The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), and the top Republican on the Task Force on Financial Technology, Warren Davidson (OH-08), sent a letter to Treasury Secretary Janet Yellen. The letter asks Secretary Yellen to clarify how Treasury… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding the Biden Administration’s decision not to seek the removal of Kristalina Georgieva as the International Monetary Fund Managing Director:
“This decision reflects terribly on U.S. leadership at the IMF. Republicans and Democrats in… Read more »
Following Tuesday’s Financial Services Committee hearing with Securities and Exchange Commission (SEC) Chairman Gary Gensler, Republican Committee leaders are calling for an in-person hearing with the full Commission no later than next Spring. In a letter to Chairwoman Maxine Waters (CA-43), Republican Leader Patrick McHenry (NC-10) and Republican Leader of the Investor Protection,… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter requests Chair Gensler clarify his concerning and contradictory public remarks regarding the SEC’s authority to regulate the digital asset ecosystem.
Read Republican Leader McHenry’s full letter to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Clarity for Digital Tokens Act of 2021. This legislation ensures our regulatory framework embraces new technology and innovation by providing a “safe harbor” for startup digital asset projects, while maintaining important investor protections. By doing so, this bill will provide… Read more »
Today the House Financial Services Committee is holding a hearing with Securities and Exchange Commission (SEC) Chair Gary Gensler. Chair Gensler’s recent actions raise concern that he will run roughshod over appropriate process to implement Democrats’ agenda—which will harm everyday investors, weaken our capital markets, and put the U.S. at a competitive disadvantage.
Ranking… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), introduced H.R. 5458, the Small Entrepreneurs’ Empowerment and Development (SEED) Act of 2021. The SEED Act will create a new, permanent micro-offering exemption to help small businesses access capital to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the Congressional Budget Office (CBO) requesting a full cost estimate for the portion of the Democrats’ partisan spending package in the Committee’s jurisdiction. The Ranking Member called out Committee Democrats for considering these provisions last month without knowing the… Read more »
Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen, amid Democrats’ push to destroy our economic recovery with their partisan tax-and-spending spree.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here.
Read Republican Leader McHenry’s opening remarks as prepared for… Read more »
By Patrick McHenry | September 24, 2021
As the Biden administration’s inept evacuation from Afghanistan unfolded in August, the president sought to change the subject by saying that an exit would help Americans focus on a more serious threat: China. But with its Afghan policy so disastrously executed, the administration’s… Read more »
