Today, the Data Privacy Act of 2023, introduced by Chairman Patrick McHenry (NC-10), passed the House Financial Services Committee during its first markup of the 118th Congress. H.R. 1165 modernizes financial data privacy law and gives consumers more control over how their personal information is collected and used—without stifling innovation in the United States.
Watch… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Supreme Court’s announcement that it will hear a challenge to the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding structure.
“As Republicans have said for years, the CFPB’s unconstitutional funding structure improperly… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Data Privacy Act of 2023. This legislation modernizes financial data privacy laws and gives consumers more control over how their personal information is collected and used—without stifling innovation in the United States.
“Republicans are putting American consumers back in… 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 Ajay Banga as the next President of the World Bank.
“Ajay Banga is well qualified to lead the World Bank. His considerable experience in managing international companies and driving investment to developing countries… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:
Markup of H.R. 554; H.R. 555; H.R. 1166; H.R. 1076; H.R. 510; H.R. 839; H.R. 1156; H.R. 803; H.R. 1137; H.R. 540; H.R. 1109; H.R. 1165; H.R. 1164; H.R. 1161
Time: 10:00 AM ET
Date: Tuesday, February 28, 2023
Place: 2128 Rayburn… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, Tim Scott (R-SC), and the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (R-MI), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding records and other… Read more »
House Financial Services Committee Chairman Patrick McHenry (NC-10) and National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03) sent a comment letter to Treasury Secretary Janet Yellen and Financial Crimes Enforcement Network (FinCEN) Acting Director Himamauli Das in response to FinCEN’s Notice of Proposed Rulemaking… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Congressional Budget Office (CBO) released its projection of the so-called “X-Date,” or when the U.S. will exhaust extraordinary measures and become unable to meet its obligations.
“Republicans have been and will continue to be reasonable in… 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 appointment of the Vice Chair of the Federal Reserve, Dr. Lael Brainard, as the director of the National Economic Council (NEC), and President Biden’s nomination of Dr. Jared Bernstein as Chair of the Council of Economic Advisers… Read more »
Today, 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 records and communications between and among both the SEC’s Division of Enforcement, the Office of the Chair, and the Department of Justice… Read more »
