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McHenry Announces Markup of Legislation to Provide Clarity for the Digital Asset Ecosystem, Address National Security Concerns

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:   Markup of H.R. 4763, H.R. 4766, H.R. 1747, H.R. 3244, H.R. 4768, H.R. 4765, H.R. 2969   Time: 10:00 AM ET   Date: Wednesday, July 26, 2023   Place: 2128 Rayburn House Office Building   Additional information…

Committees Introduce Financial Innovation and Technology for the 21st Century Act

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Today, French Hill (AR-02), Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, Glenn "GT" Thompson (PA-15), Chairman of the House Committee on Agriculture, and Dusty Johnson (SD-AL), Chairman of the Subcommittee on Commodity Markets, Digital Assets, and Rural Development, introduced H.R. 4763, the Financial Innovation and Technology for the…

Wagner Delivers Remarks at Hearing to Conduct Oversight of the SEC’s Division of Corporation Finance

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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, “Oversight of the SEC’s Division of Corporation Finance.”   Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as prepared for delivery.   “Thank you for joining us today. This…

Barr Delivers Remarks at Hearing to Examine the Biden Administration’s Injection of Partisan Climate Policies into Banking Regulations

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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 “Climate-Risk: Are Financial Regulators Politically Independent?” Watch Chairman Barr’s opening remarks here. Read Chairman Barr’s opening remarks as prepared for…

Luetkemeyer Delivers Remarks at Hearing to Examine the Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking

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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 “Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking."   Watch Chairman Luetkemeyer’s opening remarks here. Read…

De La Cruz Delivers Remarks at Hearing to Examine How Mandates Like ESG Distort Markets and Drive-Up Costs for Insurance and Housing

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Today, the House Financial Services Subcommittee on Housing and Insurance is holding a hearing entitled “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing.” Watch Vice Chair Monica De La Cruz’s (TX-15) opening remarks here. Read Vice Chair De La Cruz’s opening remarks as prepared for delivery:   “The Subcommittee…

McHenry, Thompson Statement on U.S. District Court Ruling in SEC v. Ripple

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the House Agriculture Committee, Glenn “GT” Thompson (PA-15), issued the following statement regarding the U.S. District Court of the Southern District of New York’s ruling in SEC v. Ripple Labs Inc. et al. and the need for legislative clarity in the digital asset…

WSJ Editorial Board: Cracking the Proxy Advisory Duopoly

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By The Editorial Board Corporations these days face an onslaught of environmental, social, and governance (ESG) proxy resolutions from progressive investors. But the real driving force behind this campaign is the proxy advisory duopoly, Glass Lewis and Institutional Shareholder Services (ISS). On Thursday the House Financial…

Wagner Delivers Remarks at Hearing on Reforming the Proxy Process to Safeguard Investor Interests

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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 "Reforming the Proxy Process to Safeguard Investor Interests."   Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as prepared for delivery:   “Thank you for…

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