Today, the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) for fiscal year 2022. Provisions of the Eliminate Barriers to Innovation Act and the Debt Bondage Repair Act—two crucial, bipartisan bills sponsored by Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee—were included in the legislative package.
“The NDAA is one… Read more »
Today, Democrats on the House Financial Services Committee advanced their portion of the $3.6 trillion reconciliation monstrosity that will slow our economic recovery, kill jobs, and further drive up the cost of housing. In their rush to pass their tax-and-spending spree, Committee Democrats voted down 25 commonsense Republican amendments that would protect taxpayers, increase… Read more »
Today, the House Committee on Financial Services continued its markup by considering Democrats’ partisan Emergency Rental Assistance (ERA) reform legislation. Instead of expediting payments from the ERA programs, Committee Democrats’ bill would slow the pace of much needed relief for renters and property owners.
Republican Leader Patrick McHenry (NC-10) offered an amendment to replace… Read more »
Today, the House Committee on Financial Services is holding a markup of its portion of Democrats’ partisan $3.6 trillion spending package that would fundamentally restructure Americans’ relationship with the federal government. Democrats’ tax-and-spending spree would be disastrous for our economic recovery—leading to sluggish growth, weak job creation, and further consumer price… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), filed a discharge petition to force consideration of Republicans’ H.R. 3913, the Renter Protection Act, on the House floor. H.R. 3913 will expedite payments from the Emergency Rental Assistance (ERA) programs, remove the threat of eviction from COVID-impacted renters, and keep… Read more »
Today, the House Committee on Financial Services is finally holding a hearing on the Biden Administration’s mismanagement of the Emergency Rental Assistance (ERA) programs, following multiple requests from Committee Republicans. Instead of Democrat proposals that would make the programs worse, not better, the Committee should be focused on the commonsense reforms Republicans have been… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Treasury Secretary Janet Yellen formally inviting her to testify before the Committee at Friday’s hearing on Emergency Rental Assistance (ERA). Secretary Yellen is long overdue to answer for the Treasury Department’s failure to administer $46 billion of COVID ERA funds.… Read more »
One week from today, Committee Democrats will hold a hearing to review “Reforms to Expedite Emergency Rental Assistance.” This long overdue examination of the failed Emergency Rental Assistance (ERA) program comes after months of work by Committee Republicans to provide relief to American families in need—met by months of inaction by House… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Supreme Court’s decision to strike down the Biden Administration’s unconstitutional federal eviction moratorium:
“No one should be surprised by this decision. Republicans knew months ago the CDC had exceeded its authority. The… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a statement following the resignation of Public Company Accounting Oversight Board (PCAOB) members Rebekah Jurata and Megan Zietsman. The departures follow Securities and Exchange Commission (SEC) Chairman Gary Gensler’s politically motivated move to… Read more »
