Today marks one year of one-party rule in Washington, with Democrats controlling the House, Senate, and White House. Everywhere you look—from rising prices, to empty store shelves, to weak job creation—our economy is in shambles, thanks to Democrats’ reckless agenda. Meanwhile, Democrats on the House Financial Services Committee have been more focused on rejecting innovation and covering… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Federal Reserve released its Central Bank Digital Currency (CBDC) discussion paper:
“In order for the U.S. payments system to remain the best in the world, private sector innovation must lead the way," said Republican Leader McHenry. "This is… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Biden’s intention to nominate Sarah Bloom Raskin as Vice Chair for Supervision at the Federal Reserve:
“Former Fed Governor Raskin has a long history of distinguished government service,” said Republican Leader McHenry. “I encourage her to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (R-NC), and the top Republican on the Senate Banking Committee, Pat Toomey (R-PA), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The letter raises serious concerns with Chair Gensler’s decision to limit outside input on rulemakings by providing unreasonably short public… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding the resignation of Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams:
“As Chairman of the FDIC, Jelena McWilliams led with skill and integrity,” said Republican Leader McHenry. “Throughout her career she has been a dedicated public… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding Securities and Exchange Commission (SEC) Chair Gary Gensler pursuing major rulemakings with inadequate public comment periods:
“I’m disappointed Chair Gensler continues to pursue significant, and often partisan, rulemakings… Read more »
Today, Republicans on the House Financial Services Committee, led by Patrick McHenry (NC-10), opened an investigation into the unprecedented, attempted power grab by Democrats on the Federal Deposit Insurance Corporation’s (FDIC) Board of Directors, including Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, acting head of the Office of Comptroller of the Currency Michael… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Yahoo Finance to discuss yesterday’s hearing with CEOs of digital assets organizations, Web3, and the future of crypto regulation in the U.S.
Watch the full interview here or by clicking the image above.
Read excerpts from… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding an attempt by the Consumer Financial Protection Bureau (CFPB) Director, Rohit Chopra, and a Federal Deposit Insurance Corporation (FDIC) Director, Martin Gruenberg, to circumvent FDIC Chairwoman Jelena McWilliams:
“Rohit Chopra and the White House are attempting… Read more »
Today, the House Financial Services Committee is holding a hearing with the CEOs of six digital asset organizations. Digital assets have the potential to revolutionize the way Americans participate in our financial system. Lawmakers must fully understand and embrace this new technology, not stifle it with burdensome regulations.
Watch Republican Leader Patrick McHenry’s (NC-10) opening… Read more »
