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McHenry Announces New Member of Financial Services Committee

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Today, House Republicans selected Congressman Pete Sessions (TX-17) to serve on the House Financial Services Committee. The top Republican on the Committee, Patrick McHenry (NC-10), issued the following statement in response: “Congressman Sessions brings a wealth of experience as the newest addition to the Financial Services Committee,” said Republican Leader McHenry. “He will…

McHenry at Hearing on Credit Reporting: We Should Be Promoting Competition to Create Better Opportunities for Consumers

| Posted in Press Releases

Today, the House Financial Services Committee is holding a hearing on Democrats’ attempt to socialize the credit reporting industry, which would jeopardize the privacy and security of consumer data, as well as politicize the allocation of credit. Instead of a disastrous government run credit reporting agency, we should be working to create more competition and give consumers…

McHenry Requests Documents Regarding SEC’s Politically Motivated Action to Overhaul the PCAOB

| Posted in Press Releases

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent letters to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, and the Acting Chair of the Public Companies Accounting Oversight Board (PCAOB), Duane DesParte. In the letters, Republican Leader McHenry requests specific documents and communications regarding the SEC’s…

McHenry & Hill Statement on President Biden’s Decision to Extend the CDC’s Eviction Moratorium

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Housing, Community Development, and Insurance, French Hill (AR-02), released a statement following President Biden’s decision to extend the Centers for Disease Control and Prevention’s (CDC) eviction moratorium.   To fix the Biden…

McHenry: The True Lender Rule is Good, Bipartisan Policy That Provides Clarity to Banks and FinTechs

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), spoke on the House floor in opposition to Democrats’ move to use the Congressional Review Act (CRA) to rescind the Office of the Comptroller of the Currency’s (OCC) True Lender rule. House Democrats’ politically motivated action would make financial services more expensive and less accessible,…

McHenry at Committee Markup: These Bills Are A Grab Bag of So-called Solutions in Search of Problems

| Posted in Press Releases

Today, the House Financial Services Committee is holding a markup of four partisan pieces of legislation that will not support our country’s reopening or get Americans back to work. In a letter from Republican Leader Patrick McHenry (NC-10) to Chair Waters today, he urged the Chair to include Republican bills in Committee markups to “support our shared goal of growing the economy,…

McHenry & Hill Release Statement on Termination of FHFA Director Calabria

| Posted in Press Releases

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on Housing, Community Development, and Insurance, French Hill (AR-02), released the following statement on President Joe Biden’s decision to terminate Dr. Mark Calabria as the Director of the Federal Housing Finance Agency (FHFA):   “By firing…

Committee Republicans Introduce Legislation to Protect Renters from Eviction

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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), led all Committee Republicans in introducing the Renter Protection Act. This legislation protects renters who could face eviction when the national eviction moratorium expires this month by consolidating COVID-related Emergency Rental Assistance programs and quickly disbursing the aid. As Ranking…

H.R. 1187 Will Hurt Everyone Saving for Retirement, a College Education, or Just Trying to Build a Better Life

| Posted in Press Releases

Today, the top Republican on the Subcommittee on Investor Protection, Capital Markets, and Entrepreneurship, Bill Huizenga (MI-02), delivered remarks on the House floor in opposition to H.R. 1187, Democrats’ attempt to hijack our securities law to push their far-left social agenda. Democrats’ legislation will result in fewer investment opportunities for everyday Americans trying to…

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