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McHenry Reintroduces Gig Worker Equity Compensation Act

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The Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced H.R. 2990, the Gig Worker Equity Compensation Act. This legislation will include the gig workforce in the category of workers who are able to benefit from equity compensation, helping them share in our economic resurgence, while preserving the flexibility and independence…

McHenry: Don’t Punish Everyday American Investors with a Democrat Agenda that Results in Fewer Investment Options

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Today, the House Committee on Financial Services is holding its third hearing on GameStop. While Committee Democrats will push progressive policies that reduce access to our capital markets under the guise of “consumer protection,” Republicans will highlight the benefits of expanding investment opportunities for everyday Americans and fostering financial…

McHenry Statement on Fed Action to Allow FinTech Access to Payment System

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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Reserve’s announcement that they are seeking comment on allowing non-bank financial institutions to access their payment system:     “I’m glad that the Fed is seeking comment on how best to include financial…

Reps. McHenry & Maloney Introduce Bipartisan Financial Transparency Act

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 Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, and Congresswoman Carolyn B. Maloney (D-NY), Senior Member of the House Financial Services Committee and previous Chair of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, today introduced The Financial Transparency Act.   The legislation will make…

McHenry on President Biden's Address to Joint Session

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The top Republican on the House Financial Services Committee, Congressman Patrick McHenry (NC-10), released the following statement in response to President Joe Biden's address to a joint session of Congress: “On Inauguration Day, President Biden committed to healing our nation’s divisions and bringing Americans together. Since then, we’ve seen his Administration and his Democrat…

Committee Republicans Release Report on Financial Innovation

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Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with the current and former Republican leaders of the Committee’s Task Forces on Financial Technology and Artificial Intelligence, French Hill (AR-02), Tom Emmer (MN-06), and Barry Loudermilk (GA-11), released a Republican staff report outlining the work of the task forces in the…

McHenry: Democrats’ Political Gain is the American People’s Loss

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Today, the House Committee on Financial Services is holding a markup of several partisan pieces of legislation from Committee Democrats, including bills that would harm American consumers and lead to the naming-and-shaming of America’s job creators. Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here. Read Republican Leader McHenry’s opening remarks as…

House Passes Bipartisan Financial Services Bills

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Today, the U.S. House of Representatives passed several bipartisan pieces of financial services legislation, including H.R. 1602, introduced by Congressman Patrick McHenry (NC-10), the Republican leader of the House Financial Services Committee. The bipartisan Eliminate Barriers to Innovation Act will establish a digital asset working group to ensure collaboration…

McHenry: Stivers Has Been a Tireless Advocate for Ohioans, Skilled Legislator

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Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Ranking Member of the Subcommittee on Housing, Community Development, and Insurance, Steve Stivers (OH-15), announced his retirement from Congress next month:   “I remember meeting Steve when he was serving as…

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