Today, the House Financial Services Committee is holding a bipartisan hearing to investigate the events surrounding the collapse of digital asset trading platform FTX. Committee Members will question current FTX CEO John Ray to get the answers the firm’s customers and the American people deserve.
Watch Chairman-elect Patrick McHenry’s (NC-10) opening remarks here.
Read Chairman-elect… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced several Committee Republican initiatives were included in the final text of the National Defense Authorization Act for fiscal year 2023 (NDAA). The House of Representatives is expected to vote on the legislation later today.
Committee Republican Priorities in the FY2023… Read more »
Today, Congressman Patrick McHenry (R-NC, the top Republican on the House Financial Services Committee, and Congresswoman Carolyn B. Maloney (D-NY), a Senior Member of the House Financial Services Committee, applauded the final House passage of the Financial Transparency Act as an amendment to the FY 2023 National Defense Authorization Act. This legislation would require all financial… Read more »
Today, Congressman Patrick McHenry (NC-10) issued the following statement after being selected as Chairman of the House Financial Services Committee for the 118th Congress by the House Republican Steering Committee:
“I’m honored to have been selected by my colleagues as the next Chairman of the House Financial Services Committee,” said Chairman-elect McHenry. “After serving on this… Read more »
Today, the House Financial Services Committee is holding a hearing on housing inflation. While Democrats advocate for dumping more taxpayer dollars into ineffective programs and an already overheated housing market, Republicans are pushing for commonsense solutions to make homeownership more accessible by expanding our housing supply.
Watch Republican Leader Patrick McHenry’s opening… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Republican on the House Financial Services Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), led a letter to Susan Collins, President of the Federal Reserve Bank of Boston, about “Project Hamilton,” an initiative to research the development of a central bank digital… Read more »
Today, the Ranking Member of the House Financial Services Committee, Congressman Patrick McHenry (R-NC), and the Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), announced a bipartisan hearing into the collapse of FTX and the broader consequences for the digital asset ecosystem. In December, the Committee expects to hear from the companies and… Read more »
Today, House Financial Services Committee is holding an oversight hearing with the prudential regulators, including Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, Michael Barr; acting Chair of the Federal Deposit Insurance Corporation, Martin Gruenberg; acting Comptroller of the Currency, Michael Hsu; and Chair of the National Credit Union… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Biden announcing his intent to nominate Martin Gruenberg to serve as Chair of the Federal Deposit Insurance Corporation’s (FDIC) Board of Directors.
“President Biden’s appointment of Martin Gruenberg as Chair of the FDIC shows this… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding recent events in digital asset markets that led to Binance announcing its intent to acquire FTX.
“For years, I have advocated for Congress to develop a clear regulatory framework for the digital asset ecosystem, including trading platforms,” said… Read more »
