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HEARING NOTICE: House Financial Services Committee Member Day

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:    Full Committee Hearing Entitled: “Member Day”   Time: 9:00 AM ET Date: Thursday, November 9, 2023 Place: 2128 Rayburn House Office Building   Members of Congress, Delegates, and the Resident Commissioner will have the opportunity to…

Davidson Delivers Remarks at Hearing to Examine the Factors Influencing the High Cost of Insurance for Consumers

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Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “The Factors Influencing the High Cost of Insurance for Consumers.”   Watch Chairman Davidson’s opening remarks here.   Read Chairman Davidson’s opening remarks as prepared for…

HEARING NOTICE: A Review of Our Sanctions Regime and Efforts to Combat Terrorist Financing

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:    Full Committee Hearing Entitled: “A Review of Our Sanctions Regime and Efforts to Combat Terrorist Financing” Time: 10:00 AM ET Date: Wednesday, November 8, 2023 Place: CVC Auditorium   NOTE: It is anticipated that this hearing will…

HEARING NOTICE: Subcommittee on Financial Institutions and Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Financial Institutions & Monetary Policy Subcommittee Hearing Entitled: “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation” Time: 10:00 AM ET Date: Tuesday, November 7,…

McHenry, Lummis Release Statement Following GAO Determination on Staff Accounting Bulletin 121

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Today, Financial Services Committee Chair Patrick McHenry (R-NC) and U.S. Senator Cynthia Lummis (R-WY) released the following statement after the Government Accountability Office (GAO) determined that Staff Accounting Bulletin 121 (SAB 121) is a rule for the purposes of the Congressional Review Act. SAB 121 greatly harms consumers and is a clear overreach of the authority of the…

Huizenga Delivers Remarks at Hearing to Understand the Iranian Regime’s Access to Money and How They Use It to Support Terrorism

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Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing  entitled “Moving the Money: Understanding the Iranian Regime’s Access to Money Around the World and How They Use It to Support Terrorism.”   Watch Chairman Huizenga’s opening…

HEARING NOTICE: Subcommittees on Capital Markets and Housing & Insurance

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:    Capital Markets Subcommittee Hearing Entitled: “Examining the SEC’s Agenda: Unintended Consequences for U.S. Capital Markets and Investors” Time: 10:00 AM ET Date: Thursday, November 2, 2023 Place: 2128 Rayburn House Office…

Hill Delivers Opening Remarks at Hearing on Modernizing Financial Services Through Innovation and Competition

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Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Modernizing Financial Services Through Innovation and Competition.”   Watch Chairman Hill’s opening remarks here.   Read Chairman Hill’s opening remarks as…

Luetkemeyer Delivers Remarks at Hearing to Examine How America and Its Allies Can Stop Hamas, Hezbollah, and Iran from Evading Sanctions and Financing Terror

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Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “How America and Its Allies Can Stop Hamas, Hezbollah, and Iran from Evading Sanctions and Financing Terror.”   Watch Chairman Luetkemeyer’s opening…

McHenry, Barr Demand GAO Examine Role of U.S. Regulators in Basel Committee, Basel III Endgame Proposals

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Last week, House Financial Services Committee Chairman Patrick McHenry (NC-10) and Financial Institutions and Monetary Policy Subcommittee Chairman Andy Barr (KY-06) sent a letter to the Government Accountability Office (GAO). The letter asks the GAO to examine the role U.S. federal banking agencies played in work at the Basel Committee on Banking Supervision to develop the…

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