Chief Deputy Whip Patrick McHenry (NC-10), the Vice Chairman of the House Financial Services Committee, released the following statement after his bill, H.R. 1219, the Supporting America's Innovators Act passed the House of Representatives by a vote of 417 to 3: "Almost five years to the day after the JOBS Act became law, it is fitting that the House is again coming together in a bipartisan fashi... Read more »
Chief Deputy Whip Patrick McHenry (NC-10) spoke this week with CNBC's Squawk Box and CNN's Wolf Blitzer to discuss the first part of House Republicans' three-phase plan to repeal and replace Obamacare, the American Health Care Act. Click on the images or links below to see video from Chief Deputy Whip McHenry's appearances: CNBC's Squawk Box CNN's Wolf Additionally, on Tuesday afternoon, Chief Dep... Read more »
Today, Chief Deputy Whip Patrick McHenry (R, NC-10), Vice Chairman of the House Financial Services Committee, spoke in support of and voted for his bill H.R. 1219, the Supporting America's Innovators Act of 2017. The bill passed out of the committee by a vote of 54 to 2. H.R. 1219 now awaits a vote on the floor of the House of Representatives. You can see the full video of McHenry's statement from... Read more »
Today, Chief Deputy Whip Patrick McHenry (NC-10) announced submission deadlines for the 2017 Congressional Art Contest. The Congressional Art Competition began in 1982, and, since then, over 650,000 high school students have participated in this nationwide event enabling high school students to showcase their artistic ability. “The Tenth District is home to a number of bright and talented art stud... Read more »
Last week, Congressman Patrick McHenry (R, NC-10) joined with U.S. Senators Heidi Heitkamp (D-ND) and Dean Heller (R-NV) to introduce bipartisan, bicameral legislation to help encourage and boost investments in small businesses and startups in western North Carolina and throughout the country. H.R. 1219, the Supporting America's Innovators Act of 2017 amends an exemption under the Investment Compa... Read more »
Chief Deputy Whip Patrick McHenry (NC-10) released the following statement in reaction to President Donald Trump's address to a joint session of Congress: “Tonight, President Trump laid out a clear and unifying vision for our country, a vision focused on creating good-paying jobs, lifting up the middle class, and keeping Americans safe and secure. In his first 40 days, we’ve already seen progress ... Read more »
Chief Deputy Whip Patrick McHenry (NC-10) released the following statement upon Senate confirmation of Congressman Mick Mulvaney (SC-05) as the Director of the Office of Management and Budget (OMB): “Congratulations to my good friend Mick Mulvaney on his confirmation as the Director of OMB. Mick is just the person we need at OMB: smart, principled, and brutally honest. It is long past time the fed... Read more »
Chief Deputy Whip Patrick McHenry (NC-10), the Vice Chairman of the House Financial Services Committee, released the following statement after President Donald Trump signed executive orders relating to the Dodd-Frank Act and the Department of Labor's Fiduciary Rule: “Dodd-Frank’s regulations have driven up costs and made credit less available for families and small businesses throughout western No... Read more »
Today, Chief Deputy Whip Patrick McHenry (R, NC-10) introduced H.R. 782, the Family Care Savings Act. This legislation raises the cap on dependent care flexible spending accounts from $5,000 to $10,000 and indexes the cap amount to inflation. Joining as an original cosponsor of the legislation is Congresswoman Grace Meng (D, NY-06). "In recent years, we've seen the cost of everyday goods and servi... Read more »
Chief Deputy Whip Patrick McHenry (NC-10) introduced H.R. 675, the Empowering Parents to Invest in Choice (EPIC) Act. Introduced during National School Choice Week, this legislation enables parents to save for their children's education in tax-free savings accounts including the popular 529 savings accounts. Additionally, this legislation would increase the contribution limits to Coverdell account... Read more »