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Republicans Fight to Protect Small Businesses from Overly Burdensome, Unworkable Data Collection Rule

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Today, the Chairman of the House Small Business Committee and a senior member of the House Financial Services Committee, Roger Williams (TX-25), is leading Republicans in debate on S.J.Res. 32, a resolution to protect American small businesses’ access to affordable credit by overturning the Consumer Financial Protection Bureau’s (CFPB) overly broad, burdensome, and unworkable 1071 small…

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

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following field hearing: Digital Assets, Financial Technology and Inclusion Subcommittee Field Hearing Entitled: “Connecting Communities: Building Innovation Ecosystems Across America” Time: 9:00 AM CT/10:00 AM ET Date: Friday, December 8, 2023 Place: The Venture Center,…

McHenry to CFPB Director Chopra: The Public’s Trust in Our Financial Regulators is Shaken

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Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans are holding Director Chopra’s CFPB accountable for its runaway rulemaking agenda, disregard for Congressional intent, and the continued politicization of the Bureau’s…

McHenry, Subcommittee Chairs Urge House and Senate Armed Services Committee Leadership to Reject Misguided Outbound Investment Regime, Prioritize Time-Tested Sanctions and Export Controls

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), was joined by all six Subcommittee Chairs in a letter to House and Senate Armed Services Committee leadership regarding reservations with outbound investment provisions in the underlying text of the Senate-passed National Defense Authorization Act (NDAA) for Fiscal Year 2024…

HEARING NOTICE: Subcommittee on Housing and Insurance

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:   Housing & Insurance Subcommittee Hearing Entitled: “Housing Affordability: Governmental Barriers and Market-Based Solutions” Time: 10:00 AM ET Date: Wednesday, December 6, 2023 Place: 2128 Rayburn House Office Building    Additional…

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: “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services” Time: 10:00 AM ET Date: Tuesday, December 5, 2023 Place: 2128…

Barr, Huizenga Demand Gruenberg Recuse Himself from Independent Investigation, Produce Documents and Witnesses for Testimony

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Following the announcement of Committee Republicans’ investigation into allegations of misconduct at the Federal Deposit Insurance Corporation (FDIC), the Chairman of the Financial Institutions and Monetary Policy Subcommittee, Rep. Andy Barr (KY-06), and Chairman of the Oversight and Investigations Subcommittee, Rep. Bill Huizenga (MI-04), sent letters to FDIC Chair Martin Gruenberg…

HEARING NOTICE: The Semi-Annual Report of the Bureau of Consumer Financial Protection

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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 Semi-Annual Report of the Bureau of Consumer Financial Protection” Time: 10:00 AM ET Date: Wednesday, November 29, 2023 Place: 2128 Rayburn House Office Building Additional information regarding the…

Financial Services Committee Republicans Launch Investigation into Gruenberg Misconduct, Toxic Workplace at FDIC

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), sent a letter to FDIC Chairman Martin Gruenberg informing him of the Committee’s investigation into…

McHenry: Chairman Gruenberg Has a Lot of Explaining to Do

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding allegations of widespread and entrenched misconduct within the Federal Deposit Insurance Corporation (FDIC), including by Chairman Martin Gruenberg.   “Chairman Gruenberg has a lot of explaining to do. Yesterday, he initially…

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