Today, the House Financial Services Committee is holding a hearing with the Secretary of Housing and Urban Development (HUD), Marcia Fudge. Republicans will use the hearing to hold the Biden Administration accountable for its mismanagement of the COVID Emergency Rental Assistance (ERA) programs. Last month, all Committee Republicans introduced H.R. 3913, the Renter Protection Act to fix the Administration’s mismanagement of the ERA programs, get the funds out the door quickly, and help keep more...
By Rep. Patrick McHenry, R-N.C. | July 15, 2021 This year began with a question about whether we had done enough to secure a full economic recovery. Now the question is: can our economy handle this recovery? Prices are rising and they are rising fast — unsound fiscal policy and government spending are contributing to these higher costs. Families are feeling it when they buy groceries, fill up their tank, or book a plane ticket to finally reunite with relatives after a year and a half in lockdow...
In response to a series of partisan actions by Consumer Financial Protection Bureau (CFPB) Acting Director David Uejio, Committee Republicans, led by Republican Leader Patrick McHenry (NC-10), sent a letter to the Acting Director detailing how his policies will harm American consumers, workers, and families. Additionally, Republican Leader McHenry sent a letter to Chairwoman Maxine Waters (CA-43) calling on her to convene a hearing with the Acting Director to hold him accountable for the CFPB’s ...
Today, all Republicans on the House Financial Services Committee, led by Patrick McHenry (NC-10), sent a letter to Michael Hsu, acting head of the Office of the Comptroller of the Currency (OCC). The letter outlines Republican priorities for the OCC including regulatory reform, fostering financial innovation, strengthening cybersecurity, and promoting financial inclusion. The letter also urges the OCC to address the void left by Democrats' politically motivated and misguided action to overturn t...
