Today, the House Financial Services Committee is holding a hearing to conduct oversight of the prudential regulators following recent bank failures. Republican lawmakers will examine regulators’ self-assessments of their responses to the collapse of Silicon Valley Bank (SVB) and Signature Bank, push for greater transparency and accountability from regulators, and highlight the… Read more »
Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “FHFA Oversight: Protecting Homeowners and Taxpayers”
Time: 10:00 AM ET
Date: Tuesday, May 23, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the hearing—including the… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Biden’s nomination of Philip Jefferson as the next Vice Chair of the Board of Governors of the Federal Reserve System and Adriana Kugler as his replacement on the Board.
“These nominees are seasoned economists with the capacity to contribute… Read more »
Chairman Patrick McHenry (R-N.C.), of the House Financial Services Committee, and Ranking Member Tim Scott (R-S.C.), of the Senate Committee on Banking, Housing, and Urban Affairs, are urging President Biden to implement the 2020 national security finding by the Committee on Foreign Investment in the United States (CFIUS) that TikTok’s operations pose a national security risk to the… Read more »
Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of Silicon Valley Bank and Signature Bank: GAO’s Preliminary Review.”
Watch Chairman Huizenga’s opening remarks here.
Read Chairman Huizenga’s opening remarks as… Read more »
House Financial Services Committee Chairman Patrick McHenry (NC-10) and Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) were joined by Committee leadership in a comment letter to the Securities and Exchange Commission (SEC) demanding that the SEC rescind its proposed rule increasing the cost of offering custodial services for registered… Read more »
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: “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise”
Time: 9:00 AM ET
Date: Thursday, May 18, 2023
Place: 2128… Read more »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion, led by Chairman French Hill (AR-02), is holding a joint hearing with the House Agriculture Committee’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development entitled “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Housing and Insurance, Warren Davidson (OH-08), issued the following statements after the Federal Housing Finance Agency (FHFA) announced it would rescind its unworkable upfront Debt-to-Income fee.
“I’m glad to see the FHFA rescind its unworkable… Read more »
oday, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled “Federal Responses to Recent Bank Failures.”
Watch Chairman Barr’s opening remarks here.
Read Chairman Barr’s opening remarks as prepared for delivery:
“Thank you to our… Read more »
