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McHenry and Waters Introduce Bipartisan Legislation to Curb Illegal Insider Trading

WASHINGTON -- Today, Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, and Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the introduction of H.R. 624, the Promoting Transparent Standards for Corporate Insiders Act, bipartisan legislation which requires the Securities and Exchange Commission (SEC) to consider certain types of amendments to Rule 10b5-1 that would ensure corporate insiders are un...

McHenry Statement on Passing of John C. Bogle

WASHINGTON – Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement on the passing of John C. Bogle, the founder of Vanguard Group, and a thought leader in the financial sector: “Jack Bogle was a pioneer in every sense of the word. His vision to create a way for all Americans to find a simple, low-cost way to save for retirement and his uncompromising philosophy that a few simple investment principles could often beat the ...

McHenry: No-Deal Brexit could be Disruptive

WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, sent letters to the leaders of the Federal Reserve, Department of Treasury, Securities and Exchange Commission (SEC), and Commodity Futures Trading Commission (CFTC), requesting an update following today’s vote on the Brexit Withdrawal Agreement. Congressman McHenry stressed that while “potential for a prolonged or uncertain Brexit could prove challenging, a no-deal Brexit could ...

Republican Steering Committee Announces Recommendations for House Financial Services Committee

WASHINGTON – Today, the Republican Steering Committee recommended the following members to join the House Financial Services Committee: Anthony Gonzalez (OH-16) John Rose (TN-6) Bryan Steil (WI-1) Lance Gooden (TX-5) Denver Riggleman (VA-5) Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, released the following statement on the committee’s recommendations: “The new members recommended to serve on the Financial Services Committee will provide criti...