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), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. The lawmakers blast the FHFA’s recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Housing and Insurance Subcommittee Hearing Entitled: “The Reauthorization of the National Flood Insurance Program: FEMA’s Perspective”
Time: 9:00 AM ET
Date: Friday, April 28, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:
Markup of H.R. 835, H.R. 1579, H.R. 1548, H.R. 2792, the Equal Opportunity for All Investors Act, H.R. 2793, H.R. 2610, H.R. 2608, H.R. 1807, the Enhancing Multi-Class Share Disclosures Act, the Senior Security Act, the Middle Mark IPO Act, the Promoting… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: "The Future of Digital Assets: Identifying the Regulatory Gaps in Digital Asset Market Structure"
Time: 2:00 PM ET
Date: Thursday, April 27, 2023
Place: 2128 Rayburn House Office… Read more »
Today, the Republicans on the House Financial Services Committee held Securities and Exchange Commission (SEC) Chair Gary Gensler accountable for his disastrous agenda that threatens the dominance of U.S. capital markets and our competitiveness. As Chair Gensler repeatedly obfuscated and attempted to dodge questions, Republicans continued to force him to answer for his reckless rulemaking… Read more »
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 "Understanding Stablecoins’ Role in Payments and the Need for Legislation."
Watch Chairman Hill’s opening remarks here.
Read Chairman Hill’s opening… Read more »
Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled "A Roadmap for Growth: Reforms to Encourage Capital Formation and Investment Opportunities for All Americans."
Watch Chairman Wagner’s opening remarks here.
Read Chairman Wagner’s opening remarks as prepared for… Read more »
Today, the Chairman of the Financial Services Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), released a letter he sent to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Chairman Huizenga is demanding a staff briefing regarding a “major incident,” in which a CFPB employee made an unauthorized transfer of sensitive records. This breach… Read more »
In advance of today’s hearing, all Republicans on the House Financial Services Committee—led by Chairman Patrick McHenry (NC-10)—sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. Republicans are slamming the Commission’s approach to digital asset regulation and attempts to force digital asset trading platforms to “come in and register” under the… Read more »
Ahead of today’s hearing with Securities and Exchange Commission (SEC) Chair Gary Gensler, Republicans on the House Financial Services Committee are holding the Commission accountable. From its reckless rulemaking agenda to regulation by enforcement of the digital asset ecosystem to ignoring the capital formation piece of its statutory mission, Chair Gensler’s SEC is threatening… Read more »
