Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) decision to rescind a policy statement that provided clarity on how it applied the "abusiveness" standard in supervision and enforcement matters:
“The CFPB is already backsliding to… Read more »
Today, the House Financial Services Committee is holding a hearing on fair access to housing and financial services, where Republicans will emphasize that economic freedom, full employment, and rising wages are the most effective ways to lift up all communities, including communities of color.
Watch Republican Leader Patrick McHenry’s (NC-10) opening… Read more »
Congressman Patrick McHenry (R-NC), Republican leader of the House Financial Services Committee, and Congressman Stephen F. Lynch (D-MA), Chair of the Financial Technologies Task Force, introduced H.R. 1602, the Eliminate Barriers to Innovation Act this week. This bipartisan bill will require the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)… Read more »
Today, Congressman Patrick McHenry (NC-10), lead Republican on the House Financial Services Committee, and Congressman French Hill (AR-02), lead Republican on the Subcommittee on National Security, International Development, and Monetary Policy, introduced the International Nuclear Energy Financing Act, which would bring back financing for nuclear power at the World Bank.
“Anyone… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and the Republican leader of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), reintroduced legislation to protect American savers and investors from Democrats’ harmful tax proposals. The Protecting… Read more »
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, delivered the following remarks on the House Floor in opposition to H.R. 1319, Democrats’ partisan “stimulus” plan:
Watch Ranking Republican McHenry’s remarks HERE.
“We have politicians who are talking down our economy specifically to pass this spending package.
“To be… Read more »
Today, Republican Leader of the House Financial Services Committee Patrick McHenry (NC-10) testified before the House Rules Committee on President Biden’s “stimulus” plan. This partisan bill fails to target aid to Americans most in need and will not safely reopen our economy.
Watch Republican Leader McHenry’s remarks at the Rules Committee HERE.
Read Republican Leader… Read more »
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, released the following statement on Treasury Secretary Janet Yellen’s letter to G20 colleagues. Today’s letter raises the possibility of a Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF).
“The Treasury Department has better tools to fight COVID-19… Read more »
Today, the House Financial Services Committee is holding a hearing with the Chairman of the Federal Reserve Board of Governors, Jerome Powell, to discuss the state of the economy, monetary policy, and the Federal Reserve’s response to the COVID-19 crisis.
Watch Republican leader Patrick McHenry’s opening remarks here.
Read Republican leader Patrick McHenry’s opening remarks as prepared… Read more »
The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening remarks at today’s GameStop hearing. Republicans will use this hearing as a fact-finding mission to better understand whether the regulatory environment is conducive to innovation, supports the democratization of financial markets, and allows retail investors to fully… Read more »
