WASHINGTON — Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing to conduct oversight of Biden’s prudential banking regulators. Republicans have held Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg to account following the publication of the law firm Cleary Gottlieb’s independent… Read more »

WASHINGTON — Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing on the Securities and Exchange Commission’s (SEC) disastrous climate risk disclosure final rule. Republicans are examining the numerous consequences of this fatally flawed rule which exceeds the agency’s authority, threatens our economy,… Read more »

WASHINGTON — Today, the House Financial Services Committee, led by Congressman Patrick McHenry (NC-10), held a hearing on the dangers of ceding authority over American financial regulation to opaque and unaccountable global governance bodies. Republicans will hold banking regulators accountable for their dealings with global governance groups, especially when… Read more »

WASHINGTON — Congressman Patrick McHenry (NC-10), the Chairman of the House Financial Services Committee, released the following statement following House passage of his bill, H.R. 2799, the Expanding Access to Capital Act. H.R. 2799 will facilitate capital formation by strengthening our public markets, helping small businesses and entrepreneurs, and creating new… Read more »

WASHINGTON — Today, Congressman Patrick McHenry (NC-10) led the House Financial Services Committee in its semi-annual hearing with Federal Reserve Chairman Jerome Powell. Lawmakers questioned Chair Powell on banking regulators’ Basel III Endgame proposal, the ongoing fight to tackle inflation, and the Fed’s commitment to its independence. Watch Congressman McHenry’s… Read more »

WASHINGTON — Today, Congressman Patrick McHenry (NC-10), issued the following statement after House passage of H.R.4366, the Consolidated Appropriations Act of 2024. “I applaud Speaker Johnson for his work to bring this deal together,” said Congressman McHenry. “Leaders get the best results they can with the tools at their disposal. That’s exactly what… Read more »

WASHINGTON —Today, the House Financial Services Committee, led by Congressman Patrick McHenry (NC-10), is holding… Read more »

WASHINGTON — Today, the House Financial Services Committee, led by Congressman Patrick McHenry (NC-10), is holding a hearing to examine environmental, social, and governance (ESG) policy in financial regulation. Republicans are fighting to protect everyday investors with proposals to reform the proxy voting system, promote accountability in the proxy advisory system,… 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 »