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HEARING NOTICE: The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem

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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: “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem”   Time: 2:00 PM ET Date: Tuesday, June 13, 2023 Place: 2128 Rayburn House Office Building   Additional information regarding…

House Passes Additional Slate of Bipartisan Financial Services Capital Formation Legislation

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This week, the U.S. House of Representatives passed seven pieces of bipartisan financial services legislation to facilitate capital formation by strengthening public markets, helping small businesses and entrepreneurs, and creating opportunities for all investors. This builds on the four pieces of bipartisan capital formation legislation passed last week.    The…

McHenry, Thompson, Hill, Johnson Release Digital Asset Market Structure Proposal

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Today, Patrick McHenry (NC-10), Chairman of the House Financial Services Committee, and Glenn "GT" Thompson (PA-15), Chairman of the House Committee on Agriculture, released a discussion draft of legislation providing a statutory framework for digital asset regulation intended to provide clarity, fill regulatory gaps, and foster innovation, while providing adequate consumer…

House Passes Bipartisan Financial Services Capital Formation Legislation

| Posted in Press Releases

This week, the U.S. House of Representatives passed four pieces of bipartisan financial services legislation to facilitate capital formation by strengthening public markets, helping small businesses and entrepreneurs, and creating opportunities for all investors. The financial services bills passed by the House include: H.R. 2792, the Small Entity Update Act,…

What They Are Saying: Conservatives Tout GOP Wins in Fiscal Responsibility Act

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Today, House Republicans—under the leadership of Speaker Kevin McCarthy—will vote on a bipartisan agreement to get America’s fiscal house in order, while raising the debt limit. For the first time in a debt ceiling negotiation, House Republicans secured historic spending cuts, the largest funding rescissions in history, and pro-growth regulatory reforms. Here’s what notable conservative…

HEARING NOTICE: Subcommittee on National Security, Illicit finance, and International Financial Institutions

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   National Security, Illicit finance, and International Financial Institutions Subcommittee Hearing Entitled: “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency”   Time: 10:00 AM ET Date: Wednesday, June 7,…

McHenry: The Fiscal Responsibility Act Will Fundamentally Change the Spending Trajectory in Washington

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 The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the House of Representatives passed H.R. 3746, the Fiscal Responsibility Act, a bipartisan agreement to cut spending, limit the expansion of the federal government, and grow the economy—while raising the debt ceiling.   “This is the most conservative…

HEARING NOTICE: Subcommittee on Financial Institutions and Monetary Policy

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: “Uncertain Debt Management: Treasury Markets and Financial Institutions”   Time: 10:00 AM ET Date: Tuesday, June 6, 2023 Place: 2128 Rayburn House Office…

McHenry Demands Answers from Treasury Regarding Rumored Outbound Investment Executive Order

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This week, House Financial Services Committee Chairman Patrick McHenry (NC-10) sent a letter to Treasury Secretary Janet Yellen regarding Treasury’s plans to transform CFIUS into a committee on foreign investment in the United States and China through a rumored Executive Order on outbound investment. In the letter, Chairman McHenry expresses concern that restricting outbound…

Luetkemeyer Delivers Opening Remarks at Hearing on International Financial Institutions in an Era of Great Power Competition

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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 “International Financial Institutions in an Era of Great Power Competition.”   Watch Chairman Luetkemeyer’s opening remarks here.   Read Chairman…

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