The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Representatives Adrian Smith (NE-03), Susan DelBene (WA-01) and Nydia M. Velázquez (NY-07) reintroduced the Eliminating Paperwork for Startups Act for the 118th Congress. This legislation will modernize how 83(b) election forms are filed with the Internal Revenue Service (IRS)—making these… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with the Chairman of the Subcommittee on Capital Markets, Ann Wagner (MO-02), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler slamming the Commission for ignoring its capital formation mission during his tenure. The lawmakers are demanding the SEC revise its… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), along with the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler demanding that the SEC provide a staff recommendation memo and other information related to charges filed by the agency against… 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: “Understanding Stablecoins’ Role in Payments and the Need for Legislation”
Time: 10:00 AM ET
Date: Tuesday, April 19, 2023
Place: 2128 Rayburn House Office Building
Additional… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Oversight of the Securities and Exchange Commission”
Time: 10:00 AM ET
Date: Tuesday, April 18, 2023
Place: 2128 Rayburn House Office Building
Additional information regarding the hearing—including the livestream and committee… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), Senator Sheldon Whitehouse (D-RI) and a bipartisan, bicameral group of lawmakers sent a letter to Treasury Secretary Janet Yellen and Financial Crimes Enforcement Network (FinCEN) acting Director Himamauli Das regarding the Treasury Department’s Notice of Proposed Rulemaking (NPRM) on Beneficial… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) release of its final rule implementing small business lending data collection as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1071.
“The Consumer Financial… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the White House released a fact sheet politicizing the recent failures of Silicon Valley Bank and Signature Bank.
“The Biden Administration continues to politicize the failure of SVB and Signature Bank to push long-held progressive… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing entitled, “The Federal Regulators’ Response to Recent Bank Failures.” Committee Republicans are committed to getting the facts surrounding recent bank failures to assess federal regulators’ response and deliver transparency for the American people.
Watch Chairman… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), held its first bipartisan hearing to examine the recent failures of Silicon Valley Bank and Signature Bank. At the hearing, Republicans demanded answers from the U.S. Treasury Department, Federal Reserve Board, and Federal Deposit Insurance Corporation to ensure accountability and transparency by… Read more »
