Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President-elect Joe Biden’s decision to nominate a Commissioner on the Federal Trade Commission (FTC), Rohit Chopra, to serve as Director of the Consumer Financial Protection Bureau (CFPB):
“President-elect Biden’s decision to nominate… Read more »
Today, Ranking Member Patrick McHenry (NC-10), and U.S. Senator Pat Toomey (R-Pa.), the incoming Ranking Member of the Senate Banking Committee, issued the following statement regarding actions taken by the U.S. Department of the Treasury and Federal Housing Finance Agency (FHFA) to begin the process of exiting the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan… Read more »
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 »
