Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen, amid Democrats’ push to destroy our economic recovery with their partisan tax-and-spending spree.
Watch Republican Leader Patrick McHenry’s (NC-10) opening remarks here.
Read Republican Leader McHenry’s opening remarks as prepared for… Read more »
By Patrick McHenry | September 24, 2021
As the Biden administration’s inept evacuation from Afghanistan unfolded in August, the president sought to change the subject by saying that an exit would help Americans focus on a more serious threat: China. But with its Afghan policy so disastrously executed, the administration’s… Read more »
By Rep. Blaine Luetkemeyer and Rep. Bill Huizenga
This summer, regulators in China blocked Didi Chuxing, the country’s largest ride-hailing service, from signing up new customers through its app after Chinese regulators claimed the company was lax in protecting users’ personal data. This move followed Beijing’s eleventh-hour intervention last November to prevent Ant Group’s $35 billion… Read more »
By Rep. French Hill and Rep. Tom Emmer
The World Health Organization’s (WHO) ineptitude in the early days of COVID-19 shed light on China’s growing influence over international institutions. The decline of the WHO should serve as a warning as China seeks to expand its malign reach, particularly in economic governance at the International Monetary Fund (IMF), the World Bank, and the… Read more »
By Rep. Andy Barr and Rep. Ann Wagner
Leaders of the Chinese Communist Party (CCP) are engaged in an organized, coordinated effort to usurp the United States as the world’s preeminent economic, military and technological power. Defending against these advances is one of the most significant geopolitical challenges in a generation. However, we cannot beat China by becoming… Read more »
By Rep. Patrick McHenry
As the Biden administration’s inept evacuation from Afghanistan unfolded in August, the president sought to change the subject by saying that an exit would help Americans focus on a more serious threat: China. But with its Afghan policy so disastrously executed, the administration’s message sounded as if someone struggling to master checkers had… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined the House Financial Services Committee Vice Chair Congressman Jake Auchincloss (MA-04) in introducing H.R. 5232, the Working Dog Commemorative Coin Act. This bipartisan bill will instruct the U.S. Mint to develop a commemorative coin series honoring the critical role working dogs play in our… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding President Joe Biden’s nomination of Saule Omarova to lead the Office of the Comptroller of the Currency (OCC):
“President Biden is once again placating his radical base by nominating Saule Omarova as the head of the OCC,” said Republican Leader… Read more »
Today, the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) for fiscal year 2022. Provisions of the Eliminate Barriers to Innovation Act and the Debt Bondage Repair Act—two crucial, bipartisan bills sponsored by Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee—were included in the legislative package.
“The NDAA is one… Read more »
Today, Democrats on the House Financial Services Committee advanced their portion of the $3.6 trillion reconciliation monstrosity that will slow our economic recovery, kill jobs, and further drive up the cost of housing. In their rush to pass their tax-and-spending spree, Committee Democrats voted down 25 commonsense Republican amendments that would protect taxpayers, increase… Read more »
