Today, the House Financial Services Committee is holding an oversight hearing of the Federal Housing Finance Agency with Director Sandra Thompson. While failing to conduct oversight of the Biden Administration’s housing finance plans, Democrats have pursued a far-left agenda that will exacerbate the rising cost of housing and inject unnecessary risk into the U.S. housing finance… Read more »
Today, Congressman Patrick McHenry (R-NC), the top Republican on the House Financial Services Committee, and Congresswoman Carolyn B. Maloney (D-NY), Senior Member of the House Financial Services Committee applauded the passage of their Financial Transparency Act as an amendment to the FY 2023 National Defense Authorization Act. This legislation would require all of the… Read more »
House Committee on Financial Services Republican Leader Patrick McHenry (R-NC), Congresswoman Elise Stefanik (R-NY), and House Budget Committee Republican Leader Jason Smith (R-MO) today 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… Read more »
Today, the House Financial Services Committee is holding a hearing on the housing market. While Democrats’ out-of-control spending unleashed record inflation, pushing the dream of homeownership out of the reach of many American families, Committee Republicans are focused on creating a sustainable housing finance system that can withstand a market downturn.
Watch Republican Leader Patrick… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Consumer Protections and Financial Institutions, Blaine Luetkemeyer (MO-03) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra.
The letter demands Director Chopra clarify conflicting testimony he delivered to the House… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Housing, Community Development, and Insurance Subcommittee, French Hill (AR-02), sent a letter to Chairwoman Maxine Waters (CA-43) calling on her to invite Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson to testify before the Committee at next… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to Committee Democrats’ report regarding the “meme stock” event of January 2021:
“I first called for a hearing on the GameStop situation to understand the facts on the ground,” said Republican Leader McHenry. “This was an opportunity to explore ways to… Read more »
Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve (Fed) Chair Jerome Powell. While the Fed continues its fight to rein in Democrat-induced inflation, the Biden Administration and Congressional Democrats must abandon their reckless priorities that will undermine the Fed’s response and push consumer prices even higher.
Watch Republican… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a discussion draft of new legislation to modernize financial data privacy laws and give consumers more control over how their personal information is collected and used.
“Republicans are putting the American people back in control of their personal financial data,” said Republican… Read more »
While Financial Services Committee Democrats continue their inflation blame game, Committee Republicans used this week’s markup to discuss the true driver of skyrocketing prices: Democrats’ reckless spending.
Chairwoman Maxine Waters (D-CA): “I warned my staff that whatever issue we bring up today there was going to be an effort by the opposite side of the aisle to basically overtake the… Read more »
