Financial Services, Jobs, and the Economy

McHenry Statement on SEC's Reg A+ Rule

| Posted in Press Release

Chief Deputy Whip Patrick McHenry (R, NC-10), the Vice Chairman of the House Financial Services Committee, released the following statement on the Securities and Exchange Commission's (SEC) adoption of rules on Regulation A+ or Title IV of the JOBS Act: “While I continue to review the details of the finalized rule I am encouraged the Commission has taken action on Reg A+. For too long…

McHenry Votes to Restore 40-Hour Work Week

| Posted in Press Release

Today, Chief Deputy Whip Patrick McHenry (NC-10) released the statement below following passage of H.R. 30, the Save American Workers Act: “Obamacare has hurt countless Western North Carolinians by cancelling policies, driving up premiums, and cutting hours and wages. Today the House acted to reverse one of the law’s most destructive effects: the redefinition of full-time work as 30…

McHenry Statement on Failure of SEC to Produce Regulation A Rule Proposal

| Posted in Press Release

Today, Congressman Patrick McHenry, Chairman of the Financial Services Subcommittee on Oversight and Investigations released the following statement on the Securities and Exchange Commission's (SEC) failure to propose a rule to amend Regulation A of the Securities Act of 1993 as mandated in Title IV of the JOBS Act:  “I find it inexcusable that, 19 months after enactment of the…

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…

McHenry Selected Vice Chairman of Small Brewers Caucus

| Posted in Press Release

At a meeting of the House Small Brewers Caucus yesterday, Congressman Patrick McHenry (R-NC) was selected Vice Chairman by his colleagues in Congress. North Carolina’s 10th Congressional District features a number of small and medium-sized breweries. Asheville has become the craft-brewing center of the Southeast – boasting more breweries per capita than any U.S. city.