Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and the Republican leader of the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, Bill Huizenga (MI-02), reintroduced legislation to protect American savers and investors from Democrats’ harmful tax proposals. The Protecting Retirement Savers and Everyday Investors Act would block states from imposing financial transactions taxes (FTTs) on certain industry participants, inc...
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, delivered the following remarks on the House Floor in opposition to H.R. 1319, Democrats’ partisan “stimulus” plan: Watch Ranking Republican McHenry’s remarks HERE. “We have politicians who are talking down our economy specifically to pass this spending package. “To be clear, we know many Americans are still suffering. Republicans want to provide targeted relief to those in need. “Temporary,...
Today, Republican Leader of the House Financial Services Committee Patrick McHenry (NC-10) testified before the House Rules Committee on President Biden’s “stimulus” plan. This partisan bill fails to target aid to Americans most in need and will not safely reopen our economy. Watch Republican Leader McHenry’s remarks at the Rules Committee HERE. Read Republican Leader McHenry’s remarks at the Rules Committee as delivered: “Look, the Speaker of the House said the economic crisis is accelerating. ...
Today, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, released the following statement on Treasury Secretary Janet Yellen’s letter to G20 colleagues. Today’s letter raises the possibility of a Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF). “The Treasury Department has better tools to fight COVID-19 abroad than an SDR allocation that sends billions of dollars to Beijing, Moscow, and Tehran. While parents wait f...
