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 »
The Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement on the bipartisan beneficial ownership conference agreement included in the Fiscal Year 2021 National Defense Authorization Act (NDAA) to provide the strongest protections in the history of small businesses’ beneficial ownership data collection:
“The Corporate… Read more »
Today, the House Financial Services Committee is holding a hearing with Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin. This is the third quarterly hearing on the implementation of the CARES Act and the federal government’s response to the economic crisis caused by COVID-19.
Watch Ranking Member Patrick McHenry’s (NC-10) opening… 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 former Federal Reserve Chairwoman Janet Yellen to serve as Treasury Secretary:
“Janet Yellen demonstrated her intellect, foresight, and independence during the financial crisis, and throughout… 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) proposal to provide equity compensation options for gig workers:
“I’m glad to see the SEC is taking action to provide compensation options for gig workers, who are critical in our… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Office of the Comptroller of the Currency’s (OCC) proposed rule to ensure fair access to financial services for lawful businesses:
“No lawful company should be denied a bank loan just because Democrats rely on naming and shaming to… Read more »
Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Securities and Exchange Commission (SEC) Chairman Jay Clayton announced his departure from the Commission at the end of the year:
“Chairman Clayton has worked tirelessly on behalf of Main Street investors throughout his time at the SEC. As… Read more »
Today, the House Financial Services Committee is holding a hearing with prudential regulators, including the Office of the Comptroller of the Currency (OCC), the National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (FRB). Republican Committee Members will discuss the ongoing work by… Read more »
Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in support of the Securities and Exchange Commission’s (SEC) finalization of a proposal to simplify and improve the exempt offering framework:
“Today’s action by the SEC will help small businesses, their employees, and Main Street investors—while maintaining… Read more »
