WASHINGTON — Congressman Patrick McHenry (R-NC-10), Chairman of the House Financial Services Committee; Representative Andy Barr (R-KY-06), the Chairman of the Subcommittee on Financial Institutions and Monetary Policy; Representative Bill Huizenga (R-MI-04), the Chairman of the Subcommittee on Oversight and Investigations; and Ranking Member Tim Scott (R-SC) of the Senate… Read more »
WASHINGTON — The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the House Judiciary Committee, Jim Jordan (OH-04), and the Chairman of the House Oversight and Accountability Committee, James Comer (KY-01), sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler. The Chairmen identify significant concerns with Chair… Read more »
Washington - Congressman Patrick McHenry (NC-10) released the following statement on the House passage of H.R. 3564, the Middle Class Borrower Protection Act. Under the Biden administration’s Loan-Level Price Adjustment (LLPA) mortgage rule, responsible homebuyers with good credit are forced to subsidize those with bad credit. The Middle-Class… Read more »
WASHINGTON - Congressman Patrick McHenry (NC-10) issued the following statement after the House of Representatives passed H.R. 3746, the Fiscal Responsibility Act, an agreement to cut spending, limit the expansion of the federal government, and grow the economy while responsibly raising the debt ceiling.
“This is the most conservative spending bill during my time in… Read more »
WASHINGTON — Congressman Patrick McHenry (NC-10) and Congressman Bill Pascrell (NJ-9) issued the following statements after leading a bipartisan letter to Secretary of Commerce Gina Raimondo to encourage upholding textile and apparel product-specific rules of origin included in the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR).
“It is… Read more »
WASHINGTON - Congressman Patrick McHenry (NC-10) and Congressman Jimmy Panetta (CA-19) released the following statements following introduction of H.R. 3335, the IRS eIVES Modernization and Anti-Fraud Act of 2023. This legislation would make changes to the eIVES program to improve its performance and ensure the IRS more closely follows Congressional intent for the program… Read more »
WASHINGTON — This week, Congressman Patrick McHenry (NC-10) issued the following statement after the Federal Housing Finance Agency (FHFA) announced it would rescind its unworkable upfront Debt-to-Income fee.
“I’m glad to see the FHFA rescind its unworkable changes to debt-to-income ratio-based fees. Subcommittee Chairman Davidson and I have been raising the alarm about the… Read more »
WASHINGTON — Chairman Patrick McHenry (R-N.C.), of the House Financial Services Committee, and Ranking Member Tim Scott (R-S.C.), of the Senate Committee on Banking, Housing, and Urban Affairs, are urging President Joe Biden to implement the 2020 national security finding by the Committee on Foreign Investment in the United States (CFIUS) that TikTok’s operations pose a national security… Read more »
Washington - Congressman Patrick McHenry (NC-10) announced Thea Tsucalas as the winner of 2023 Congressional Art Competition for her work, Newspaper Chicken. Thea, a sophomore at South Iredell High School, is the daughter of Jonathan and Erin Tsucalas.
“It is my privilege to recognize Thea for her creativity and… Read more »