Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, Blaine Luetkemeyer (MO-03), issued the following statement in response to the Biden Administration’s Executive Order restricting outbound investment into… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after PayPal announced the launch of its payment stablecoin. This follows the House Financial Services Committee passing the bipartisan Clarity for Payment Stablecoins Act, which identifies regulatory paths for approving and regulating stablecoin issuers while ensuring… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of legislation to establish a regulatory framework for payment stablecoins, protect self-custody for digital assets, overturn the CFPB’s disastrous small business lending data collection rule, and combat the influence of ESG initiatives in our financial markets. The… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding federal financial regulators’ actions to consider raising capital requirements and implementing “Basel III” standards on U.S. financial institutions.
“While American families, workers, and small businesses continue to suffer the consequences of… Read more »
Today, the House Financial Services Committee passed seven pieces of legislation out of Committee that establish a regulatory framework for payment stablecoins, protect self-custody for digital assets, overturn the CFPB’s disastrous small business lending data collection rule, and combat the influence of ESG initiatives in our financial markets. Included among this legislation is the… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a markup of legislation to provide clear rules of the road for the digital asset ecosystem and address national security concerns. The FIT for the 21st Century Act is a historic first step towards achieving legislative clarity for digital assets, providing robust, time-tested… Read more »
Today, the House Financial Services Committee is considering the Financial Innovation and Technology (FIT) for the 21st Century Act to provide clarity for the digital asset ecosystem. This unprecedented effort, led by House Financial Services Committee Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) and House Agriculture Committee Chairman… Read more »
Today, the House Financial Services Committee passed six pieces of legislation out of Committee—many of which received bipartisan support—that provide robust consumer protections and legislative clarity for the digital asset ecosystem, as well as protect our national security. Included among this legislation is the FIT for the 21st Century Act, an unprecedented joint effort to… Read more »
Ahead of this week’s legislative markup, Republicans on the House Financial Services Committee introduced four comprehensive bills to address the threats environmental, social, and governance (ESG) initiatives pose to the American financial system. These measures represent the first step in Republican efforts to combat the ESG movement by restricting politically motivated,… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:
Markup of H.R. 4766, the Keep Your Coins Act of 2023, H.R. 4790, H.R. 4767, H.R. 4823, H.R. 4655, H.J. Res. 66
Time: 9:00 AM ET
Date: Thursday, July 27, 2023
Place: 2128 Rayburn House Office Building
Additional… Read more »
