With only days left before the expiration of the national eviction moratorium, President Biden and Democrats are failing America’s renters. Congress appropriated more than $46 billion in emergency rental assistance (ERA), but the latest data shows less than seven percent of the funding reached those who need it. By adding unneeded complexity and uncertainty to the programs, Democrats have… Read more »
Today, the House Financial Services Committee is holding a hearing with the Secretary of Housing and Urban Development (HUD), Marcia Fudge. Republicans will use the hearing to hold the Biden Administration accountable for its mismanagement of the COVID Emergency Rental Assistance (ERA) programs. Last month, all Committee Republicans introduced H.R. 3913, the Renter… Read more »
By Rep. Patrick McHenry, R-N.C. | July 15, 2021
This year began with a question about whether we had done enough to secure a full economic recovery. Now the question is: can our economy handle this recovery?
Prices are rising and they are rising fast — unsound fiscal policy and government spending… Read more »
In response to a series of partisan actions by Consumer Financial Protection Bureau (CFPB) Acting Director David Uejio, Committee Republicans, led by Republican Leader Patrick McHenry (NC-10), sent a letter to the Acting Director detailing how his policies will harm American consumers, workers, and families. Additionally, Republican Leader McHenry sent a letter to… Read more »
By Rep. Patrick McHenry, R-N.C. | July 15, 2021
This year began with a question about whether we had done enough to secure a full economic recovery. Now the question is: can our economy handle this recovery?
Prices are rising and they are rising fast — unsound fiscal policy and government spending are contributing to these higher costs. Families are… Read more »
Today, all Republicans on the House Financial Services Committee, led by Patrick McHenry (NC-10), sent a letter to Michael Hsu, acting head of the Office of the Comptroller of the Currency (OCC). The letter outlines Republican priorities for the OCC including regulatory reform, fostering financial innovation, strengthening cybersecurity, and promoting financial inclusion. The… Read more »
Today, the House Financial Services Committee is holding its semiannual hearing with Federal Reserve Chair Jerome Powell on monetary policy and the state of the economy. Republicans will emphasize how Democrats’ spend-first-ask-questions-later approach and unsound fiscal policies will harm American job creators, workers, and families. Instead, we should be laser focused on… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Chairwoman Maxine Waters (CA-43) urging her to require Treasury Secretary Janet Yellen to testify at next week’s hearing alongside Housing and Urban Development (HUD) Secretary Marcia Fudge. Committee Republicans want answers from Secretary Yellen on the Treasury… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on President Biden’s misguided Executive Order that would drive up regulatory costs on financial institutions, leading to further consolidation:
“This is nothing more than Democrats’ attempt to clean up their own mess caused by Dodd-Frank,” said Republican Leader… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Bloomberg TV’s Balance of Power to discuss his new role as the leader of House Republicans’ Task Force on Jobs and the Economy, getting Americans back to work, and what should be in an infrastructure package.
Watch the full interview… Read more »
