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U.S. House Lawmakers Work on 5 Yr. Extension of National Flood Insurance Program
Jun 14, 2019
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WASHINGTON, D.C. -- Lawmakers on Capitol Hill are working on a five-year extension to the National Flood Insurance Program (NFIP). Earlier this week, a compromise plan advanced out of a House committee with unanimous, biptartisan support - the first step on Capitol Hill for the legislation. For year...
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Committee Unanimously Passes Bipartisan Flood Insurance Bills
Jun 12, 2019
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WASHINGTON – Today, the House Financial Services Committee passed two pieces of bipartisan legislation to reauthorize the National Flood Insurance Program (NFIP) through September 30, 2024 and implement much-needed reforms to the outdated program. Watch Republican leader of the House Financial Servi...
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House Panel Approves Bill Overhauling Federal Flood Insurance
Jun 12, 2019
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Bipartisan bill aims to spur private flood insurance and lower costs for lower-income homeowners WASHINGTON—Lawmakers in the House advanced a bipartisan plan to overhaul the federal flood-insurance program, which has struggled to keep pace with record disaster payouts in recent years. The bill, appr...
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Ranking Member McHenry Delivers Remarks at Committee Markup
Jun 11, 2019
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WASHINGTON – Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening remarks today at a committee markup of: H.R. 2162, H.R. 2513, H.R. 2763, H.R. 3018, H.R. 3111, H.R. 3141, H.R. 3154, and the “National Flood Insurance Program Reauthoriz...
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“It’s about creating an atmosphere for growth and making sure that entrepreneurship can remain alive.”
Jun 7, 2019
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GOP Leaders of Financial Services Panel Lay Out Top Priorities for This Year WASHINGTON, DC — The Ripon Society hosted a breakfast discussion Wednesday morning with the Ranking Member and subcommittee Ranking Members of the House Financial Services Committee, who discussed the legislative approach t...
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McHenry Applauds SEC’s Adoption of Commonsense Investor Protection Rules, Preserving Choice for Retail Investors
Jun 5, 2019
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WASHINGTON – Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the U.S. Securities and Exchange Commission’s (SEC) finalization of a package of rulemakings and interpretations on financial advice for retail investors...
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McHenry: Ex-Im Should be Focused on the Exports of the Future
Jun 4, 2019
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WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), called for the modernization and diversification of the more than 80-year-old U.S. Export-Import (Ex-Im) Bank. He highlighted the increased focus of the Bank today as “a tool of our national...
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McHenry: Republicans Will Continue to Work to Advance Solutions, Not Soundbites
May 22, 2019
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WASHINGTON – Today, House Democrats chose to put politics ahead of consumers by passing partisan legislation to alter portions of the Consumer Financial Protection Bureau (CFPB). H.R. 1500, the Consumers First Act, ignores the fundamental flaw of the CFPB, its unaccountability, which Republicans hav...
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McHenry Applauds HUD Modernization, Increased Opportunities for All Americans Under Carson
May 21, 2019
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WASHINGTON – Today, the House Financial Services Committee held a hearing to receive testimony from the Housing and Urban Development (HUD) Secretary, Ben Carson. The Republican leader of the Committee, Patrick McHenry (NC-10), applauded Secretary Carson’s efforts to bring much needed reform to the ...
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McHenry Urges Regulators to Implement Regulatory Right-Sizing, Consumer Protection Policies
May 16, 2019
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WASHINGTON – Today, the House Financial Services Committee held a hearing to receive testimony from the Chair of the National Credit Union Administration, Rodney Hood; Chair of the Federal Deposit Insurance Corporation, Jelena McWilliams; Comptroller of the Currency, Joseph Otting; and Vice Chair of...
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