Financial Services, Jobs, and the Economy

McHenry Chairs House Subcommittee Field Hearing in NYC Examining Sarbanes-Oxley’s Impact on the U.S. Market

| Posted in Press Release

Congressman Patrick McHenry (R-NC) today chaired the House Government Reform Subcommittee on Regulatory Affairs field hearing in New York City to examine Sarbanes-Oxley’s regulatory impact on the U.S. stock markets in terms of liquidity, competitiveness and the overall health of the U.S. markets. Additionally, this hearing evaluated the net benefits of Section 404 of the Sarbanes-Oxley Act, includ... Read more »

Forest City Awarded $200,000 Cleanup Program Grant

| Posted in Press Release

Congressman Patrick McHenry (R-NC) today announced Forest City is the recipient of a $200,000 Environmental Protection Agency (EPA) Brownfields Cleanup Program Grant to further the Florence Mill Redevelopment Project. The funding will support phase one of the project, focusing on the decontamination of hazardous substances currently present on the Florence Mill site. “This is a huge win for Forest... Read more »

McHenry’s Credit Union Conversion Bill Goes Before Financial Services Subcommittee

| Posted in Press Release

The Subcommittee on Financial Institutions and Consumer Credit, chaired by Rep. Spencer Bachus (AL), will hold a legislative hearing on H.R. 3206, the Credit Union Charter Choice Act, on Thursday, May 11, at 10 a.m. in room 2128 Rayburn House Office Building. Introduced by Rep. Patrick McHenry (NC) on July 12, 2005, H.R. 3206 would amend the Federal Credit Union Act regarding conversion of a credi... Read more »

Congressman McHenry’s Statement on the RSC’s Proposal to Balance the Budget in Five Years

| Posted in Press Release

Congressman Patrick McHenry (R-NC) today issued the following statement during the Republican Study Committee’s press conference to announce a budget proposal that will balance the federal budget in five years. The congressman’s statement is below: “This budget proposal makes me proud to be a conservative. Today, my colleagues at the Republican Study Committee – the conservatives in the House – ar... Read more »

Congressman McHenry Takes Economic Approach in Opposing Dubai Deal

| Posted in Press Release

Congressman Patrick McHenry (R-NC) today issued the following statement in response to the announcement that Dubai Ports World of the United Arab Emirates is slated to provide operational management of six U.S. ports: “We should say to every government in the world, if you want to do business in the United States you must abide by free market principles. America has the power to level the economic... Read more »

Congressman McHenry and House Aviation Subcommittee Chairman John Mica Tour Hickory Regional Airport

| Posted in Press Release

Congressman Patrick McHenry (R-NC) will welcome the Chairman of the House Subcommittee on Aviation, Congressman John Mica (R-FL), to Hickory and tour the Hickory Regional Airport on Friday, February 24. The congressmen will meet with local officials and members of the airport task force to discuss issues including commercial air service and the Airport Tower Sharing Program. “The Hickory Regional ... Read more »

Commerce Secretary Highlights Congressman McHenry's Education Initiative at Committee Hearing on Competitiveness

| Posted in Press Release

Congressman Patrick McHenry (R-NC) spoke with Commerce Secretary Carlos Gutierrez about making the 10th District more economically competitive through education initiatives like the congressman’s Higher Education Coordinating Council during today’s Government Reform Committee hearing. The hearing was titled, “Sharpening Our Edge: Staying Competitive in the 21st Century Marketplace.” The transcript... Read more »

Congressman McHenry’s Statement on the State of the Union Address

| Posted in Press Release

Congressman Patrick McHenry (R-NC) today issued the following statement regarding President George W. Bush’s State of the Union address: "President Bush delivered a strong, forceful State of the Union address tonight. He articulated a plan to reform and limit government, continue the tax cuts and give Americans the chance to make more choices for themselves – especially in the area of health care.... Read more »

Congressman McHenry Announces Full Federal Funding for Hickory Airport’s Air Traffic Control Services

| Posted in Press Release

WASHINGTON – Congressman Patrick McHenry (R-NC-10) announced today the Hickory Regional Airport will receive full federal funding from the Federal Aviation Administration (FAA) under the Contract Tower Program. The funds will finance the airport’s air traffic control services for the airspace surrounding the Hickory region. “The Hickory Regional Airport is a key part of the infrastructure for attr... Read more »

Congressman McHenry’s Statement on Meeting with President Bush about Creating Jobs, Strengthening the Economy

| Posted in Press Release

Congressman Patrick McHenry (R-NC-10) today released a statement regarding his meeting with President George W. Bush to discuss creating jobs and strengthening the Western North Carolina economy. “The President’s tax cuts are providing a foundation for growth that lets people keep their own money, which is why our nation’s economy has shown positive growth for the last 16 quarters.” said Congressm... Read more »