Today, the Republican Leader of the House Financial Services Committee, Patrick McHenry (NC-10), and the Republican Leader of the Consumer Protection and Financial Institutions Subcommittee, Blaine Luetkemeyer (MO-03), sent a letter to Treasury Secretary Janet Yellen urging the Financial Crimes Enforcement Network (FinCEN) to adhere to Congressional intent when developing and… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), introduced the Debt Bondage Repair Act (DBRA) to help the victims of human trafficking regain their livelihood and recover from the financial harm inflicted by traffickers.
“Survivors of human trafficking and debt bondage already face unimaginable… Read more »
Today, Republican leaders of the House Financial Services Committee, led by Ranking Member Patrick McHenry (NC-10), sent a letter to Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). Ahead of tomorrow’s scheduled FSOC meeting, the Republican leaders urged the Council not to stray… Read more »
Today, the House Financial Services Committee is holding a hearing with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell to discuss their continued response to the COVID-19 pandemic and our accelerating economic recovery.
Watch Ranking Member Patrick McHenry’s (NC-10) opening remarks here.
Read Ranking Member McHenry’s… Read more »
Today, the full Committee is holding its second GameStop hearing. While Democrats continue to push progressive priorities—like a harmful financial transaction tax (FTT)—under the guise of “consumer protection,” Republicans want to remove the barriers that limit access to our capital markets and provide more opportunities for everyday investors.
Watch… Read more »
Today, every Republican Member of the House Financial Services Committee signed onto a resolution condemning attempts to impose a federal financial transaction tax (FTT) on investors, savers, or market intermediaries. With growing calls from Democrats to implement FTTs—to either hamper retail investors following the GameStop situation or to pay for their massive spending… Read more »
Today, the Ranking Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss the committee’s second hearing on the GameStop trading saga and the next steps Congress should take to remove hurdles to everyday investors and democratize financial markets.
… Read more »
House Financial Services Committee leaders Patrick McHenry (NC-10) and Bill Huizenga (MI-02) are receiving widespread support for their efforts to protect Americans from Democrats’ harmful tax proposals. The Protecting Retirement Savers and Everyday Investors Act would block states from imposing financial transaction taxes (FTTs) on certain industry participants, including stock… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to the Acting Chair of the Securities and Exchange Commission (SEC) urging her to uphold the Commission’s independence and follow through on necessary improvements to the Regulation Crowdfunding rules. These changes will support small businesses as they work… Read more »
Ahead of today’s Consumer Protection and Financial Institutions Subcommittee hearing on helping consumers during the pandemic, Republican leader Patrick McHenry (NC-10) reintroduced legislation to support Americans’ access to credit. H.R. 1645, the Protecting Consumer Access to Credit Act, would make commonsense reforms to the Fair Credit Reporting Act (FCRA) to ensure accurate… Read more »
