Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Acting Comptroller of the Currency Brian Brooks announced he will step down from his current position at the OCC:
“Acting Comptroller Brooks has been a steadfast advocate for financial technology, regulatory modernization and… Read more »
Today, House Financial Services Committee Republicans, led by Republican Leader Patrick McHenry (NC-10), held a roundtable with financial services cybersecurity experts to examine the pressing issues surrounding cybersecurity and digitization of operations within the financial sector, especially in light of the COVID-19 crisis. This roundtable follows the release of a Republican… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Subcommittee on Oversight and Investigations, Andy Barr (KY-06), issued a Republican staff report on cybersecurity in the COVID-19 era. The report found that the coronavirus pandemic and related relief programs created an environment ripe for… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Securities and Exchange Commission’s (SEC) statement and request for comment regarding the custody of digital asset securities by broker-dealers:
“I am pleased the SEC has taken meaningful action today to support innovation in the… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement on the passage of the Senate Amendment to H.R. 133, the Consolidated Appropriations Act, to provide additional targeted COVID-19 relief and government funding:
“Democrats wanted a massive spending bill and used COVID as an excuse to justify their delusional… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the funds appropriated by Congress in the CARES Act remaining in the Exchange Stabilization Fund (ESF) and how that money should be repurposed:
"In March, I pushed for $500 billion in the CARES Act to backstop the economy through the Exchange Stabilization Fund… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Securities and Exchange Commission (SEC) adopted a rule regarding resource extraction issuers:
“It’s time to permanently repeal Dodd-Frank’s costly and unnecessary mandatory disclosures, which hurt American businesses. The history of the resource… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to former Vice-President Joe Biden’s decision to nominate Congresswoman Marcia Fudge (OH-11) to serve as Secretary of Housing and Urban Development (HUD):
“The housing needs of Americans are too great to appoint someone who is accepting this… Read more »
WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement after the Consumer Financial Protection Bureau (CFPB) issued final rules on qualified mortgage (QM) loans to provide clarity to mortgage market participants:
“The CFPB’s final rules give the mortgage industry certainty and help to smooth the… Read more »
Today, Congressman Patrick McHenry (NC-10) was re-elected by members of the House Republican Conference to continue to lead the House Financial Services Committee as Ranking Member. McHenry released the following statement after his re-election:
“It’s an honor to have two more years as the Committee’s Republican leader. Over the past two years, Republican Committee Members have delivered… Read more »
