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McHenry Delivers Opening Remarks at Markup of Regulatory Oversight, Capital Formation Legislation

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Today, the House Financial Services Committee is holding a markup of various measures including legislation to promote capital formation and strengthen accountability for our federal bank regulators. The Committee will also consider a measure that addresses the Federal Housing Finance Agency’s (FHFA) socialist loan-level pricing adjustment proposal.   Watch Chairman…

House Financial Services Committee Reports Regulatory Oversight, Capital Formation Legislation to Full House for Consideration

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Today, the House Financial Services Committee passed several pieces of legislation out of Committee—many of which received bipartisan support—that advance Republicans’ capital formation agenda, increase accountability and transparency for financial regulators following recent bank failures, and reverse the Federal Housing Finance Agency’s disastrous recalibrated single-family…

Hill Delivers Opening Remarks at Hearing to Conduct Oversight of the Federal Housing Finance Agency

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Today, the House Financial Services Committee is holding a hearing to conduct oversight of the Federal Housing Finance Agency (FHFA). Republican lawmakers will examine the Agency’s recent actions that undermine housing affordability and scrutinize policies that fail to protect homeowners and taxpayers.   Watch Vice Chairman French Hill’s (AR-02) opening…

House Passes Bipartisan Financial Services Bills to Combat the Economic Threat from China

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Today, the U.S. House of Representatives passed two pieces of bipartisan financial services legislation, including initiatives to combat the flow of illicit fentanyl into our communities and assess the exposure of the American financial system to the People’s Republic of China (PRC).  The financial services bills passed by the House include: H.R. 1076, the “Preventing the Financing…

McHenry Announces Markup of Regulatory Oversight, Capital Formation Legislation

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup: Markup of the Increasing Financial Regulatory Accountability and Transparency Act, the Middle Class Borrower Protection Act of 2023, H.R. 2622, H.R. 1553, H.R. 3063, H.R. 2627 Time: 10:00 AM ET   Date: Wednesday, May 24,…

Hill Delivers Remarks at Hearing on How Legislation Will Help Put the 'Stable' in 'Stablecoins'

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Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise.” Watch Chairman Hill’s opening remarks here. Read Chairman…

HEARING NOTICE: International Financial Institutions in an Era of Great Power Competition

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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: “International Financial Institutions in an Era of Great Power Competition”   Time: 9:00 AM ET Date: Thursday, May 25, 2023 Place: 2128…

McHenry Delivers Opening Remarks at Hearing to Continue Oversight of Recent Bank Failures

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Today, the House Financial Services Committee is holding a joint subcommittee hearing to continue its oversight of regional bank failures. Lawmakers from the Subcommittees on Financial Institutions & Monetary Policy and Oversight & Investigations will question two panels of witnesses, including former executives from Silicon Valley Bank (SVB), Signature Bank, and…

Davidson Delivers Remarks at Hearing on the Current Mortgage Market and Housing Affordability

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Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “The Current Mortgage Market: Undermining Housing Affordability with Politics.” Watch Chairman Davidson’s opening remarks here. Read Chairman Davidson’s opening remarks as prepared for…

WITNESS ADDED: Hearing of Subcommittees on Financial Institutions and Monetary Policy, Oversight and Investigations, & Housing and Insurance

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced an additional witness will testify at the following hearing:   Financial Institutions and Monetary Policy and Oversight and Investigations Joint Subcommittee Hearing Entitled: “Continued Oversight Over Regional Bank Failures”   Time: 10:00 AM ET Date: Wednesday, May 17,…

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