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McHenry, Luetkemeyer, Barr, Hill Urge NSA Sullivan to Abandon Failed Russian Oil Price Cap Scheme in Favor of Comprehensive Energy Sanctions

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The Chairman of the Financial Services Committee, Patrick McHenry (NC-10), was joined by the Chairman of the National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman, Rep. Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Monetary Policy Subcommittee, Rep. Andy Barr (KY-06), and Chairman of the Digital Assets, Financial…

Chair McHenry, Rep. Davidson, Senators Rick Scott, and Rounds Lead 76 Colleagues in Bicameral Letter to FinCEN Demanding Delay of Red-Tape Rule on Small Businesses

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Following concerns from constituents and small business groups about a new financial reporting requirement expected to take effect in just a few weeks, House Financial Services Committee Chairman Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike Rounds (R-SD) led 76 of their colleagues in sending a bicameral letter to…

McHenry Highlights Similarities Between CFPB’s 1033 Proposal & Republicans’ Data Privacy Act of 2023

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The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a comment letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra in response to the CFPB’s notice of proposed rulemaking that would implement Section 1033 of the Dodd Frank Wall Street Reform Act and Consumer Financial Protection Act of 2010. The proposed…

Huizenga Delivers Remarks at Hearing to Get Answers from the Biden Administration on the Iranian Regime’s Support for 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 Part 2: Getting Answers from the Biden Administration on the Iranian Regime’s Support for Terrorism.”   Watch Chairman Huizenga’s opening remarks here.   Read…

Luetkemeyer Delivers Remarks at Hearing to Strengthen Energy Sanctions on Russia, Iran, and Venezuela

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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 “Restricting Rogue-State Revenue: Strengthening Energy Sanctions on Russia, Iran, and Venezuela.”   Watch Chairman Luetkemeyer’s opening…

Wagner Delivers Opening Remarks at Hearing to Examine the Agenda of Regulators, SROs, and Standards-Setters for Accounting, Auditing

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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled “Examining the Agenda of Regulators, SROs, and Standards-Setters for Accounting, Auditing.”   Watch Chairman Wagner’s opening remarks here. Read Chairman Wagner’s opening remarks as prepared for…

Barr, Huizenga, Hill Demand OCC Briefing Following Hiring Blunder

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Following reports that the Office of the Comptroller of the Currency (OCC) hired an individual with falsified credentials as Deputy Comptroller and Chief Financial Technology Officer, the Chairman of the Financial Institutions and Monetary Policy Subcommittee, Rep. Andy Barr (KY-06), Chairman of the Oversight and Investigations Subcommittee, Rep. Bill Huizenga (MI-04), and Chairman of the…

Hill Delivers Remarks at Digital Assets, Financial Technology and Inclusion Subcommittee Field Hearing

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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 field hearing entitled “Connecting Communities: Building Innovation Ecosystems Across America.”   Watch Chairman Hill’s opening remarks here.   Read Chairman Hill’s opening remarks as…

Davidson Delivers Remarks at Hearing to Explore Government Barriers and Market-Based Solutions to Housing Affordability

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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 “Housing Affordability: Governmental Barriers and Market-Based Solutions.”   Watch Chairman Davidson’s opening remarks here.   Read Chairman Davidson’s opening remarks as…

Hearing Notice: Subcommittee on Oversight and Investigations

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:    Oversight and Investigations Subcommittee Hearing Entitled: “Moving the Money Part 2: Getting Answers from the Biden Administration on the Iranian Regime’s Support of Terrorism” Time: 9:00 AM ET Date: Wednesday, December 13, 2023 Place: 2128…

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