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McHenry To Democrats: We’re Here Today Because Your Priorities Are Being Cut and You’re Angry About It
Oct 21, 2021
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Today, the House Financial Services Committee is holding another hearing on the partisan housing provisions in Democrats’ massive spending bill, the so-called Build Back Better Act. At the same time, Democrats’ own party leadership is considering cutting the housing provisions from the bill altogeth...
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McHenry, Emmer Call on IG to Release Findings on Politically Motivated Removal of CFPB Career Staff
Oct 21, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), sent a letter to the Inspector General (IG) for the Consumer Financial Protection Bureau (CFPB), Mark Bialek. T...
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Luetkemeyer, McHenry Blast SBA for Lack of Communication on Small Business Relief
Oct 18, 2021
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Today, House Committee on Financial Services Republican Leader Patrick McHenry and House Committee on Small Business Republican Leader Blaine Luetkemeyer sent a letter to Administrator Guzman of the Small Business Administration (SBA) voicing significant concerns with the lack of communication and r...
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Committee Republicans Outline Concerns with Recent Partisan, Anti-Consumer Actions in Letter to New CFPB Director
Oct 15, 2021
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In advance of a Consumer Financial Protection Bureau (CFPB) oversight hearing later this month, all Financial Services Committee Republicans, led by Patrick McHenry (NC-10), sent a letter to the new Director of the CFPB, Rohit Chopra. The letter outlines Republicans’ concerns with three partisan, an...
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Top Republicans Request Treasury Clarify How Stablecoins Are Classified
Oct 13, 2021
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), and the top Republican on the Task Force on Financial Technology, Warren Davidson (OH-08), sent a letter to Tre...
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McHenry Statement on Biden Administration Decision Not to Seek Removal of Georgieva
Oct 11, 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 Biden Administration’s decision not to seek the removal of Kristalina Georgieva as the International Monetary Fund Managing Director: “This decision reflects t...
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McHenry, Huizenga Call for Hearing with All SEC Commissioners Following Insufficient Answers from Gensler
Oct 6, 2021
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Following Tuesday’s Financial Services Committee hearing with Securities and Exchange Commission (SEC) Chairman Gary Gensler, Republican Committee leaders are calling for an in-person hearing with the full Commission no later than next Spring. In a letter to Chairwoman Maxine Waters (CA-43), Republi...
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McHenry Demands Gensler Clarify Contradictory Statements Regarding SEC Authority Over Digital Assets
Oct 5, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter requests Chair Gensler clarify his concerning and contradictory public remarks regarding the SEC’s authority to regul...
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McHenry Introduces Legislation to Provide Legal Clarity & Certainty for Digital Asset Projects
Oct 5, 2021
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Clarity for Digital Tokens Act of 2021. This legislation ensures our regulatory framework embraces new technology and innovation by providing a “safe harbor” for startup digital asset project...
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McHenry to Gensler: We Need to Nurture Innovation and Technology in This Country–Not Send it Overseas
Oct 5, 2021
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Today the House Financial Services Committee is holding a hearing with Securities and Exchange Commission (SEC) Chair Gary Gensler. Chair Gensler’s recent actions raise concern that he will run roughshod over appropriate process to implement Democrats’ agenda—which will harm everyday investors, weak...
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