding access to beneficial ownership information is a step in the right direction,…

McHenry, Flood Lead Letter Urging CFPB to Extend Comment Period for Larger Participants Rule

| Posted in Press Releases

The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Congressman Mike Flood (NE-01) led 18 of their colleagues on a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra requesting an extension of the comment period for the proposed rulemaking entitled, “Defining Larger Participants of a Market for General-Use Digital…

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