Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the reports released by the Biden Administration under Executive Order 14067—Ensuring the Responsible Development of Digital Assets.
“Reports are not a substitute for legislative clarity,” said Republican Leader McHenry. “The digital asset… Read more »
Today, the House Financial Services Committee is holding a hearing on the impact of de-risking in the Caribbean. Witnesses at today’s hearing include Barbados Prime Minister Mia Amor Mottley, among others.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here.
Read Republican Leader McHenry’s opening remarks as prepared for delivery:
“Thank you, Madam Chair for holding… Read more »
Following a May hearing examining the potential impact of a Central Bank Digital Currency (CBDC), all Republican members of the House Financial Services Committee—led by Republican Leader Patrick McHenry (NC-10)—sent a letter to Federal Reserve Board (Fed) Vice Chair Lael Brainard. Committee Republicans are demanding Vice Chair Brainard clarify her testimony, specifically regarding the… Read more »
House Financial Services Committee Republican Leader Patrick McHenry (NC-10) and Rep. French Hill (AR-02), Ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, sent a letter to House Speaker Nancy Pelosi (CA-12) requesting H.R. 8036, the National Flood Insurance Program Extension Act of 2022, be brought to the House… Read more »
Today, all Republican members of the House Financial Services Committee’s Investor Protection, Entrepreneurship, and Capital Markets Subcommittee—led by Republican Leaders Patrick McHenry (NC-10) and Bill Huizenga (MI-02)—sent a letter to Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA).
Subcommittee Republicans are urging FINRA against considering… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Congressman Tom Emmer (MN-06) in sending a letter to Comptroller General Gene Dodaro requesting a study of the Department of Housing and Urban Development’s (HUD) mortgage assistance to acute care hospitals. Presently, facilities that focus on mental health care are the only type… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), sent two letters regarding witnesses for next week’s hearing, entitled “Accounting Standards in the 21st Century.”
In a letter to the Public Company Accounting… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the public release of the Department of Justice (DOJ) Office of Legal Counsel’s opinion supporting Democrats’ unprecedented, partisan power grab on the board of the Federal Deposit Insurance Corporation (FDIC).
“House Republicans will not be deterred… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the agreement announced today between the Public Company Accounting Oversight Board (PCAOB) and Chinese officials regarding inspections and investigations of audit firms based in China and Hong Kong.
“Today’s agreement is only the first step to… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after voting against Democrats’ reckless tax-and-spend reconciliation bill:
“Today, House Democrats voted to raise taxes on hardworking Americans to fund their far-left agenda—all under the guise of so-called ‘inflation reduction,’” said Republican Leader… Read more »
