The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Vice Chairman of the House Financial Services Committee, French Hill (AR-02), sent letters to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg and Treasury Secretary Janet Yellen. In the letters, McHenry and Hill demand detailed information regarding the Biden Administration’s… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) and Signature Bank to be held at 10:00 AM ET on March 29, 2023. This will be the first… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (R-N.C.), and the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, Tim Scott (R-S.C.), are formally demanding information from the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) regarding their regulatory activities with respect to Silicon Valley Bank (SVB) and… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) and Signature Bank to be held on March 29, 2023. The Committee will hold additional hearings… Read more »
Today, Congressman Patrick McHenry (R-NC), Chair of the House Financial Services Committee, and Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services sent a letter to the Government and Accountability Office (GAO) calling on the office to begin a study and an investigation into the recent collapse of Silicon Valley Bank and Signature Bank.… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Subcommittee on National Security, Illicit Finance, and International Financial Institutions Hearing Entitled: “Follow the Money: The CCP’s Business Model Fueling the Fentanyl Crisis”
Time: 10:00 AM ET
Date: Thursday, March 23, 2023
Place: 2128 Rayburn… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the announcement by several U.S. financial institutions that they will make substantial deposits at First Republic Bank to shore up its liquidity.
“The shoring up of First Republic Bank by other financial institutions is welcome news,” said… Read more »
Today, House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Federal Reserve, Treasury Department, and Federal Deposit Insurance Corporation (FDIC) announced actions regarding Silicon Valley Bank (SVB):
“This was the first Twitter fueled bank run. At this time, it is important to remain levelheaded and look at the facts—not… Read more »
Today, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a hearing entitled, “How Do We Encourage Greater Flood Insurance Coverage in America?”
Watch Chairman Davidson’s opening remarks here.
Read Chairman Davidson’s opening remarks as prepared for… Read more »
Today, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, led by Chairman Andy Barr (KY-06), is holding a hearing entitled, “Consumer Financial Protection Bureau: Ripe for Reform.”
Watch Chairman Barr’s opening remarks here.
Read Chairman Barr’s opening remarks as prepared for delivery.
“Thank you to our witnesses for… Read more »
