Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Consumer Financial Protection Bureau’s (CFPB) Notice of Proposed Rulemaking to implement his bill, H.R. 2332, the Debt Bondage Repair Act:
“I’m glad to see the CFPB move quickly to propose this rule to help survivors of human trafficking regain their… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen. Republicans will discuss the state of the international financial system and hold the Biden Administration accountable for the Treasury Department’s international activities, specifically those at the international financial institutions.
Watch Republican Leader Patrick McHenry’s… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a Staff Report entitled, “Ten Years of the Jumpstart Our Business Startups (JOBS) Act of 2012: How the Law Spurred Capital Formation, and How Congress Can Build on Its Success.”
Read the full report here or by clicking the image… Read more »
Ahead of today’s hearing on financial fees, Committee Republicans sent a letter outlining Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra’s recent actions that could stifle financial inclusion and eliminate consumer choice. A majority of the Republican Members, led by Ranking Member Patrick McHenry (NC-10) and Consumer Protection and Financial Institutions Subcommittee… Read more »
By Patrick McHenry and Jay Clayton | March 20, 2022
The Securities and Exchange Commission will propose sweeping new rules this week requiring publicly traded, and perhaps even private, companies to disclose extensive climate-related data and additional “climate risks.”
Setting climate policy is the job of… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC’s) proposal to mandate disclosure of mostly immaterial information related to climate change:
“The Biden Administration is pushing its climate agenda through financial regulators because they… Read more »
Today, the House Financial Services Committee is holding a markup of several bills to further isolate the Putin regime from the international financial system in response to Russia’s invasion of Ukraine. Of the five pieces of legislation being considered at today’s markup, four of the bills are bipartisan, with two led by Republican members.
Watch Republican Leader Patrick McHenry’s… Read more »
Today, Rep. Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, and Rep. Adrian Smith (NE-03), a senior Republican on the House Ways and Means Committee, introduced the Eliminating Paperwork for Startups Act. This legislation will modernize how 83(b) election forms are filed with the Internal Revenue Service (IRS)—making these filings more efficient and… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Biden’s Executive Order regarding digital assets:
“One thing that today’s action makes clear—Congress must legislate,” said Republican Leader McHenry. “We need bipartisan solutions developed through a thoughtful and transparent… Read more »
Today, the House Financial Services Committee is holding the House of Representative’s first hearing solely on inflation entitled, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19.” After months of consumer prices surging at a record pace, Democrats have finally recognized that inflation is hurting American families. However, as the Democrats’ title… Read more »
