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McHenry: Five Years Later, Dodd-Frank Has Failed

Chief Deputy Whip Patrick McHenry (R, NC-10), the Vice Chairman of the House Financial Services Committee, released the following statement on the fifth anniversary of President Obama signing the Dodd-Frank Wall Street Reform and Consumer Protection Act into law: “Five years ago today, President Obama and Congressional Democrats celebrated Dodd-Frank as the cure to all that ailed our financial system. In the President’s own words, Dodd-Frank would ensure that never again do the American people foot the bill for bailing out the financial industry. “Five years later, we have seen the exact opposite. Dodd-Frank’s myriad—and still incomplete—regulations have led to the closure of community banks and credit unions, the elimination of vital finan... Read More >

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Voting Record

Date Bill Vote
7/29 H.R. 1300 Yea
7/29 H.Res. 388 Aye
7/29 H.Res. 388 Yea
7/28 H.R. 427 Aye
7/28 H.R. 427 No
View Complete Record