Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve Chairman Jerome Powell. Lawmakers will question Chair Powell on banking regulators’ Basel III Endgame proposal, the ongoing fight to tackle inflation, and the Fed’s commitment to its independence.
Ahead of today’s hearing, all Republicans on the House Financial Services… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Securities and Exchange Commission (SEC) issued its final rule to require climate-related risk disclosures.
“The Securities and Exchange Commission is not a climate regulator,” said Chairman McHenry. “No matter how badly Chair Gensler wants to… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Bureaucratic Overreach or Consumer Protection? Examining the CFPB’s Latest Action to Restrict Competition in Payments”
Time: 9:00 AM ET
Date: Wednesday, March 13,… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the U.S. House of Representatives passed the Consolidated Appropriations Act of 2024.
“I applaud Speaker Johnson for his work to bring this deal together,” said Chairman McHenry. “Leaders get the best results they can with the tools at their… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), led debate on the House floor in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 builds on the successful, bipartisan JOBS Act of 2012 to facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Consumer Financial Protection Bureau (CFPB) released its final rule regarding credit card late fees that raises the cost of borrowing for all consumers.
“The Biden Administration continues to weaponize financial regulators to play politics in… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), appeared before the House Committee on Rules to speak in support of H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 will facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new opportunities for all… Read more »
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: “Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization”
Time: 10:00 AM ET
Date: Tuesday, March… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of fintech, housing, and national security legislation. Members will consider proposals that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the… Read more »
Today, the House Financial Services Committee advanced five pieces of legislation out of Committee that bring greater accountability to the Department of Housing and Urban Development (HUD), ensure the Secret Service has the tools to detect and deter illicit finance, and reverse the Securities and Exchange Commission’s (SEC) SAB 121 digital asset accounting guidance under the… Read more »
