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McHenry, Huizenga Demand Production of Outstanding Document Requests from SEC, Threaten Committee Action Amid Continued Stonewalling

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House Financial Services Committee Chairman Patrick McHenry (NC-10) and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding that the Commission produce outstanding documents previously requested by the Committee. These materials include information related to charges…

HEARING NOTICE: 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 the following hearings: 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, 2023 Place: 2128 Rayburn House Office…

McHenry Outlines Committee Republicans’ Fiscal Year 2024 Priorities in Letter to Appropriators

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he Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to House Appropriations Committee Chairwoman Kay Granger (TX-12) and Ranking Member Rosa DeLauro (CT-03). In the letter, Chairman McHenry outlines Committee Republicans’ priorities for fiscal year (FY) 2024 appropriations, including rescission of unspent “emergency” funds, strengthening…

HEARING NOTICE: Oversight of Prudential Regulators

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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: “Oversight of Prudential Regulators”   Time: 10:00 AM ET Date: Tuesday, May 16, 2023 Place: 2128 Rayburn House Office Building   Additional information regarding the hearing—including the livestream,…

ICYMI: Chairman McHenry Discusses the Debt Ceiling and Recent Bank Failures on Face the Nation

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In case you missed it, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), joined Face the Nation on CBS News, where he discussed House Republicans’ efforts to limit federal spending, save taxpayer money, and grow the economy in coordination with raising the debt ceiling. Chairman McHenry also outlined the state of the American banking system and Congress’…

HEARING NOTICE: Subcommittee on Oversight and Investigations

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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: “Oversight of Silicon Valley Bank and Signature Bank: GAO's Preliminary Review” Time: 2:00 PM ET Date: Thursday, May 11, 2023 Place: 2220 Rayburn House Office Building Additional…

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: “Federal Responses to Recent Bank Failures”   Time: 2:00 PM ET Date: Wednesday, May 10, 2023 Place: 2128 Rayburn House Office Building Additional information regarding the…

HEARING NOTICE: Joint House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion & House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development Hearing

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with the Chairman of the House Committee on Agriculture, Glenn "GT" Thompson (PA-15), announced the following joint subcommittee hearing: Joint Financial Services-Agriculture Subcommittee Hearing Entitled: “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset…

McHenry Statement on Regulator Actions Regarding First Republic Bank

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Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Federal Deposit Insurance Corporation (FDIC) announced actions to place First Republic Bank into receivership and the assumption of First Republic’s assets and deposits by JP Morgan Chase Bank:   “Americans should remain confident in the safety of their deposits at…

McHenry Statement on FDIC Calls to Expand Deposit Insurance

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding calls from the Federal Deposit Insurance Corporation (FDIC) to expand federally backed deposit insurance.   “I’m glad to see the FDIC recognize that any changes to deposit insurance must come from Congress in the form of legislation,” said Chairman…

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