Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), and the top Republican on the Subcommittee on Consumer Protection and Financial Institutions, Blaine Luetkemeyer (MO-03), sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. The letter demands Director Chopra provide documents and information regarding alleged collusion between the ...
Today, the House Financial Services Committee is holding a markup of a grab bag of mostly partisan legislation that does nothing to address the most pressing issues for Americans or provide relief for struggling families. Instead of working to ease the pain of Democrat-induced inflation or a potential recession, Democrats are more focused on distracting from their atrocious economic record. Watch Republican Leader Patrick McHenry's (NC-10) opening remarks here. Read key excerpts from Republican ...
Today, Senator Mike Braun and Senator Rick Scott introduced the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill would require the administration to publish the inflationary impact of executive actions before enacting them. The companion legislation was introduced by House Budget Committee Republican Leader Jason Smith (MO-08), House Republican Conference Chairwoman Elise Stefanik (NY-21) and House Committee on Financial Services Republican Leader P...
Today, the House Financial Services Committee is holding an oversight hearing of the Federal Housing Finance Agency with Director Sandra Thompson. While failing to conduct oversight of the Biden Administration’s housing finance plans, Democrats have pursued a far-left agenda that will exacerbate the rising cost of housing and inject unnecessary risk into the U.S. housing finance system. This hearing follows a letter last month from Republican Leader Patrick McHenry (NC-10) and Subcommittee Repub...
