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Covid-19 Updates Regulatory Relief

McHenry Opposes Democrats’ H.R. 2547: Another Attempt to Socialize Our Financial System

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), spoke on the House floor in opposition to Democrats’ bill to socialize the credit industry, H.R. 2547, the Comprehensive Debt Collection Improvement Act. This legislation will hurt small businesses, increase risk to the financial system, and drive up the cost of credit for all borrowers. Watch Republican Leader McHenry’s remarks on the House floor here. Read excerpts from Republican Leader McHenry’s flo...

McHenry: Democrats’ Policies Are Stalling Our Recovery

Today, the House Financial Services Committee is holding a markup of several partisan pieces of legislation from Committee Democrats that would lead to the naming-and-shaming of America’s job creators and weaken our financial system, all under the guise of consumer and investor protection. The April jobs report is proof that Democrats’ far-left agenda is stalling our economic rebound, but Committee Democrats continue to push partisan policies that do not support American families, workers, and c...

McHenry Reintroduces Gig Worker Equity Compensation Act

The Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), reintroduced H.R. 2990, the Gig Worker Equity Compensation Act. This legislation will include the gig workforce in the category of workers who are able to benefit from equity compensation, helping them share in our economic resurgence, while preserving the flexibility and independence that is so critical to Americans working in the gig economy. “How people choose to work is changing. Our technology-driven e...

ICYMI: McHenry Joins Squawk Box Ahead of Committee’s Third GameStop Hearing

Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), joined CNBC’s Squawk Box to discuss his expectations for the Committee’s third GameStop hearing, providing more opportunities for everyday investors, and the Gig Worker Equity Compensation Act, his legislation to protect gig worker flexibility, while allowing non-traditional workers to share in the economic benefits offered to traditional employees. Watch the full interview here, or by clicking the ...