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McHenry: Democrats’ Blatant Mismanagement of Our Housing Finance System Has Done Real and Lasting Damage to American Households
Jul 20, 2022
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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...
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McHenry and Maloney Celebrate Inclusion of the Financial Transparency Act in FY 2023 NDAA
Jul 14, 2022
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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 Natio...
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McHenry, Stefanik, Smith Introduce REIN IN Inflation Act
Jul 13, 2022
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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 wo...
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McHenry to Democrats: We Need to Get Serious About Creating a Sustainable Housing Finance System That Can Withstand the Pressures of a Market Downturn
Jun 29, 2022
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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 ho...
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McHenry, Luetkemeyer Demand CFPB Director Chopra Clarify Conflicting Testimony on FDIC Power Grab
Jun 27, 2022
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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 Consumer Protections and Financial Institutions, Blaine Luetkemeyer (MO-03) sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. ...
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McHenry, Hill Urge Waters to Call on FHFA Director to Testify on Growing Threats to Housing Finance System
Jun 24, 2022
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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 Fina...
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Republicans Correct the Record Regarding the Meme Stock Event of January 2021
Jun 24, 2022
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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 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...
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McHenry to Chair Powell: Millions of Americans Need to Be Rescued From Democrats’ American Rescue Plan
Jun 23, 2022
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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 w...
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McHenry Releases Discussion Draft of Financial Data Privacy Bill
Jun 23, 2022
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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 th...
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Financial Services Republicans “Overtake” Markup to Discuss 40-Year High Inflation
Jun 23, 2022
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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 t...
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