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), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), sent a letter to FDIC Chairman Martin Gruenberg informing him of the Committee’s investigation into… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding allegations of widespread and entrenched misconduct within the Federal Deposit Insurance Corporation (FDIC), including by Chairman Martin Gruenberg.
“Chairman Gruenberg has a lot of explaining to do. Yesterday, he initially… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), and Senator Cynthia Lummis (R-WY) led a letter with a bipartisan group of colleagues to the prudential regulators—the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors (Fed), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of the prudential regulators. Republican lawmakers will address the regulators’ harmful Basel III endgame proposal, ceding of regulatory authority to global governance bodies, failure to adhere to statutory rulemaking processes, and a trend towards… Read more »
Today, House Financial Services Committee Chairman Patrick McHenry (NC-10), Majority Whip Tom Emmer (MN-06), Digital Asset Subcommittee Chairman French Hill (AR-02), and Congressman Ritchie Torres (NY-15) led 53 of their colleagues on a bipartisan letter to President Biden and Treasury Secretary Janet Yellen to inquire into the size, scope, and duration of Hamas’s crypto… Read more »
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 “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets.”
Watch Chairman Hill’s opening remarks here.
Read Chairman Hill’s opening remarks as… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10) and Congressman Ritchie Torres (NY-15), led a bipartisan group of lawmakers in a letter to the United States Department of the Treasury (Treasury) urging the agency to revise its proposed implementation of unworkable digital asset tax reporting requirements as enacted in the Infrastructure Investment… Read more »
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), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06) sent a letter to the Office of the Inspector General (OIG) for the Federal Deposit Insurance Corporation (FDIC). In… Read more »
Following the unprovoked attack on Israel by Iranian-backed Hamas terrorists and ongoing geopolitical turmoil, Republicans on the House Financial Services Committee are holding a markup of national security legislation. Republicans’ coordinated response to recent terror attacks includes legislation to further penalize Hamas and Iran for their role in perpetuating violence… Read more »
Today, the House Financial Services Committee passed eleven bipartisan pieces of legislation in the wake of the barbaric attack on Israel by Iranian-backed Hamas terrorists and ongoing geopolitical turmoil. Included among the bills reported to the House for consideration are measures to further penalize Hamas and Iran for their role in perpetuating violence against… Read more »
