The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to U.S. Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). In the letter, Chairman McHenry demands FSOC revisit its April decision to evaluate risks posed by non-bank financial entities based on size, rather than the activities… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Federal Reserve’s Semi-Annual Monetary Policy Report”
Time: 10:00 AM ET
Date: Wednesday, June 21, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… 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: “HUD Oversight: Testimony of the HUD Inspector General”
Time: 2:00 PM ET
Date: Wednesday, June 21, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen. Republicans will discuss the state of the international financial system and the operations of the international financial institutions.
Watch Vice Chairman French Hill’s (AR-02) opening remarks here.
Read Vice Chairman Hill’s opening remarks as… Read more »
Today, all Republicans on the House Financial Services Committee—led by Chairman Patrick McHenry (NC-10)—sent a letter to the Securities and Exchange Commission (SEC) demanding that the SEC rescind its proposed rulemaking regarding the definition of “exchange.” The lawmakers highlight how the SEC’s rulemaking exceeds its statutory authority in an effort to push the digital… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the future of the digital asset ecosystem. The Committee will consider discussion drafts to provide statutory frameworks for digital asset regulation and stablecoin issuance. Both discussion drafts will provide robust consumer protections while… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), introduced two pieces of legislation, the Accountability Through Confirmation Act and the Protecting Small Business Information Act, to reform the Financial Crimes Enforcement Network (FinCEN). These bills will bring much-needed transparency and accountability to the agency, while… Read more »
House Financial Services Committee Chairman Patrick McHenry (NC-10), along with National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03), House Committee on Small Business Chairman Roger Williams (TX-25), and House Appropriations Subcommittee on Financial Services and General Government Chairman Steve Womack (AR-03),… Read more »
Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency."
Watch Chairman Luetkemeyer’s opening remarks here.
Read… Read more »
Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “The Semi-Annual Report of the Bureau of Consumer Financial Protection”
Time: 10:00 AM ET
Date: Wednesday, June 14, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the… Read more »
