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Housing Subcommittee Holds Virtual Hearing on Impact of COVID-19 Crisis on Renters
Jun 10, 2020
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Today, the Subcommittee on Housing, Community Development, and Insurance held its first virtual hearing—the second for the Committee overall—on the economic impact of COVID-19 on renters and housing providers. Committee Republicans remain focused on solutions that are data-driven and targeted toward...
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McHenry: Efforts to Simplify Exempt Offering Framework Are Critical to Our Economic Recovery
Jun 8, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter in support of the Securities and Exchange Commission’s (SEC) efforts to simplify and improve the complex exempt offering framework. In the letter, Ranking Member McHenry states that these prop...
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Committee Holds Virtual Hearing on Importance of CDFIs and MDIs in Communities Affected by COVID-19 Pandemic
Jun 3, 2020
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Today, the Subcommittee on Consumer Protection and Financial Institutions held the Committee’s first virtual hearing on the important role Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) play in minority and low-income communities hardest hit by the c...
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McHenry Applauds OCC Move to Foster Financial Technology, Provide Greater Financial Inclusion
May 29, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Acting Comptroller of the Currency Brian Brooks announced the OCC’s finalized Valid-When-Made rule: “Acting Comptroller Brooks is wasting no time in fulfilling his pledg...
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Committee to Hold Bipartisan Virtual Roundtable on Impact of COVID-19 on Capital Markets
May 26, 2020
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WASHINGTON, D.C. - Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that today, May 26, Subcommittee on Investor Protection and Capital Markets Chairman Brad Sherman (D-CA) and Ranking Member Bill Huizenga (R-MI) will host a virtual roundtable en...
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Committee to Hold Bipartisan Virtual Roundtable on Impact of COVID-19 on Housing Markets
May 22, 2020
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WASHINGTON, D.C. - Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced that today, Friday, May 22, Housing, Community Development, and Insurance Subcommittee Chairman Wm. Lacy Clay (D-MO) and Ranking Member Steve Stivers (R-OH) will host a virtual r...
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McHenry: This is a Critical Step Toward Fixing our Broken Housing Finance System
May 21, 2020
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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) proposed rule setting stronger capital requirements for Fannie Mae and Freddie Mac: “This is a critical step toward fixing ...
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McHenry: Comptroller Otting has Been an Advocate for Modernization
May 21, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Comptroller of the Currency Joseph Otting announced he will step down from his current position at the OCC: “Comptroller Otting has made a lasting impact on our nation’s...
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McHenry Supports Modernization of Community Reinvestment Act to Ensure Economic Recovery
May 20, 2020
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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Office of the Comptroller of the Currency (OCC) released its final rule to modernize the Community Reinvestment Act (CRA): “I’m glad to see the OCC move to strengthe...
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McHenry Supports Small-Dollar Lending Guidance to Provide More Options for Borrowers
May 20, 2020
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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 Office of the Comptroller of the Currency (OCC), Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration’s (...
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