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WASHINGTON, D.C.—  Recently, Congressman Patrick McHenry (NC-10) joined Face the Nation on CBS News, where he discussed House Republicans’ efforts to limit federal spending, save taxpayer money, and grow the economy in coordination with raising the debt ceiling. Congressman McHenry also outlined the state of the American banking system and Congress’ response to recent bank… Read more »

Washington -Yesterday, the Chairman of the House Financial Services Committee, Congressman Patrick McHenry (NC-10), sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. Congressman McHenry blasted the FHFA’s recent changes to the loan level pricing adjustment (LLPA) structure that amounts to a tax on creditworthy… Read more »

Washington - Congressman Patrick McHenry (NC-10) released the following statement on the House passage of H.R. 2811, the Limit, Save, Grow Act of 2023. This bill would raise the debt ceiling responsibly, cut government spending, and grow our economy. “It’s critical that we raise the debt ceiling with as little… Read more »

  WASHINGTON, D.C.— Yesterday, the House Financial Services Committee, led by… Read more »

Washington - Recently, Congressman Patrick McHenry (NC-10) reintroduced the Eliminating Paperwork for Startups Act for the 118th Congress. This legislation will modernize how 83(b) election forms are filed with the Internal Revenue Service (IRS)—making these filings more efficient and reducing their burden on America’s job creators. “It is past time for federal… Read more »

WASHINGTON, D.C.— Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) release of its final rule implementing small business lending data collection as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1071. “The Consumer… Read more »

WASHINGTON, D.C.— Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the White House released a fact sheet politicizing the recent failures of Silicon Valley Bank and Signature… Read more »

Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), held a hearing entitled, “The Federal Regulators’ Response to Recent Bank Failures.” Chairman McHenry and Committee Republicans are committed to getting the facts surrounding recent bank failures to assess federal regulators’ response and deliver transparency for the American people.   Watch… Read more »

Chief Deputy Whip Patrick McHenry (R, NC-10), the Vice Chairman of the House Financial Services Committee introduced H.R. 1839 the Reforming Access for Investments in Startup Enterprises Act of 2015 or RAISE Act. The legislation simply codifies an established legal framework for secondary markets of restricted securities to enhance market liquidity for entrepreneurs and investors.… Read more »