Federal Budget

McHenry Statement on Fifth Anniversary of TARP

| Posted in Press Release

WASHINGTON, DC -- Congressman Patrick McHenry (NC-10), Chairman of the Financial Services Subcommittee on Oversight and Investigations, marked the fifth anniversary of the passage of the Troubled Asset Recovery Plan [TARP] today with the following statement: “Five years ago, our financial system was brought to its knees, and Washington responded by bailing out some of nation’s largest financial i...

McHenry Statement on Draft Oversight Committee Contempt Resolution for Attorney General Eric Holder on Fast and Furious

| Posted in Press Release

Hickory - Today, Congressman Patrick McHenry (NC-10) issued the following statement on House Committee on Oversight and Government Reform Chairman Darrell Issa's release of a staff briefing paper and draft of the contempt of Congress resolution against Attorney General Eric Holder for stonewalling the American people during the investigation of Operation Fast and Furious: "The American people hav...

McHenry Statement on President's Budget

| Posted in Press Release

Washington, D.C.-Today, Congressman Patrick McHenry (NC-10), Chairman of the Oversight Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, issued the following statement regarding the release of President Obama’s budget plan:

HDR: McHenry: House acted responsibly with Cut, Cap and Balance Act

| Posted in Blog

As we approach the Aug. 2 deadline for raising our debt ceiling, we must consider one of the only things both sides agree on – the national debt limit should represent our nation’s commitment to sound fiscal management of our government. Therefore, we must admit that the act of raising the debt ceiling proves that Washington has failed fiscally and economically to manage the American taxpayer’s money.