WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following remarks at a full committee hearing on the student loan crisis and the impact of Democrat’s nationalization of the student loan industry:
Watch Ranking Member McHenry’s remarks here or by clicking on the image below.
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WASHINGTON – Today, the U.S. House of Representatives advanced five bipartisan Financial Services bills: H.R. 2852, the Homebuyer Assistance Act of 2019; H.R. 281, the Ensuring Diverse Leadership Act of 2019; H.R. 1690, the CO ALERTS Act of 2019; H.R. 241, the Bank Service Company Examination Coordination Act; and H.R. 3620, the Strategy and Investment in Rural Housing Preservation Act of… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Trump Administration’s proposed housing finance reform plan:
“Americans deserve better than the status quo. The Trump Administration’s proposal is a positive first step on the multi-year path to building a housing finance system that… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Ranking Member of the Subcommittee on Housing, Community Development, and Insurance, Sean Duffy (WI-7), announced his resignation from Congress next month to support his family as they await the arrival of their ninth child:
“I remember meeting… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Deposit Insurance Corporation’s (FDIC) vote to amend the Volcker rule:
"I have long advocated for reasonable reform of the Volcker rule—a rule that former Chairman Volcker himself has referred to as being too complicated—and… Read more »
Rep. Patrick McHenry (R-N.C.) today pressed Federal Reserve regulatory chief Randal Quarles for more information about the central bank's supervision of Capital One following a massive data breach at the bank.
"I ask that you provide information on the Capital One breach, including an indication of whether any suspicious activity was noted during the Federal Reserve's examination of… Read more »
Credit reporting companies would be subject to supervision and examination authority by the Consumer Financial Protection Bureau (CFPB) and would be barred from using Social Security numbers, under new legislation proposed by Rep. Patrick McHenry (R-N.C.).
Unlike earlier bills that have passed through committee without any Republican votes, this bill could have legs, with Rep. McHenry,… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Vice Chair for Supervision at the Federal Reserve, Randal Quarles, following the recent Capital One Financial Corporation data security breach that affected nearly 100 million Americans. The Ranking Member asked the Federal Reserve to provide information on the… Read more »
Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Capital One Financial Corporation data security breach:
"The Capital One data breach is a stark reminder of the need for stringent data security standards for financial institutions, third-party service providers, and any other entity with… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in support of the Consumer Financial Protection Bureau’s (CFPB) decision to end the Qualified Mortgage (QM) patch for GSEs:
“As I’ve said many times, we need to explore all paths that lead to responsibly ending the government sponsorship of Fannie Mae… Read more »
