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One Year of One-Party Rule: Biden, Democrats’ Record of Failure
Jan 20, 2022
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Today marks one year of one-party rule in Washington, with Democrats controlling the House, Senate, and White House. Everywhere you look—from rising prices, to empty store shelves, to weak job creation—our economy is in shambles, thanks to Democrats’ reckless agenda. Meanwhile, Democrats on the Hous...
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McHenry Statement on Fed CBDC Discussion Paper
Jan 20, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Federal Reserve released its Central Bank Digital Currency (CBDC) discussion paper: “In order for the U.S. payments system to remain the best in the world, private s...
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McHenry Statement on Nomination of Raskin as Vice Chair for Supervision at the Fed
Jan 14, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Biden’s intention to nominate Sarah Bloom Raskin as Vice Chair for Supervision at the Federal Reserve: “Former Fed Governor Raskin has a long history of ...
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McHenry, Toomey Blast Chair Gensler for Limiting Public Input on SEC Rulemakings
Jan 10, 2022
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (R-NC), and the top Republican on the Senate Banking Committee, Pat Toomey (R-PA), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter raises serious concerns with Chair Gensler’...
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McHenry Statement on FDIC Chair McWilliams’ Resignation
Dec 31, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding the resignation of Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams: “As Chairman of the FDIC, Jelena McWilliams led with skill and integrity,”...
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McHenry Calls Out SEC Chair Gensler for Limiting Public Comment on Rulemakings
Dec 15, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding Securities and Exchange Commission (SEC) Chair Gary Gensler pursuing major rulemakings with inadequate public comment periods: “I’m disappointed Chair Gensler cont...
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Committee Republicans Launch Investigation into Unprecedented Attempted Power Grab by Democrats on the FDIC Board of Directors
Dec 14, 2021
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Today, Republicans on the House Financial Services Committee, led by Patrick McHenry (NC-10), opened an investigation into the unprecedented, attempted power grab by Democrats on the Federal Deposit Insurance Corporation’s (FDIC) Board of Directors, including Consumer Financial Protection Bureau (CF...
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ICYMI: McHenry Joins Yahoo Finance to Discuss Digital Asset Hearing and the Future of Crypto Regulation
Dec 9, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Yahoo Finance to discuss yesterday’s hearing with CEOs of digital assets organizations, Web3, and the future of crypto regulation in the U.S. Watch the full interview here or by clicking the image ab...
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McHenry Statement on Chopra’s Unprecedented Attempted Power Grab at FDIC
Dec 9, 2021
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding an attempt by the Consumer Financial Protection Bureau (CFPB) Director, Rohit Chopra, and a Federal Deposit Insurance Corporation (FDIC) Director, Martin Gruenberg, to circ...
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McHenry at Digital Assets Hearing: 2021 Was the Year of the Cryptocurrency
Dec 8, 2021
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Today, the House Financial Services Committee is holding a hearing with the CEOs of six digital asset organizations. Digital assets have the potential to revolutionize the way Americans participate in our financial system. Lawmakers must fully understand and embrace this new technology, not stifle i...
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