Today, the House Financial Services Committee is holding a markup of capital formation and Consumer Financial Protection Bureau (CFPB) reform legislation. The Committee will consider proposals that strengthen public markets, help small businesses and entrepreneurs, and create opportunities for all investors. The Committee will also consider a measure that reforms the CFPB to deliver… Read more »
House Financial Services Committee Chairman Patrick McHenry (NC-10), Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02), and Oversight and Investigations Subcommittee Chairman Bill Huizenga (MI-04) sent letters to the Chair of the Board of Governors of the Federal Reserve System, Jerome Powell, Chairman of the Federal Deposit Insurance Corporation… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after House Republicans passed the Limit, Save, Grow Act to responsibly raise the debt ceiling while limiting federal spending, saving taxpayer money, and growing the economy.
“It’s critical that we raise the debt ceiling with as little brinksmanship as… Read more »
Today, Committee Republicans reported 14 legislative proposals out of Committee that strengthen public markets, help small businesses and entrepreneurs, and create opportunities for all investors. Lawmakers passed an additional measure that brings accountability and transparency to the Consumer Financial Protection Bureau (CFPB).
More information on all 15 bills recently… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Housing and Insurance, Warren Davidson (OH-08), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. The lawmakers blast the FHFA’s recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on… 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: “The Reauthorization of the National Flood Insurance Program: FEMA’s Perspective”
Time: 9:00 AM ET
Date: Friday, April 28, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following markup:
Markup of H.R. 835, H.R. 1579, H.R. 1548, H.R. 2792, the Equal Opportunity for All Investors Act, H.R. 2793, H.R. 2610, H.R. 2608, H.R. 1807, the Enhancing Multi-Class Share Disclosures Act, the Senior Security Act, the Middle Mark IPO Act, the Promoting… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: "The Future of Digital Assets: Identifying the Regulatory Gaps in Digital Asset Market Structure"
Time: 2:00 PM ET
Date: Thursday, April 27, 2023
Place: 2128 Rayburn House Office… Read more »
Today, the Republicans on the House Financial Services Committee held Securities and Exchange Commission (SEC) Chair Gary Gensler accountable for his disastrous agenda that threatens the dominance of U.S. capital markets and our competitiveness. As Chair Gensler repeatedly obfuscated and attempted to dodge questions, Republicans continued to force him to answer for his reckless rulemaking… Read more »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled "Understanding Stablecoins’ Role in Payments and the Need for Legislation."
Watch Chairman Hill’s opening remarks here.
Read Chairman Hill’s opening… Read more »