Press Release

McHenry on Financial Services Hearing on Pelosi’s Partisan Wish List: This is a Waste of Time

Today, the Financial Services Committee held a hearing on the so-called “HEROES” Act, House Speaker Nancy Pelosi’s progressive wish list that stands no chance of becoming law. Instead of focusing on bipartisan solutions to help American families, workers, and small businesses impacted by COVID-19, Democrats wasted valuable committee time holding a hearing on legislation that passed the House with bipartisan opposition over two months ago.

Last week, Congressman Patrick McHenry (NC-10), the Republican Leader of the House Financial Services Committee, wrote to Financial Services Committee Chairwoman Maxine Waters (CA-43) urging her “to reconsider the decision to hold a hearing on the HEROES Act and instead use that time to hear from witnesses who can inform our effort to develop a bill that will return the economy to full strength.” After the Chairwoman rejected the Ranking Member’s request to work in a bipartisan manner, Ranking Member McHenry responded“we are strongest when we work together. I wish we were taking the same approach to the next phase of CARES, and I stand ready to do exactly that after we finish today's discussion about a bill that has no chance of becoming law.”

Watch Ranking Member Patrick McHenry’s (NC-10) opening remarks at today's hearing by clicking here or on the image below.