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McHenry, Hill Urge Speaker Pelosi to Bring Clean Flood Reauthorization Bill to Floor

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House Financial Services Committee Republican Leader Patrick McHenry (NC-10) and Rep. French Hill (AR-02), Ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, sent a letter to House Speaker Nancy Pelosi (CA-12) requesting H.R. 8036, the National Flood Insurance Program Extension Act of 2022, be brought to the House…

Republicans Urge FINRA to Reject Proposals that Limit Choice for Everyday Investors

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Today, all Republican members of the House Financial Services Committee’s Investor Protection, Entrepreneurship, and Capital Markets Subcommittee—led by Republican Leaders Patrick McHenry (NC-10) and Bill Huizenga (MI-02)—sent a letter to Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA). Subcommittee Republicans are urging FINRA against considering…

McHenry, Emmer, Torres Continue Work to Secure Mortgage Assistance for Mental Health Facilities

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Congressman Tom Emmer (MN-06) in sending a letter to Comptroller General Gene Dodaro requesting a study of the Department of Housing and Urban Development’s (HUD) mortgage assistance to acute care hospitals. Presently, facilities that focus on mental health care are the only type…

McHenry, Huizenga Request Testimony of PCAOB Chair Williams and Acting SEC Chief Accountant Munter at Hearing on Accounting Standards

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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 Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), sent two letters regarding witnesses for next week’s hearing, entitled “Accounting Standards in the 21st Century.” In a letter to the Public Company Accounting…

McHenry Responds to DOJ Opinion Supporting Democrats’ Partisan FDIC Board Power Grab

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the public release of the Department of Justice (DOJ) Office of Legal Counsel’s opinion supporting Democrats’ unprecedented, partisan power grab on the board of the Federal Deposit Insurance Corporation (FDIC). “House Republicans will not be deterred…

McHenry Statement on Agreement Regarding Inspections and Investigations of Audit Firms Based in China and Hong Kong

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the agreement announced today between the Public Company Accounting Oversight Board (PCAOB) and Chinese officials regarding inspections and investigations of audit firms based in China and Hong Kong.  “Today’s agreement is only the first step to…

McHenry Slams Democrats’ Reckless Tax-and-Spend Scheme

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after voting against Democrats’ reckless tax-and-spend reconciliation bill: “Today, House Democrats voted to raise taxes on hardworking Americans to fund their far-left agenda—all under the guise of so-called ‘inflation reduction,’” said Republican Leader…

McHenry, Emmer, Luetkemeyer Demand Answers from CFPB Director Chopra Regarding Alleged Improper Collusion with State AGs

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), and the top Republican on the Subcommittee on Consumer Protection and Financial Institutions, Blaine Luetkemeyer (MO-03), sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit…

McHenry to Democrats: Changing the Definition of ‘Recession’ or Touting a ‘Biden Boom’ Doesn’t Change the Fact that 80 Percent of Americans Agree the Economy is on the Wrong Track

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Today, the House Financial Services Committee is holding a markup of a grab bag of mostly partisan legislation that does nothing to address the most pressing issues for Americans or provide relief for struggling families. Instead of working to ease the pain of Democrat-induced inflation or a potential recession, Democrats are more focused on distracting from their atrocious economic…

Senators Braun and Scott (FL) Introduce McHenry’s REIN IN Inflation Act in the Senate

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Today, Senator Mike Braun and Senator Rick Scott introduced the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill would require the administration to publish the inflationary impact of executive actions before enacting them. The companion legislation was introduced by House Budget Committee Republican Leader Jason Smith (MO-08), House…

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