Chief Deputy Whip Patrick McHenry (NC-10) released the following statement announcing his candidacy to be the Ranking Republican on the House Financial Services Committee:

"Like every House Republican, I was deeply disappointed by Tuesday’s election results and saddened that many of our dear friends will not be returning to Congress in January. But now is the time to move forward. It is with this in mind that I announce my candidacy to be the Ranking Republican on the House Financial Services Committee.

“I have a strong record on the committee, having worked with both Republicans and Democrats to increase access to capital for American small businesses and families. In the 116th Congress, I will continue to seek legislative solutions that promote financial inclusion for all. I’m committed to working with the Trump Administration, Senators, and my Democratic colleagues on the committee to achieve these goals. 

“That said, my eyes are wide open to the goals of the new Democrat majority. I am fully prepared to fight back against any efforts by Democrats to use this committee to roll back our successes from the last two years or use the committee as the launch pad for endless, partisan investigations. The American people sent us here to get our work done. I intend to do that and I hope our Democrat colleagues share that commitment. 

“In the days ahead, I look forward to continuing my conversations with my House Republican colleagues as I make the case for why I’m the best candidate to lead our committee going forward."