News List

Today, the U.S. House of Representatives passed Chairman Patrick McHenry’s (NC-10) 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 investors. “Across the country, entrepreneurs with a new idea, or seeking to grow… Read more »

Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Politicized Financial Regulation and its Impact on Consumer Credit and Community Development.”   Watch Chairman Barr’s opening remarks here.   Read Chairman Barr’s opening remarks as… Read more »

In advance of today’s hearing with Federal Reserve Chair Jerome Powell, Chairman Patrick McHenry (NC-10) and Financial Institutions and Monetary Policy Subcommittee Chairman Andy Barr (KY-06), led all Republicans on the House Financial Services Committee in a letter to Fed Chair Powell, Acting Comptroller of the Currency Michael Hsu, and Federal Deposit Insurance Corporation… Read more »

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 »