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Barr Delivers Opening Statement at Financial Institutions and Monetary Policy Subcommittee Hearing on Revamping and Revitalizing Banking in the 21st Century

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Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding its first hearing of the Congress entitled, “Revamping and Revitalizing Banking in the 21st Century.”   Watch Chairman Barr’s opening remarks here.   Read Chairman Barr’s opening remarks as prepared for…

Wagner Delivers Opening Statement at Capital Markets Subcommittee Hearing on Reforming the Accredited Investor Definition

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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding its first hearing of the Congress entitled, “Sophistication or Discrimination? How the Accredited Investor Definition Unfairly Limits Investment Access for the Non-wealthy and the Need for Reform.”   Watch Chairman Wagner’s opening remarks…

Wagner Delivers Opening Statement at Capital Markets Subcommittee Hearing on Removing Barriers to Capital Access for Small Businesses

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Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled, “Empowering Entrepreneurs: Removing Barriers to Capital Access for Small Businesses.” Watch Chairman Wagner’s opening remarks here.   Read Chairman Wagner’s opening remarks as prepared for delivery:   “Eleven years ago, the Jumpstart Our…

McHenry, Hill Reintroduce Bill to Finance Nuclear Energy at the World Bank and Other International Lenders

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Ahead of today’s hearing entitled “Combatting the Economic Threat From China,” the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Digital Assets, Financial Technology and Inclusion Subcommittee, French Hill (AR-02), reintroduced the International Nuclear Energy Financing Act. This legislation, first introduced in 2021, would…

McHenry at Hearing on China: We Must Double Down on Our Commitment to Free People and Free Markets

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Today, the House Financial Services Committee is holding its first hearing of the Congress on combatting the economic threat from China. Committee Republicans are unified that we must outcompete China on the global stage by reinforcing American values, rather than undermining them. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared for…

McHenry Statement in Response to Biden’s State of the Union Address

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Joe Biden’s State of the Union Address: “During tonight’s State of the Union, President Biden did what he does best: ignore the realities facing everyday Americans in favor of political theater and progressive goals,” said Chairman McHenry.…

McHenry Announces Financial Services Committee Republican ESG Working Group

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the formation of a Republican Working Group—led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04)—to combat the threat to our capital markets posed by those on the far-left pushing environmental, social, and governance (ESG) proposals.  “Progressives are…

McHenry Slams CFPB Proposal to Increase Costs on Credit Card Users

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) Notice of Proposed Rulemaking regarding credit card fees, which would limit consumer options, benefits, and punish borrowers in good standing.   “At a time when more American families are…

McHenry: Republicans are Ready to Deliver with Solutions to Foster Innovation and Create Economic Opportunity for All Americans

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Today, the House Financial Services Committee is holding its Organizational Meeting for the 118th Congress. The Committee will consider resolutions to appoint members to their respective subcommittees, adopt a Committee Oversight and Authorization plan, and adopt Committee rules for the 118th Congress. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening…

HEARING NOTICE: Full Committee to Hold Hearing on Combatting the Economic Threat from China

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing: Hearing Entitled: Combatting the Economic Threat from China Time: 10:00 AM ET Date: Tuesday, February 7, 2023 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, relevant legislation, committee memo,…

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