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Committee Republicans Introduce Legislation to Protect Renters from Eviction

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The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), led all Committee Republicans in introducing the Renter Protection Act. This legislation protects renters who could face eviction when the national eviction moratorium expires this month by consolidating COVID-related Emergency Rental Assistance programs and quickly disbursing the aid. As Ranking…

H.R. 1187 Will Hurt Everyone Saving for Retirement, a College Education, or Just Trying to Build a Better Life

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Today, the top Republican on the Subcommittee on Investor Protection, Capital Markets, and Entrepreneurship, Bill Huizenga (MI-02), delivered remarks on the House floor in opposition to H.R. 1187, Democrats’ attempt to hijack our securities law to push their far-left social agenda. Democrats’ legislation will result in fewer investment opportunities for everyday Americans trying to…

Announcing Investigation, McHenry Instructs the SEC & PCAOB to Preserve Documents Regarding Move to Politicize an Independent PCAOB

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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…

McHenry on the Biden Administration’s Mismanagement of Emergency Rental Assistance: This Is an Abject Failure

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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…

McHenry Statement on Termination of PCAOB Chair Duhnke and Opening of PCAOB Board Positions

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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…

McHenry to CEOs: Rather Than Appeasing the “Woke” Left, We Should Focus on Rebuilding the Greatest Economy in the World

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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…

ICYMI: McHenry: How Can You Have Economic Growth If You Can’t Get People to Go Back to Work?

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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. …

House Republican Committee Leaders Call for a Serious Approach to Competition with China

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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…

McHenry: Use Advances in Technology to Bring More Unbanked and Underbanked Americans Into the Fold

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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…

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