News List

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 »

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… Read more »

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… Read more »

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… Read more »

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… Read more »