Press Release

McHenry: Americans Shouldn’t Have to Mortgage Their Future Because of Democrats’ Reckless Spending

Today, the House Financial Services Committee held its semi-annual hearing with Federal Reserve (Fed) Chair Pro Tempore Jerome Powell. After President Biden misled the American people about the state of our economy during last night’s State of the Union address, Congressman Patrick McHenry (NC-10), Republican Leader of the House Financial Services, delivered opening remarks setting the record straight. Democrats’ reckless agenda has led to skyrocketing consumer prices, broken supply chains, and disruptions in our labor markets.

Watch McHenry’s opening remarks by clicking here or on the image below.