The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), sent letters to Securities and Exchange Commission (SEC) Chair Gary Gensler and Public Companies Accounting Oversight Board (PCAOB) Acting Chair Duane DesParte. These letters follow Chair Gensler’s move last week to blatantly politicize an independent PCAOB by terminating then-PCAOB Chair William Duhnke… Read more »
Today, the House Committee on Financial Services is holding a hearing on Democrats’ proposals to create a new, massive federal housing voucher entitlement program, which does nothing to increase the supply of rental housing. Instead, the Committee should be focused on fixing the Biden Administration’s mismanagement of the COVID-19 emergency rental assistance.
Watch… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a statement regarding the move by Securities and Exchange Commission (SEC) Chair Gary Gensler to terminate William Duhnke as Chairman of the Public Company Accounting Oversight Board (PCAOB) and his intent to fill all five PCAOB Board seats with handpicked appointees.
“This is… Read more »
Today, the House Financial Services Committee is holding a hearing with the CEOs of six Global Systemically Important Banks (GSIBs), including Citigroup, JP Morgan Chase & Co., Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs. Republicans will emphasize the need for banks to focus on what they do best—providing capital… Read more »
During today’s House Financial Services Committee hearing, Republican Leader Patrick McHenry (NC-10) questioned the bank CEOs on the outlook for jobs and the economy and the challenges we’re facing as we work to recover.
The CEOs of some of America’s leading banks agreed with Republican Leader McHenry and confirmed job dislocation poses a threat to our recovery.
… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined House Science, Space, and Technology Committee Ranking Member Frank Lucas in a letter to House Speaker Nancy Pelosi and Majority Leader Steny Hoyer urging them to prioritize passing legislation on American competitiveness through regular order. McHenry and Lucas were joined by… Read more »
oday, the House Financial Services Committee is holding a hearing with prudential regulators, including the Office of the Comptroller of the Currency (OCC), the National Credit Union Administration (NCUA), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System.
Watch Republican Leader Patrick McHenry’s… Read more »
Today the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), announced the following changes to the Committee’s Republican leadership team:
Ranking Member of the Subcommittee on Housing, Community Development, and Insurance — Rep. French Hill (AR-02)
Ranking Member of the Subcommittee on National Security, International Development and… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), spoke on the House floor in opposition to Democrats’ bill to socialize the credit industry, H.R. 2547, the Comprehensive Debt Collection Improvement Act. This legislation will hurt small businesses, increase risk to the financial system, and drive up the cost of credit for all… Read more »
Today, the House Financial Services Committee is holding a markup of several partisan pieces of legislation from Committee Democrats that would lead to the naming-and-shaming of America’s job creators and weaken our financial system, all under the guise of consumer and investor protection. The April jobs report is proof that Democrats’ far-left agenda is stalling our economic… Read more »
