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Top Republicans Request Treasury Clarify How Stablecoins Are Classified
Oct 13, 2021
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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 Tre...
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McHenry Statement on Biden Administration Decision Not to Seek Removal of Georgieva
Oct 11, 2021
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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 t...
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McHenry, Huizenga Call for Hearing with All SEC Commissioners Following Insufficient Answers from Gensler
Oct 6, 2021
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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), Republi...
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McHenry Demands Gensler Clarify Contradictory Statements Regarding SEC Authority Over Digital Assets
Oct 5, 2021
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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 regul...
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McHenry Introduces Legislation to Provide Legal Clarity & Certainty for Digital Asset Projects
Oct 5, 2021
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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 project...
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McHenry to Gensler: We Need to Nurture Innovation and Technology in This Country–Not Send it Overseas
Oct 5, 2021
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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, weak...
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McHenry, Emmer Introduce Bill to Help Job Creators Access Capital Through Micro-offerings
Oct 4, 2021
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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 creat...
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McHenry Calls on CBO to Examine Real Cost of Financial Services Democrats’ Partisan Spending Provisions
Oct 4, 2021
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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 ...
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McHenry to Democrats: This is No Way to Run the Country
Sep 30, 2021
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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) open...
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ICYMI: How the U.S. Can Beat China
Sep 27, 2021
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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 execut...
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