Today, Congressman Patrick McHenry (NC-10), lead Republican on the House Financial Services Committee, and Congressman French Hill (AR-02), lead Republican on the Subcommittee on National Security, International Development, and Monetary Policy, introduced the International Nuclear Energy Financing Act, which would bring back financing for nuclear power at the World Bank.
“Anyone… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and the Republican leader of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), reintroduced legislation to protect American savers and investors from Democrats’ harmful tax proposals. The Protecting… Read more »
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, delivered the following remarks on the House Floor in opposition to H.R. 1319, Democrats’ partisan “stimulus” plan:
Watch Ranking Republican McHenry’s remarks HERE.
“We have politicians who are talking down our economy specifically to pass this spending package.
“To be… Read more »
Today, Republican Leader of the House Financial Services Committee Patrick McHenry (NC-10) testified before the House Rules Committee on President Biden’s “stimulus” plan. This partisan bill fails to target aid to Americans most in need and will not safely reopen our economy.
Watch Republican Leader McHenry’s remarks at the Rules Committee HERE.
Read Republican Leader… Read more »
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, released the following statement on Treasury Secretary Janet Yellen’s letter to G20 colleagues. Today’s letter raises the possibility of a Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF).
“The Treasury Department has better tools to fight COVID-19… Read more »
Today, the House Financial Services Committee is holding a hearing with the Chairman of the Federal Reserve Board of Governors, Jerome Powell, to discuss the state of the economy, monetary policy, and the Federal Reserve’s response to the COVID-19 crisis.
Watch Republican leader Patrick McHenry’s opening remarks here.
Read Republican leader Patrick McHenry’s opening remarks as prepared… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening remarks at today’s GameStop hearing. Republicans will use this hearing as a fact-finding mission to better understand whether the regulatory environment is conducive to innovation, supports the democratization of financial markets, and allows retail investors to fully… Read more »
U.S. House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) and U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) are urging the Securities and Exchange Commission (SEC) to start or complete seven good government initiatives, several of which have been awaiting action for years.
In the letter to Acting Chair Lee, the ranking members wrote:
“We hope… Read more »
This week the Committee held a markup of the Biden “stimulus” plan. Republicans presented a clear alternative to the oversized partisan package by offering amendments to target COVID relief toward Americans most in need, ensure additional funding is temporary, and to tie money directly to the national emergency.
Unfortunately, on day two, Democrats again took a largely partisan approach,… Read more »
Yesterday, the Full Committee began its markup on portions of President Biden’s partisan, $1.9 trillion bill. This misguided, oversized COVID-19 “stimulus” package would do little to provide the temporary, targeted, and COVID-related aid that our communities, schools, and small businesses need to safely reopen.
Republicans offered commonsense amendments to target relief toward those most… Read more »
