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McHenry, Emmer Urge CBO to Study Disastrous Impact of Democrats’ Reckless Spending Proposals

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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), sent a letter to the non-partisan Congressional Budget Office (CBO) asking the agency to report to Congress on the impact of Democrats’ reckless new government spending proposals on our economic…

McHenry, Thompson Instruct SEC & CFTC to Establish Joint Working Group on Digital Assets

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the House Agriculture Committee, Glenn 'GT' Thompson (PA-15), sent a letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler and Commodity Futures Trading Commission (CFTC) Acting Chairman Rostin Behnam. The letter directs the agencies to establish a…

McHenry Statement on Gensler Power Grab Over Digital Asset Exchanges

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to Securities and Exchange Commission (SEC) Chair Gary Gensler asking for jurisdiction of all exchanges of digital assets—not all of which are securities—in a letter to Senator Elizabeth Warren:   “Chairman Gensler’s latest move to ask Congress…

Financial Services, Energy and Commerce Republicans Demand Speaker Pelosi Bring House Back to Work to Find Permanent Solution for Renters

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Today, Republicans on the House Financial Services Committee and Energy and Commerce Committee, led by Republican Leaders Patrick McHenry (NC-10) and Cathy McMorris-Rodgers (WA-05), sent a letterto Speaker Nancy Pelosi (CA-12). The letter criticizes President Biden’s extension of the unconstitutional eviction moratorium and condemns House Democrats’ inability to find a permanent…

McHenry to Waters: Renters Need a Permanent Solution to Eliminating Their Back Rent

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43). The letter demands Chair Waters convene a hearing with Treasury Secretary Yellen to answer for the Biden Administration’s complete failure to administer the Emergency Rental Assistance (ERA) programs and again urges consideration of Republicans’…

McHenry Issues Statement on Biden Decision to Extend Unconstitutional Eviction Moratorium

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on President Biden’s decision to extend the Centers for Disease Control and Prevention's (CDC) eviction moratorium, which the Supreme Court found unconstitutional, instead of fixing his mismanagement of the rental assistance programs: “The courts made clear the CDC…

McHenry: This Administration is Squarely to Blame for Any American That Loses Their Home

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Biden calling on Congress to extend the unconstitutional eviction moratorium:   “This is a full-scale failure by the Biden Administration that Republicans have been trying to address for months,” said Republican Leader…

McHenry Introduces Bill to Expand Opportunities for Everyday Investors

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Equal Opportunity for All Investors Act. This legislation will increase opportunities for everyday investors and help American job creators access new sources of capital by expanding who can qualify as an accredited investor.   “The accredited investor regime keeps…

McHenry: Republicans and Democrats Can Work Together on Sound Policy

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Today, the House Financial Services Committee is holding a markup of several pieces of legislation, including two Republican-led, bipartisan bills. The Committee will also consider several partisan Democrat proposals that limit opportunities for everyday investors and do nothing to address the mismanagement of the Emergency Rental Assistance programs by the Biden…

Top Republicans Blast Yellen for Dodging Congressional Oversight

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House Republican Whip and Select Subcommittee on the Coronavirus Crisis Ranking Member Steve Scalise (R-La.), Committee on Financial Services Ranking Member Patrick McHenry (R-N.C.), Committee on Oversight and Reform Ranking Member James Comer (R-Ky.), and Committee on Small Business Ranking Member Blaine Luetkemeyer (R-Mo.) today blasted Treasury Secretary Janet Yellen for dodging…

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