Financial Services, Jobs, and the Economy

House Passes McHenry Crowdfunding Bill

| Posted in Press Release

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Chairman of the Oversight Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, applauded House passage of the Entrepreneur Access to Capital Act, H.R. 2930. The legislation enjoyed broad bipartisan support, passing by a vote of 407 to 17 and receiving a supportive Statement of Administration Policy* from the President. Read more »

House Panel Approves Startup Bills, Paving Way For Floor Votes

| Posted in Blog

By Andrew Ackerman and Alan Zibel Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--In a rare display of bipartisan agreement Wednesday, a U.S. House panel approved four bills that aim to make it easier for small businesses to raise money, clearing the way for the full House to vote on the measures next week. The bills approved by the House Financial Services Committee are designed to help small bus... Read more »

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. Read more »