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McHenry, Barr Demand Answers on Regulators’ Dealings with Global Governance Bodies

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Ahead of tomorrow's hearing with prudential regulators, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), sent letters to the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors (Fed), and the Federal Deposit Insurance…

HEARING NOTICE: Oversight of Prudential Regulators

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Full Committee Hearing Entitled: “Oversight of Prudential Regulators” Time: 9:30 AM ET Date: Wednesday, November 15, 2023 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, committee memo, and…

HEARING NOTICE: Subcommittee on Digital Assets, Financial Technology and Inclusion

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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: “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets” Time: 2:00 PM ET Date: Wednesday, November 15, 2023 Place: 2128 Rayburn House Office…

MARKUP NOTICE: Full Committee Markup of National Security Legislation

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup: Full Committee Markup of H.R. 5921, H.R. 5923, H.R. 6245, the Iran Counterterrorism Act of 2023, the End Financing to Hamas and State Sponsors of Terrorism Act, H.R. 5945, H.R. 6000, H.R. 6015, the Armed Conflict Migration Act of 2023, the OFAC Licensure for…

Barr Delivers Opening Remarks at Hearing to Examine How the Biden Administration is Ceding Authority Over American Financial Regulation

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Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation.”   Watch Chairman Barr’s opening remarks here.   Read Chairman…

McHenry Slams CFPB Digital Payments Proposed Rule

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to a notice of proposed rulemaking from the Consumer Financial Protection Bureau (CFPB) regarding digital wallets and payments applications that stretches the Bureau’s authority to eliminate consumer choice and stymie the development of innovative…

Wagner Delivers Opening Remarks at Hearing to Examine the Consequences of the SEC’s Agenda for U.S. Capital Markets and Investors

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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 SEC’s Agenda: Unintended Consequences for U.S. Capital Markets and Investors.”   Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as…

HEARING NOTICE: House Financial Services Committee Member Day

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:    Full Committee Hearing Entitled: “Member Day”   Time: 9:00 AM ET Date: Thursday, November 9, 2023 Place: 2128 Rayburn House Office Building   Members of Congress, Delegates, and the Resident Commissioner will have the opportunity to…

Davidson Delivers Remarks at Hearing to Examine the Factors Influencing the High Cost of Insurance for Consumers

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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 “The Factors Influencing the High Cost of Insurance for Consumers.”   Watch Chairman Davidson’s opening remarks here.   Read Chairman Davidson’s opening remarks as prepared for…

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