Today, the House Financial Services Committee is holding a joint subcommittee hearing to continue its oversight of regional bank failures. Lawmakers from the Subcommittees on Financial Institutions & Monetary Policy and Oversight & Investigations will question two panels of witnesses, including former executives from Silicon Valley Bank (SVB), Signature Bank, and… Read more »
Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled “The Current Mortgage Market: Undermining Housing Affordability with Politics.”
Watch Chairman Davidson’s opening remarks here.
Read Chairman Davidson’s opening remarks as prepared for… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced an additional witness will testify at the following hearing:
Financial Institutions and Monetary Policy and Oversight and Investigations Joint Subcommittee Hearing Entitled: “Continued Oversight Over Regional Bank Failures”
Time: 10:00 AM ET
Date: Wednesday, May 17,… Read more »
Today, the House Financial Services Committee is holding a hearing to conduct oversight of the prudential regulators following recent bank failures. Republican lawmakers will examine regulators’ self-assessments of their responses to the collapse of Silicon Valley Bank (SVB) and Signature Bank, push for greater transparency and accountability from regulators, and highlight the… Read more »
Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “FHFA Oversight: Protecting Homeowners and Taxpayers”
Time: 10:00 AM ET
Date: Tuesday, May 23, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the hearing—including the… 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 Philip Jefferson as the next Vice Chair of the Board of Governors of the Federal Reserve System and Adriana Kugler as his replacement on the Board.
“These nominees are seasoned economists with the capacity to contribute… Read more »
Chairman Patrick McHenry (R-N.C.), of the House Financial Services Committee, and Ranking Member Tim Scott (R-S.C.), of the Senate Committee on Banking, Housing, and Urban Affairs, are urging President Biden to implement the 2020 national security finding by the Committee on Foreign Investment in the United States (CFIUS) that TikTok’s operations pose a national security risk to the… Read more »
Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “Oversight of Silicon Valley Bank and Signature Bank: GAO’s Preliminary Review.”
Watch Chairman Huizenga’s opening remarks here.
Read Chairman Huizenga’s opening remarks as… Read more »
House Financial Services Committee Chairman Patrick McHenry (NC-10) and Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) were joined by Committee leadership in a comment letter to the Securities and Exchange Commission (SEC) demanding that the SEC rescind its proposed rule increasing the cost of offering custodial services for registered… Read more »
Today the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise”
Time: 9:00 AM ET
Date: Thursday, May 18, 2023
Place: 2128… Read more »
