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Ranking Member McHenry Announces New Member of Financial Services Committee
September 26, 2019 - WASHINGTON – House Republicans have selected Congressman William Timmons (SC-4) to serve on the House Financial Services Committee. The top Republican on the Committee, Patrick McHenry (NC-10), issued the following statement in response: “Congressman Timmons’ experience as a small business owner wil...More

McHenry: The reality is that prices increase for all when some decline to pay
September 26, 2019 - The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), delivered the following opening statement at a full committee hearing on debt collection practices and the best solutions for consumers and small business owners: “Thank you, Madam Chair, and thank you to the witn...More

Ranking Member McHenry Commends SEC Move to Strengthen Capital Markets
September 26, 2019 - WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) issued the following statement in response to the U.S. Securities and Exchange Commission’s (SEC) new rule to extend the “test-the-waters” accommodation to all issuers, enabling them to gauge market in...More

GOP Lawmaker Calls for Fed to Detail Its Cybersecurity
September 26, 2019 - Rep. Patrick McHenry introduces bill requiring central bank to report on security preparations The top Republican lawmaker on an influential House committee wants the Federal Reserve to be more open about its cybersecurity preparations. Rep. Patrick McHenry (R., N.C.), the ranking member of the Hous...More

McHenry Applauds Appointment of New IMF Managing Director
September 25, 2019 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) released the following statement on the appointment of Kristalina Georgieva as the new Managing Director of the International Monetary Fund (IMF). “I congratulate Kristalina Georgieva and wish her well as sh...More

Maloney & McHenry Introduce Bipartisan Financial Transparency Act
September 25, 2019 - Washington – Congresswoman Carolyn B. Maloney (D-NY), Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Financial Services Committee, Tuesday introduced The Financial T...More

Top Republican Introduces New Bill to Combat Growing Cybersecurity Threat
September 24, 2019 - WASHINGTON – Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10) introduced new legislation to ensure the Federal Reserve is prioritizing cybersecurity and modernization to combat the growing threat of cyberattacks to our financial system. “This summer, more ...More

Republicans Push SEC for Additional Regulatory Right-Sizing, Modernization to Benefit Everyday Investors
September 24, 2019 - Today, the Committee held a hearing with all five of the U.S. Securities and Exchange Commission (SEC) commissioners under the Democrats’ false pretense that the Commission is not fulfilling its mission. While Committee Democrats pushed their partisan, anti-growth agenda and criticized the SEC’s wor...More

Republicans Continue to Fight for Commonsense Consumer & Investor Focused Legislation
September 20, 2019 - WASHINGTON – This week, the Committee held a markup to consider the following bills: H.R. 123, the “FHA Additional Credit Pilot Program Reauthorization Act” H.R. 132, the “North American Development Bank Improvement Act of 2019” H.R. 4029, the “Tribal Eligibility for Homeless Assistance Grants Act o...More

Ranking Member McHenry Applauds Move to Right-size Margin Requirement
September 18, 2019 - WASHINGTON – The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after regulators announced a proposal to amend burdensome inter-affiliate margin requirements: “Republicans have made commonsense regulatory reform a cornerstone of our ...More

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